In a recent interview, Donald Trump pointed to Americans' frustration with rising grocery prices and inflation as key factors in his election win. Although he aims to address energy costs through executive orders, his primary focus remains immigration. Trump believes that he can indirectly lower inflation by tackling energy prices, despite acknowledging the limited power presidents have to control inflation without risking other economic impacts. He continues to blame President Biden for current price hikes, reflecting a strategy to maintain voter support amid economic challenges.
When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period of time...I won an election based on that.
I talked about inflation too, but how many times can you say that an apple has doubled in cost?
They all said inflation was the No. 1 issue. I said, 'I disagree.'
Presidents have almost no levers to reduce inflation quickly without causing collateral damage to other parts of the economy.
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