Post from Truth Social

Reposted from Team Trump@TeamTrump
Q: Mr. President, I'm a single father and an Iraq war veteran. I dream of owning a home for me and my son, but mortgage rates under the Biden-Harris admin has made that impossible. What can you do to help make home ownership affordable again? President Trump: We're going to get rid of a lot of regulations and we're going to bring interest rates way down. We're going to create the American Dream.
Video transcript reposted clip ยท 5:26

Good evening, Mr. President. My name is Reed. I'm a single father and Iraq War veteran. I dream of owning a home for me and my son, but mortgage rates under the Biden-Harris administration have made that impossible. What can you do to help make homeownership affordable again? All right, good. It's a great question, and a lot of people have this question. First of all, it's too expensive to build the homes, and they're building them, and they cost a fortune, and 30 percent of the cost in some locations is the cost of planning and certificates, and all a lot of nonsense they do. They make you go through hell and it takes years to get them, zoning approvals, all of the approvals you need. We're going to get rid of a lot of that, but most importantly, we're going to get interest rates brought way down. We had interest rates at 2 percent, and now they're 10 percent, and you can't get the money. We had 2 percent, and there was plenty of money for everybody, and I call the home part of the American dream. We're going to create the American dream for young people, and for older people too, by the way. We're not going to forget. I mean, I happen to be a very young man, but we're not going to forget the older people. We're not going to forget the older people. By the way, no tax on Social Security benefits for the older people. I guess, you know, somebody said, "Oh, he's got a conflict of interest," because he benefits by that. I'll give mine up. I save tax, but no, we're going to do that for the older people. That's a big deal, because you've been eaten alive with inflation, and all I'm doing is getting you back to even. I think when we do that, we're probably just getting you. You know, you have fixed income, and you went up numbers like 30, 40, 50, depending on what they include. You know, they like to say it was a 20 percent increase. It wasn't. It was 30, 40, and 50, depending on what they want to include. So we're going to do that. But Reed, getting back to you, we're going to drill, baby drill. We're going to have so much energy, and we're going to bring prices down, because, you know, your prices are up. Don't forget, the damage is done. We have the worst president and the worst vice president in the history of our country by far. And let me tell you, she is worse than him. And he's actually, I didn't think I'd ever say this about anybody. She's actually, you take a look at she's more dangerous than him, but he's actually smarter than her. I never thought I'd say that. I never thought I'd say that. But look, we're going to get it down. We're going to drill. We're going to get the energy down. When the energy comes down, prices are going to come down. All of that prices, because, you know, when they say, oh, although they had very bad inflation numbers last month, you saw that very, very bad inflation numbers, despite the big, you know, they did this big drop, probably too big a drop. I'm not going to get into that. But we're going to get the prices down because the damage has been done. If we had no inflation now, such damage has been done. The highest, in my opinion, the biggest inflation in the history of our country, they didn't include a lot of the bad numbers. I'll give you an example on housing and on different things like crime statistics are fake. They were fake statistics. They didn't include some cities that were really bad. So the crime looked like it was just bad as opposed to being horrific. Jobs, 818,000 fake jobs, they added. And they padded the job numbers a couple of months ago so that they'd look better on jobs. 818, they were fake. They were fraudulent jobs. And they thought they'd announced the real numbers after the election. But we had a whistleblower or somebody that let it out. So they cheated us on 18, think of that 818,000 jobs. They cheated. You know, usually when you have those numbers, it's 9,000 jobs over. This is almost a million jobs off. It's not even possible. So we're going to bring things and read. You're going to buy that house and you're going to pay two and a half, 3% interest. And you're going to say, I love this guy because interest rates read will follow as the energy goes down. And I made another commitment. I made it over the last month. I've been making it. We have more liquid gold under our feet than Saudi Arabia, than Russia, than any other country. I'm going to bring down your energy costs 50% in the first year. Five oh 50%. And I better do it because I'm all over the place thing. I'm going to have problems if I don't get it done. But we have all the capacity to do it. Nobody else can make that statement. We have so much energy. We don't even use it. We get energy from Venezuela. They don't have good oil. You know, they have tar. They have tar that you have to liquefy. And you know where they do it in Houston, Texas, because that's where we have the plant. It's the only plant in the world that can do it. We do it in Houston. So for the environmentalists out there, this is not a pretty picture what flows into the air, right? But we're going to use our beautiful liquid gold. And when we get everything else down houses, everything's going to come. It's going to be beautiful. You're going to have a house. Just wait a little while. Give me a little while. Let me get in. One year from January 20th, we will have your energy prices cut in half all all over the country. (audience applauding) - Thank you.

Transcribed automatically. Expect errors in names and numbers.