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.

  • @[email protected]
    link
    fedilink
    565 months ago

    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

    • @[email protected]
      link
      fedilink
      125 months ago

      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!

    • @[email protected]
      link
      fedilink
      15 months ago

      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

      • Rhaedas
        link
        fedilink
        35 months ago

        Almost like giving more to the people who spend it on the economy, helps the economy. Who knew?

      • Rhaedas
        link
        fedilink
        35 months ago

        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).

  • @[email protected]
    link
    fedilink
    25 months ago

    trump is a liar… This explains pretty much everything… None of his plans would work though if the electorate were educated…

  • @[email protected]
    link
    fedilink
    365 months ago

    No kidding, he just lied his ass off like he always does and the dickless MAGAT drones just slurped that jizz right up without ever stopping to think about how insanely fucking stupid the promis was to begin with…

    • @[email protected]
      link
      fedilink
      85 months ago

      Given how us dickless folks voted maybe that’s not the insult to use for those brainless jackasses

  • @[email protected]
    link
    fedilink
    English
    1595 months ago

    The only thing shocking here is that he’s openly admitting he won’t keep his promises.

    • IHeartBadCode
      link
      fedilink
      265 months ago

      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.

      • @[email protected]
        link
        fedilink
        55 months ago

        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 …

    • anon6789
      link
      fedilink
      85 months ago

      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!

  • @[email protected]
    link
    fedilink
    315 months ago

    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.

  • @[email protected]
    link
    fedilink
    85 months ago

    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)