"On Day One of my new administration, we are going to throw out BIDENOMICS, and reinstate MAGANOMICS."
Trump is set to hold a Waukesha, Wisconsin rally Wednesday afternoon on the topic of a "Trump economic boom" that will follow the "Biden economic bust" seen under the current administration. An advance copy of Trump’s Waukesha speech was provided to The Post Millennial.
In it, Trump says: "With your help, we are going to win Wisconsin this November, we are going to defeat Crooked Joe Biden, and we are going to MAKE AMERICA GREAT AGAIN!
"Last week, we saw numbers showing clearly that the economy is crashing—with GDP growth plunging by more than 50 percent in the first quarter of this year. We now have BIDEN STAGFLATION—which spells the DEATH of the American Dream, and that doesn’t even include some of the horrible numbers we’re seeing flowing in from poor and crime-ridden countries all over the world.
"On top of it all, Biden has just declared that if he gets 4 more years, he will drench the Middle Class in a tidal wave of massive tax hikes—vowing repeatedly that he will ensure the Trump Tax Cuts expire."
This, Trump says, means that under Biden, "a single individual earning $75,000 dollars a year will see an almost $2,000 dollar tax hike; and a family of four earning $165,000 dollars a year will see a nearly $3,000 dollar tax hike. 73 percent of Americans are now living Paycheck to Paycheck, the highest number ever recorded—yet Crooked Joe wants to raise your taxes, and raise business taxes which will lead to the destruction of your jobs that all came in during the Trump administration.
"I will NEVER let that happen. With me in the White House, we will protect the Trump Tax Cuts for working families, and we will make our Middle Class richer, stronger, and more prosperous than ever before."
Trump takes aim at Biden’s job numbers, saying they are "fake" and that "he’s counting people coming back to work from the pandemic, and Biden’s jobs are part-time jobs, and illegal immigrant jobs. Virtually all job creation under Biden is foreign-born workers.
"But when I’m in the White House, the Biden Economic Bust will quickly be replaced with a brand-new Trump Economic Boom."
"When I left office, we handed Crooked Joe the fastest economic recovery ever recorded, the stock market was at a record high, the price of gasoline was $2 dollars per gallon, the 30-year mortgage rate was at a record-low 2.65 percent, and we had NO INFLATION," Trump says. "But then Biden came in and unleashed mayhem on our economy just like he unleashed mayhem on our border. Using COVID as an excuse, Crooked Joe launched the greatest confiscation of Middle-Class wealth in the history of our country."
Under Biden's term, Trump says "Joe Biden and his party stole trillions of dollars from hardworking Americans and gave it to their political cronies and their far-left friends. They spent $2 trillion dollars on their so-called American Rescue Plan, which Obama’s economic advisor called 'The Original Sin' that led to rampant inflation.
"They spent another trillion dollars on their misnamed Inflation Reduction Act, $1.2 trillion dollars for their fake infrastructure package, and they’re spending trillions of dollars on the Green New Scam, all wasted money. Joe Biden’s economic plan is to make CHINA RICH and America Poor—My economic plan is to make AMERICA RICHER than ever before."
"With your vote, we are going to save our economy—and we are going to bring our country back from Hell," Trump says, adding that Wisconsin families have "lost between 20 and 30 THOUSAND DOLLARS thanks to Crooked Joe’s inflation tax—and these price hikes are continuing to drain nearly $1,000 dollars from the typical Wisconsin family budget every single month.
"Chicken is up 24 percent, baby food is up 30 percent, eggs are up 50 percent, gasoline is up 50 percent, airfares are up 33 percent, and the 30-year mortgage rate just hit 7.6 percent."
Trump says he will take aim at the "50 percent Biden inflation tax—the extra cost you’re paying at the grocery counter and the gas pump and all of the other costs that have gone up so much in the last 3 and a half years," adding that "Crooked Joe has run the government like Robinhood-in-Reverse—stealing from the poor, and giving it to the rich."
Examples of the inflation tax include Biden "spending hundreds of billions of dollars to give $7,500 dollar tax credits for rich people to buy luxury electric cars" that are too expensive for middle-class families to afford, "spending billions of dollars on hotel rooms for illegal aliens, while hardworking Americans struggle to pay their rent," and Biden’s newest attempt to give student loan forgiveness in a smaller way than his original plan that got struck down by the Supreme Court.
"Bidenomics is flat-out economic warfare on American families. If Joe Biden wins this election, the Middle Class loses—but if Trump wins, the Middle-Class WINS, people of low income will start their journey toward the American Dream, WISCONSIN WINS, and AMERICA WINS," Trump says.
"On Day One of my new administration, we are going to throw out BIDENOMICS, and reinstate MAGANOMICS," with Trump saying that he will "impose an immediate moratorium on all new spending, grants, and giveaways under Joe Biden’s mammoth socialist bills like the so-called Inflation Reduction Act.
"We are going to stop the Biden spending spree. We are going to halt his Inflation death spiral. We are going to terminate his Green New Scam. We are going to end his war on American Energy. And we are going to DRILL, BABY, DRILL. From the very first day that we take back the White House from Crooked Joe Biden, I believe we are going to have the four greatest years in the history of our country."
On the topic of Biden's performance as president, Trump says, "If you took the ten worst presidents in the history of the United States, and added them up, they would not have done near the destruction to our country as Joe Biden and the Biden administration have done.
"So if you want to Save America, get every common-sense person you know, register them Republican, and VOTE! The Great Silent Majority is rising like never before—and under our leadership, the Forgotten Man and Woman Will Be Forgotten No Longer!"
The Wednesday campaign stop takes place ahead of a second rally in Freeland, Michigan. The two rallies are being held on Trump's off day from Manhattan DA Alvin Bragg's falsified business records case against the presidential candidate.
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