Part 4/12:
The President vehemently criticized the "fake narrative" about affordability propagated by Democrats, asserting that prior to his administration, inflation soared to historic levels. Egg prices, for example, soared four to five times their normal cost, but under his policies, they have been driven down significantly—by 86% for eggs and 33% for Thanksgiving turkeys.
Gasoline prices have plummeted from about $5 under the previous administration to around $2.50 today, with some states seeing prices as low as $1.99. The strategic reserves, which Biden reportedly depleted to favor re-election, are now being rebuilt, though at the time of the speech, they were nearly exhausted due to high energy prices.