Jeff Snider
👤 SpeakerAppearances Over Time
Podcast Appearances
So he's getting the joke that he can't just say to the microphone, oh, affordability is a headline issue that's being spun by the Democrats.
No, there's some reality to it because the prices haven't come back down from Biden inflation.
And so now the White House and the president are out there speaking to it to counter the message of the Democrats.
And yes, certain things like Italian pastas came down a little bit.
So there's a couple of things here.
First of all, I agree that there is this cataclysmic jump in prices that happened under Biden.
And you can argue whether it started as Trump, but you can certainly look at the charts and it went nuts under Biden.
And there's a lot of core products that probably aren't going to be able to come down.
Energy is one where the president can help it get down.
I mean, look what Biden did.
Biden depleted the SPR, Strategic Petroleum Reserve, to artificially drop gasoline prices.
Correct.
But that's what he said he was doing.
Instead, it just depleted it.
Correct.
Well, he didn't do anything.
What Trump is doing something, and you can look at the price of gas outside of the blue states where they have the artificial cap taxes.
California's got $1.90 cap tax on the true price of gas.
So you take a look at what you'd pay, say, in Texas, Alabama, even New Jersey, and then put $1.90 on it, the California cap tax.
And that's why it's $5 in California and