Trump backtracks on campaign pledge to bring down grocery prices - eviltoast

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.

  • WaxiestSteam69@lemmy.world
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    10 days ago

    Everyone iny social circle and at work convinced themselves that he would fix things immediately. I can’t tell you how many times I heard “as soon as Trump gets in the economy will get better” or “he’ll fix it”. He’s a liar. A big reason we’re here is he didn’t get called out enough for being a liar.

    I’m pretty sure the only thing he’s interested in is revenge and he doesn’t care who gets hurt on his path to achieving it.

    • floofloof@lemmy.ca
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      10 days ago

      If people understood the very first thing about economics it would be glaringly obvious that his proposed tariffs would drastically raise grocery prices, and the prices of many other things. Unfortunately, people don’t understand, and the media carefully avoids explaining it to them.

    • samus12345@lemm.ee
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      10 days ago

      Revenge and being shielded from prosecution. And he’ll get everything he wanted, courtesy of American voters (and especially non-voters).