Trump Already COLLAPSING As Brutal Inflation Lies Blow Up In His Face
December 13, 2024
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8:03Now PlayingTrump Already COLLAPSING As Brutal Inflation Lies Blow Up In His Face
YouTube Description
as posted by the channelDonald Trump is already walking back his core campaign promises before he enters the presidential office, admitting he has no idea if he can reduce consumer prices and curb inflation during interview with Time Magazine. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices
"President-elect Donald Trump admitted in an interview with Time magazine that it will be difficult for him to reduce consumer prices, contrary to statements he made on the campaign trail this year.
Trump told Time in an hourlong interview for its “Person of the Year” feature that his presidency wouldn’t be a failure if he failed to bring the price of groceries down.
“I’d like to bring them down. It’s hard to bring things down once they’re up. You know, it’s very hard. But I think that they will,” Trump said, according to the transcript.
Trump is right that it’s very hard to achieve across-the-board price reductions. Curbing inflation is only a matter of slowing the rate of price increases — actual economy-wide price drops typically don’t happen outside of a massive economic downturn."
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