Does Trump Know The Price Of Milk?
“From the day I take the oath of office, we’ll rapidly drive prices down & make America affordable again,” #Trump promised last summer as he ran for president. “Prices will come down. You just watch. They’ll come down fast.”
#Prices have not come down. 10 months after Trump took office, prices are still climbing. #Groceries are MORE expensive. #Electricity bills have spiked. It costs more to buy a new #car.
#economy
https://www.nytimes.com/2025/11/21/opinion/trump-prices-affordability-promises-inflation.html?unlocked_article_code=1.208.t9KN.ecs_dFZ9Xw-d&smid=nytcore-ios-share
The annual rate of #inflation was 3% in Sept—almost exactly the same as it was on Inauguration Day.
Trump’s failure was predictable. #Prices almost never fall across the entire #economy. When they do, it tends to be because of a crisis, such as the #GreatDepression. Trump is responsible for misleading people. But he has not merely failed to keep an impossible promise. Trump has pursued policies, starting with #tariffs, that are making the problem worse by making life in the #US less #affordable.