Trump's affordability message keeps running into trouble
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Trump's affordability message keeps running into trouble
"This comes after Agriculture Secretary Brooke Rollins suggested Americans could get a $3 meal consisting of a piece of chicken, a piece of broccoli, a tortilla and "one other thing." She later clarified that was not what she meant, and a new simulation indicated three full meals would cost about $15.64. That's about $460 a month - though SNAP benefits, which continue to be restricted, total about $300 on average."
"Yes, but: Income levels, commodity prices, corporate profits, productivity, consumption, supply, demand, and a laundry list of other factors impact the price of food. Washington may not be able to control all of those factors, but that won't stop voters from wanting to see their politicians try. What we're watching: Trump is expected to deliver a message about affordability Wednesday from Davos, the largest public annual gathering of the wealthiest people in the world."
President Trump said "we're not getting it across" when reporters raised concerns about the administration's affordability message. Treasury Secretary Scott Bessent referenced retirees owning "10 or 12 homes" while responding to a question about banning institutional investors from buying single-family homes. Agriculture Secretary Brooke Rollins suggested Americans could get a $3 meal, later clarified, and a simulation estimated three full meals would cost about $15.64, roughly $460 per month versus about $300 in average SNAP benefits. A CBS News/YouGov poll found 74% say the White House is not doing enough on prices, 76% report wages lagging inflation, and 44% say policies made them worse off.
Read at Axios
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