'Stupid Spending': Donald Trump Blasts Biden Administration Spending, Energy Prices

In a cabinet meeting on Tuesday, President Donald Trump spoke about lower gas prices.

Transcript

00:00Prices are down in this country or a big part of its oil the oil do you have

00:06you had a couple of places last week you had a dollar ninety-nine for oil for

00:12gasoline nobody thought that see that I want to get it lower if I can but where

00:17we've done a good job you've done a very good job you want to say a couple of

00:20words about that you and Chris about what's happening with energy well

00:24absolutely but I would say on the on the pricing side President Trump the fact

00:28that you've endorsed and supported a policy of energy dominance that sends a

00:34signal to the market that we're going to have more supply you talked during the

00:38campaign about inflation being a country buster you've broken the back of

00:42inflation in six months among all the other things you've accomplished we have

00:46no inflation and we've got in heading into the fourth of July these were the

00:50lowest gas prices at the pump in four years and again for Americans this is

00:56this is like hundreds of billions of dollars that stay in their pockets

01:00because we lower the price of gas to the pump but when we lower the price of

01:03energy it lowers the price of food it lowers the price of every the clothes

01:07you wear this is the biggest thing it's the biggest thing it's like a big tax cut

01:11when you get energy down every 50 cents is like a massive tax cut and we've gotten it

01:19down much below that you know we had great energy great low prices everything else when

01:24the election turned over I'm being I'm trying to be nice about it it turned

01:29over shockingly but nevertheless it happened energy started going up and it

01:36went up really bad and then he went back to the Trump policy the problem was they

01:40didn't know how to do that and he lost it he lost that sucker that big sucker was

01:45out of control and his energy prices went way up and that's what caused it but it

01:50was also a stupid spending they spent money like they used to use the term drunken sailors

01:56but I won't use that term although it is very descriptive I won't use that term I refuse

02:01to use it but they spent money at levels that nobody had ever seen before and trillions and

02:08trillions of dollars wasted on the green news scam greatest scam in the history of our country

02:13other than maybe Russia Russia Russia that might have been but the green news scam was the single

02:19greatest scam in the history of our country and continues to be but it's weakened badly it's

02:25hobbling along because people are finally they're finally getting it but they spent trillions of

02:31dollars on the green news scam getting nothing for devised by a couple of young people that

02:36weren't even good college students you know not even good students check out their marks