Former President Donald Trump took aim at the Biden administration's economic agenda on Thursday, pledging to deliver "one of the greatest economic years this nation has ever recorded" while continuing to attack Gov. Kim Reynolds as he campaigned in eastern Iowa.
Trump pointed to high prices and inflation, which remain a top issue among Republican voters, as a symptom of what the White House has termed "Bidenomics," and said upward economic momentum in the U.S. had been stymied by the current state of the economy.
"As long as Crooked Joe Biden is in the White House, the American dream is dead," Trump said. "It's dead. You don't hear about the American dream anymore."
America's real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the federal Bureau of Economic Analysis, with an unemployment rate of 3.7%. Inflation was at 3.1%.
To either side of the stage where Trump spoke, video boards blared the message "BETTER OFF WITH TRUMP." When the former president polled the crowd on whether they were "better off four years ago or better off now," the crowd shouted "four years ago!"
"We're going to start chopping the hell out" of inflation, Trump pledged, "and you know what's going to follow? Interest rates are going to follow."
IOWA CAUCUSES
Galen Bacharier
Des Moines Register
CORALVILLE, Iowa — Former President Donald Trump took aim at the Biden administration's economic agenda on Thursday, pledging to deliver "one of the greatest economic years this nation has ever recorded" while continuing to attack Gov. Kim Reynolds as he campaigned in eastern Iowa.
Trump pointed to high prices and inflation, which remain a top issue among Republican voters, as a symptom of what the White House has termed "Bidenomics," and said upward economic momentum in the U.S. had been stymied by the current state of the economy.
"As long as Crooked Joe Biden is in the White House, the American dream is dead," Trump said. "It's dead. You don't hear about the American dream anymore."
America's real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the federal Bureau of Economic Analysis, with an unemployment rate of 3.7%. Inflation was at 3.1%.
To either side of the stage where Trump spoke, video boards blared the message "BETTER OFF WITH TRUMP." When the former president polled the crowd on whether they were "better off four years ago or better off now," the crowd shouted "four years ago!"
"We're going to start chopping the hell out" of inflation, Trump pledged, "and you know what's going to follow? Interest rates are going to follow."
Trump's remarks came just hours after the Federal Reserve signaled they were likely done hiking interest rates and forecasted three cuts next year, a faster pace than many expected, as inflation rates continue to fall. The stock market surged as a result, with the Dow Jones Industrial Average closing at a record high Wednesday, surpassing 37,000.
As Reynolds continues to campaign alongside Gov. Ron DeSantis, Trump again ratcheted up his criticism of the Iowa governor — continuing to take credit for her re-election and mocking her as America's least popular governor.
"She ended up winning the election," Trump said, after recalling his agreeing to endorse her and hold a rally in 2022. "And then she said she'd be neutral on this election. I said, well, I'd like to be neutral also, but that's not the way life works. So I said, don't come around to any of our events."
The crowd cheered in response.
Trump later referenced a Morning Consult survey of U.S. governors that showed Reynolds with the highest disapproval rating.
But the latest Iowa Poll showed that most likely Republican caucusgoers are fans of Reynolds: 78% feel favorably toward the governor, including 46% who feel "very favorably." Trump, by comparison, was viewed favorably by 72% of likely caucusgoers, including 49% who feel "very favorably" toward him.
A majority (54%) of likely caucusgoers, however, said her endorsement of DeSantis did not matter to them.
Trump pointed to high prices and inflation, which remain a top issue among Republican voters, as a symptom of what the White House has termed "Bidenomics," and said upward economic momentum in the U.S. had been stymied by the current state of the economy.
"As long as Crooked Joe Biden is in the White House, the American dream is dead," Trump said. "It's dead. You don't hear about the American dream anymore."
America's real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the federal Bureau of Economic Analysis, with an unemployment rate of 3.7%. Inflation was at 3.1%.
To either side of the stage where Trump spoke, video boards blared the message "BETTER OFF WITH TRUMP." When the former president polled the crowd on whether they were "better off four years ago or better off now," the crowd shouted "four years ago!"
"We're going to start chopping the hell out" of inflation, Trump pledged, "and you know what's going to follow? Interest rates are going to follow."
IOWA CAUCUSES
Trump attacks 'Bidenomics' and Kim Reynolds in Iowa, declares 'the American dream is dead'
Galen BacharierDes Moines Register
CORALVILLE, Iowa — Former President Donald Trump took aim at the Biden administration's economic agenda on Thursday, pledging to deliver "one of the greatest economic years this nation has ever recorded" while continuing to attack Gov. Kim Reynolds as he campaigned in eastern Iowa.
Trump pointed to high prices and inflation, which remain a top issue among Republican voters, as a symptom of what the White House has termed "Bidenomics," and said upward economic momentum in the U.S. had been stymied by the current state of the economy.
"As long as Crooked Joe Biden is in the White House, the American dream is dead," Trump said. "It's dead. You don't hear about the American dream anymore."
America's real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the federal Bureau of Economic Analysis, with an unemployment rate of 3.7%. Inflation was at 3.1%.
To either side of the stage where Trump spoke, video boards blared the message "BETTER OFF WITH TRUMP." When the former president polled the crowd on whether they were "better off four years ago or better off now," the crowd shouted "four years ago!"
"We're going to start chopping the hell out" of inflation, Trump pledged, "and you know what's going to follow? Interest rates are going to follow."
Trump's remarks came just hours after the Federal Reserve signaled they were likely done hiking interest rates and forecasted three cuts next year, a faster pace than many expected, as inflation rates continue to fall. The stock market surged as a result, with the Dow Jones Industrial Average closing at a record high Wednesday, surpassing 37,000.
As Reynolds continues to campaign alongside Gov. Ron DeSantis, Trump again ratcheted up his criticism of the Iowa governor — continuing to take credit for her re-election and mocking her as America's least popular governor.
"She ended up winning the election," Trump said, after recalling his agreeing to endorse her and hold a rally in 2022. "And then she said she'd be neutral on this election. I said, well, I'd like to be neutral also, but that's not the way life works. So I said, don't come around to any of our events."
The crowd cheered in response.
Trump later referenced a Morning Consult survey of U.S. governors that showed Reynolds with the highest disapproval rating.
But the latest Iowa Poll showed that most likely Republican caucusgoers are fans of Reynolds: 78% feel favorably toward the governor, including 46% who feel "very favorably." Trump, by comparison, was viewed favorably by 72% of likely caucusgoers, including 49% who feel "very favorably" toward him.
A majority (54%) of likely caucusgoers, however, said her endorsement of DeSantis did not matter to them.
Trump attacks 'Bidenomics' and Kim Reynolds in Iowa, declares 'the American dream is dead'
Donald Trump attacked the Biden administration's economic agenda while campaigning in Iowa, telling supporters they were "better off" under his watch.
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