Former US President Donald Trump has claimed that President Joe Biden’s policies are killing Americans.
Trump emphasised that the US economy has not been well-managed by Biden and that the rate of inflation is dire.
He said this in the early hours of Friday during the CNN-hosted US presidential debate in Atlanta, Georgia.
In the run-up to November’s presidential election, the former president claimed that growing costs of living and pricing increases have taken front stage.
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According to Trump: “He has not done a good job. He’s done a poor job.
“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.”
The primary lending rate of the US Federal Reserve was raised from nearly zero to a two-decade high of 5.25 to 5.50 percent, and it has stayed there for the past year.
Increased borrowing costs for households and businesses caused by higher interest rates have a cooling effect on the economy and have an indirect effect on everything from auto loans to mortgage rates.
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