Trump Misses 5 of 8 Price-Cut Pledges Nearly 2 Years Into Term
Updated
Updated · The Washington Post · Sep 7
Trump Misses 5 of 8 Price-Cut Pledges Nearly 2 Years Into Term
2 articles · Updated · The Washington Post · Sep 7
Summary
Five of the eight costs Donald Trump vowed in 2024 to cut are higher than when he began his second term, undercutting a central promise to lower living costs.
Inflation jumped earlier this year as the Iran war lifted gasoline and other essential prices, and even after summer easing, wage gains have been wiped out by higher costs.
The White House argues more relief is still coming, pointing to lower prices for prescription drugs, eggs and some other household essentials as evidence Trump's agenda is working.
The gap between Trump's pledges and current prices is becoming a midterm campaign issue, with polls showing voters remain focused on the economy, inflation and stagnant wages.