All posts tagged "Grocery Prices"

Economic analysts tore into Trump's idea for lowering grocery prices Tuesday, saying it won't work — and will cause more harm than good, according to a new report.

"The president declared that he was taking 'a very historic action to substantially lower costs for consumers,'" MS NOW political contributor Steve Benen wrote, referring to Trump's comments at a May 21 event.

"I have bad news for those who believed him." ...

A CNN fact-checker on Tuesday called out President Donald Trump's rambling speech for its 'litany of lies."

Daniel Dale described how several points that Trump made during his nearly two-hour-long press conference on the first anniversary of the inauguration of his second term were hard to keep up with — and that each topic the president attempted to hit was full of confusing comments and misinformation.

"There are just so many. I'm struggling to keep track of it," Dale said. "You know, $18 trillion in investment in the U.S., that's a fictional figure, 600% reduction in prescription drug prices. That's a fictional figure. 'I ended eight unknowable wars.' Eight is a fictional figure. 'We inherited inflation at a historic high.' No. He inherited a 3% inflation just a little bit above where it is now, although it did hit about a 40-year high in June 2022, more than two years before he returned to office."...