"the president strayed from that focus, roaming from Arctic defense to the Minnesota fraud scandal to the policies of "Sleepy" Joe Biden. When he returned to the topic of affordability, he claimed that grocery prices are "going down" ( they're not) and that drug prices have declined by "2,000 percent" ( they haven't). Although Trump campaigned on the economy, weak polling has recently spurred new plans to make life in America more affordable."
"At one point, Trump plugged a plan to curb predatory lending practices by capping credit-card interest rates at 10 percent-but the deadline (proposed on Truth Social) for the policy to go into effect had passed the day before.Trump also used his speech to promote his plan to lower housing costs, which he recently unveiled in an executive order. The policy is aimed at preventing corporations from buying up single-family homes, and has bipartisan support."
Donald Trump delivered an 80-minute Davos address that wandered across many topics rather than focusing on affordability. He referenced Arctic defense, the Minnesota fraud scandal, and criticized Joe Biden’s policies. He made inaccurate claims about grocery prices "going down" and drug prices falling by "2,000 percent." He promoted capping credit-card interest at 10 percent despite a proposed deadline having passed and highlighted an executive-order housing plan to block corporations from buying single-family homes, a proposal with bipartisan support. He also emphasized recent foreign-policy actions including matters involving Nicolás Maduro, Iran, Greenland, and tariff threats that could affect American costs.
Read at The Atlantic
Unable to calculate read time
Collection
[
|
...
]