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.
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)