President Donald Trump said Americans are lucky he’s in office as he sought Monday to refocus his administration on concerns about the rising cost of living that have gripped much of the country.
Trump, at an annual gathering of McDonald’s restaurant franchise owners and executives, touted his administration’s progress in tackling pandemic-era inflation that spiked under President Joe Biden — and blamed his predecessor for lingering high prices that helped drive electoral Democratic gains this month.
“Nobody has done what we’ve done in terms of pricing,” he said at the McDonald’s Impact Summit in Washington. “We took over a mess.”
The president promised that progress is on the way even as his trade war as increased the costs of some goods.
“Now we have normal inflation,” he said. “We’re going to get it a little bit lower, frankly,” he added. “We have it almost at the sweet spot. And prices are coming down on different things.”
He touted the investments he has brought in, pointing to his tariff agenda as a major source of money coming into the United States and predicting that there would have been a “catastrophe” if it weren’t for his presidency.
“You probably would have had a bankrupt country. You are so damn lucky that I won that election, I’m telling you,” Trump said.
Inflation rates have sharply declined from a high of 9.1 percent under former President Joe Biden — the highest since the early 1980s — to 3 percent last month.
Source: https://www.politico.com/news/2025/11/17/trump-says-americans-are-damn-lucky-hes-in-office-in-first-affordability-pitch-00655751
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