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.
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