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.
I wonder what people will do about that.
Nothing? Or cheer?
Inflation soared above 9% in 2022 as a result of supply chain problems related to the coronavirus pandemic and strong consumer demand that had been buttressed by stimulus checks and other relief policies both Trump and President Joe Biden championed.
Jesus Christ we’re still blaming stimulus checks for inflation. Most people couldn’t pay more than a months rent at most with the stimulus they received and yet we’re supposed to believe that was a huge factor driving prices up? Saying stupid shit like this is exactly as bad as Trump’s ridiculous tariff proposals but because it’s not a Republican saying it we’re just supposed to accept it as gospel. Eat my ass HuffPo
we’re still blaming stimulus checks for inflation.
Most western countries had inflation as high or higher than the US and did not provide stimulus checks. Gee, I wonder what the common denominator could be…? Certainly not a worldwide pandemic!
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?
I’m going to guess the small business loans didn’t help either
The ones that went to not small businesses (because handing out money doesn’t need any oversight). And got forgiven even though they weren’t used for payroll (another trickle down failure).
More people spending money can cause inflation if you have the same amount of goods.
How many months of rent is irrelevant because that’s not disposable income. If the stimulus didn’t meaningfully increase your disposable income dieting the pandemic you’re too rich to discuss it
Oh my gosh! Oh my! Trustworthy Trump?! He lied… For political gain?
I’m sure the people who voted for him would be very upset right now if they could read.
But of course, Mon ami. Surely the ravings of one such as l’orange simply could not be believed?
Does this mean he’s backing down on tariffs? Jesus, one of the only things he actually campaigned on…
A lot of people yelling that he’s not backtracking, that he’s just saying it’s hard. Did we not pay attention in 2016? “It’s easy, we’ll fix it in a day, I’ll do it faster than any other president”. Then it didn’t happen. Then it was hard, then it was in the works, then it was a concept, then it never came. We’re just going to have tons of repeats of the same old crap. I’m just waiting for the “who thought ending a war was difficult” quote to drop for Ukraine. (If it doesn’t just get handed over on a silver platter on day one)
Trump only took presidency for two reasons:
To not go to jail/be prosecuted.
Fame.
Keep pissing in the wind, to those thinking he’ll do even less of a quarter of the things he ‘promised’ to do. Has the first 4 years with this guy told anyone anything? Dumb Americunts.
Britain’s worst mistake by far, and we have many charges to answer. I’m ashamed of my country for creating this monster.
Reason #3: To gift as much public and foreign money into his pockets as possible.
Oh wow who could have fucking predicted
The absolute crazy thing is the energy prices. He said he’d cut energy prices in HALF within 12 months. Then he said it again. And again. He like quadrupled down on this and people actually bought it. This dude legitimately promised that all energy prices would be fucking halved in 12 months. I will eat my entire piece of shit car if that happens lol
Like… with a fork?
I figure I go with The Lotito plan, break it down into small pellets and just take it piece by piece with some mineral oil 😄
Do you want him to eat it with his hands like an animal?
my prediction is that they’ll eventually just start saying “we DID lower prices. for everything” even though every graph will show that the prices have perpetually gone up. for everything. and all the complete fucking moron troompa loompa voters will 100% believe that prices have gone down
Gotta love living in 1984: The Reality Show.
The graphs will indeed show that prices dropped, but that part will be in Sharpie ink.
“The price to buy a Banana has fallen from 3 Dogecoin to 1 Dogecoin. Who cares if it went up in dollars?”
For sure this is going to happen; the only thing they took away from this election was that they can say whatever they want and push back on any kind of fact checking and they’ll just get rewarded for it.
Shocker…
Haha just wait until he tanks the economy and all these prices stay high.
I am Jack’s complete lack of surprise.
Promises Made, Promises Kept*!
<p></p>* = Promises will not be kept
Promise *bullshit = new Promise; delete bullshit;
🧐 🐆 🐆 🐆 🐆
🤣
The only thing shocking here is that he’s openly admitting he won’t keep his promises.
Wait…does that mean he…does intend to fix prices then?
Is this Opposite Day?
I mean…is this not Opposite Day?
I’m so confused!
Nobody knew health care could be so complicated
— President Trump (February 27, 2017)
I mean if nobody got the message he wasn’t going to anything. Being direct this time isn’t going to help. Literally didn’t even fucking LOCK HER UP like he said he would. Don’t even get me started on his tax return, still waiting on that, likely will happen on infrastructure week.
Anything that guy says is just utter shit.
Speaking of his tax returns…
He can now decree to the irs to stop the perpetual audit on his tax returns so he can release them to the eager and deserving american public … right?
Same with the medical records of his grievous ear injury …
Has he ever truly faced consequences for what he says or does?
Not yet.
Yes. He was celebrated for it!