Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices [View all]
Source: Huff Post/MSN
12h
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.
"It's hard to bring things down once they're up," Trump told Time in an hourlong interview for its "Person of the Year" feature. "You know, it's very hard."
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"We will end inflation and make America affordable again, and we're going to get the prices down, we have to get them down," Trump said at a rally in September. "It's too much. Groceries, cars, everything. We're going to get the prices down."
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Trump also specifically promised to get gas prices down: "I will cut your energy prices in half within 12 months."
Read more: https://www.msn.com/en-us/news/politics/trump-backtracks-on-campaign-pledge-to-bring-down-grocery-prices/ar-AA1vKkEM
There are many more ludicrous claims he's made about prices in the article.
Trump never outlined a clear plan to reduce prices. His signature economic policy proposal during the campaign was to impose tariffs ... something economists said was more likely to spike prices...
“I can’t guarantee anything. I can’t guarantee tomorrow,” he told NBC News’ Kristen Welker on “Meet The Press” on Sunday.
Similar backtracking on his promises that tariffs wouldn't boost prices...
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