Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices
www.huffpost.com
The president-elect walked back what was always a wildly unrealistic campaign promise.

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.

  • jacksilver@lemmy.world
    2·
    14 days ago

    I mean, he’s the president elect. If you look at the following sentences he thinks energy and supply chain will fix the problem.

    The issue is neither of those is going to come down enough to lower prices, and even more poignant is that he is not proposing any plan or strategy to enable those to fix pricing.

    Inflation and grocery prices aren’t new issues and if he doesn’t have a plan now he isn’t going to come up with one (lest we be reminded how his Healthcare plans have evolved over 8+ years).