Larry Kudlow: “Trump is building this phenomenal middle class, working folks coalition...These are people who, they’re losing money, their real wages are going down...You have economic pressures...and you have pictures of literally an invasion of the United States by a lawless mob.”
Video transcript
Remember, Trump is building this phenomenal, middle-class, working folks coalition of whites, of Latino, Hispanics, of blacks. Take a look at the numbers, they're phenomenal. These are people who are losing money, their real wages are going down, prices are still high, 20% increase in the CPI, 20% increase in groceries, 30% increase in energy, their mortgage rates and mortgage costs if they want to buy a home, over 7% on the rate. It probably cost you another $1,200, $1,500 than it did a year, three years ago. Car purchases, you got to pay about 10% on that rate. Credit card purchases, you got to pay about 25% on that rate. So you have these economic pressures, you have these fears of law and order, and you have pictures of literally an invasion of the United States by a lawless mob. It is absolutely astounding, and I do not think Biden will lift one finger to change that. I don't see any evidence that he wants to change that.
Transcribed automatically. Expect errors in names and numbers.