Former United States President Donald Trump has criticized President Joe Biden’s policies, claiming they are detrimental to Americans.
Trump asserted that Biden has poorly managed the US economy, resulting in disastrous inflation rates.
Speaking during the US presidential debate hosted by CNN in Atlanta, Georgia, in the early hours of Friday, Trump highlighted the rising prices and cost of living as critical issues ahead of November’s presidential election.
“He has not done a good job. He’s done a poor job,” Trump stated. “And inflation is killing our country.
It is absolutely killing us. I gave him a country with essentially no inflation. It was perfect. It was so good, all he had to do was leave it alone. He destroyed it.”
Trump’s comments come as the US Federal Reserve has raised its key lending rate from almost zero to a two-decade high of between 5.25 and 5.50 percent, where it has remained for the past year.
Higher interest rates are intended to cool down the economy by raising borrowing costs for consumers and businesses, indirectly affecting everything from mortgage rates to auto loans.
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