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submitted 2 days ago by MicroWave@lemmy.world to c/news@lemmy.world

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.

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[-] hemmes@lemmy.world 5 points 2 days ago* (last edited 2 days ago)

Please respond to this comment when you get your answer. I too am interested. I hope I'm wrong to be honest

I've been unfortunately correct before about this bullsit tho.

https://lemmy.world/comment/13237817

this post was submitted on 12 Dec 2024
736 points (98.9% liked)

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