Staff Reports
Former President Donald Trump promised to bring back “MAGAnomics” and put an end to “Bidenomics” if he wins the election in November. During a large rally on the beach in Wildwood, New Jersey, he criticized President Joe Biden’s economic policies and their impact on the people of New Jersey.
Trump vows to replace ‘Bidenomics’ with ‘MAGAnomics’ on first day in office https://t.co/FojoBWuz2M
— Washington Examiner (@dcexaminer) May 12, 2024
Trump highlighted the financial struggles faced by New Jersey residents, citing statistics on the cost increases of everyday items like hot dogs, chickens, hamburgers, soda, eggs, gasoline, and bacon. He labeled these inflation figures as “devastating” and warned of the dangers of inflation to the country.
The former president also targeted Biden’s energy policies and claimed that they have led to an increase in energy prices, which in turn has benefited Russia and financed President Vladimir Putin’s actions. Additionally, he suggested that Biden’s policies would harm the suburbs in New Jersey and lead to a decrease in property values and wealth for residents.
Trump promised rally attendees a substantial tax cut if he were to be reelected, contrasting it with his claim that Biden plans to raise taxes. He also pledged to address the current state of the economy and inflation with a new economic boom under his leadership.
Rep. Jeff Van Drew (R-NJ) echoed concerns about the impact of inflation and the economy on New Jersey residents, emphasizing the challenges faced by those living in a high-cost state.
Several attendees at the rally expressed their worries about inflation and the economy, with some reporting struggles to make ends meet and facing concerns about their financial futures.
Overall, Trump’s message to the crowd focused on the potential return of a strong economy under his leadership and a rejection of Biden’s economic policies.
