‘I would say they’re too expensive because we inherited a disastrous Biden economy, and we’re making progress,’ the Vice President told Fox News
JD Vance admits the prices of groceries and housing are “too expensive” but once again has laid blame at the feet of the "disastrous Biden economy,” despite the Trump administration having taken the reins more than eight months ago.
“Housing is too expensive, groceries are too expensive. Now, I would say they’re too expensive because we inherited a disastrous Biden economy, and we’re making progress,” Vance said, speaking to Fox News’ The Ingraham Angle.
The vice president made the remarks Friday when discussing the struggling U.S. economy and its potential link to a surge in popularity for Democratic New York mayoral hopeful Zohran Mamdani.
“…we’re making progress”
Let’s check on their progress. One of the major complaints during Biden was gas prices. One of the things I explicitly heard Trump promise to do was to cut gas prices in half during the first year. This wasn’t some vague statement that could be interpreted another way. He stood up on the stump on camera and directly said that gas prices would be cut in half in the first year of his second term.
The national average price of retail gasoline on January 20th, 2025 was $3.18 per gallon. Half of that is $1.59. What progress have we seen toward that $1.59 benchmark with less than 4 months to go? The national average price now is $3.17.
One cent lower than $3.18. I guess JD is technically correct. They’ve made progress. We’re nearly 0.63% of the way there, two thirds of the way through the year. Think we’re going to make it?