- cross-posted to:
- politics@lemmy.world
- trump_watch@lemm.ee
- cross-posted to:
- politics@lemmy.world
- trump_watch@lemm.ee
Summary
Trump admitted it will be difficult to lower consumer prices, despite campaign promises to reduce grocery, energy, and overall inflation costs.
Trump told Time that achieving price reductions is rare without major economic downturns.
During the campaign, Trump blamed rising costs on Democratic leadership and proposed tariffs as a solution, but economists warn tariffs could raise prices further.
Inflation, a key voter concern, played a significant role in Trump’s election victory, though he has yet to outline a clear plan to deliver on his economic pledges.
Canada gave way more, inflation is under 2% now
Almost like giving more to the people who spend it on the economy, helps the economy. Who knew?