Former president Donald Trump slammed Vice President Kamala Harris’ economic policies and the White House’s handling of the economy at a news conference at his home in Bedminster, New Jersey, on Thursday.
Trump made more than 20 false claims during the more than hour-long address.
These are highlights from his remarks:
Inflation:
Flanked by tables filled with grocery store products and prices to indicate the impacts of inflation, Trump highlighted rising costs in a wide breadth of industries, rattling off statistics on increases in rents, mortgage costs, groceries, insurance premiums, electricity and energy prices in a news conference that lasted over an hour.
He attacked Harris’ proposal for a federal ban on price gouging to lower costs on grocery items and other everyday costs as “communist price control” and predicted her proposal would lead to “food shortages, rationing, hunger, dramatically more inflation.”
Trump reiterated his promise to reduce prices by increasing domestic oil production, which he pegged as the leading driver of inflation. He also pledged to reduce “energy and electricity prices” by “at least half” in the first year of his administration.
Trump lingered on the rising cost of electricity, and reflected on his conversation with Tesla founder Elon Musk, who he said stressed the importance of cheap electricity to facilitate the growth of the artificial intelligence industry.
Service workers:
Trump insisted the Biden administration has hurt service workers by approving additional Internal Revenue Service personnel, and blamed Harris for allowing the agency to “go after people that make tips” after she endorsed the elimination of taxes on tips to service workers last week, echoing a policy he has touted previously.
“They’re lying when they say that, you know, this is what they want to do. Because their legislation, which everyone knows, and their executive orders, were extremely tough,” he said.
Union comments:
While taking questions from reporters, Trump was asked about a comment he made in the conversation with Musk where he appeared to endorse the firing of striking workers, a comment strongly condemned by union organizers. When asked if he’s comfortable with companies threatening to fire workers on strike, Trump said he wants companies to “get workers that are going to love them” without addressing the concerns from unions.
“I want companies to get workers that are going to love them and work for a wage it lets the company make a profit so they can go and expand,” he said.
When pressed about pushback from union organizers, including Teamsters’ union head Sean O’Brien, a Trump supporter who called the comment “economic terrorism,” Trump again did not address the concerns from union organizers but praised O’Brien as “a great guy” and observed workers fired by Musk when he took over Twitter were not on strike.
“They weren’t organizing against Elon. He let them go because he was having a lot of problems in California,” Trump said.
“And Sean O’Brien is a great guy from the Teamsters,” he said. “Sean is great. I think Sean would understand it better than anybody.”