{"id":42704,"date":"2025-12-14T02:04:47","date_gmt":"2025-12-14T02:04:47","guid":{"rendered":"https:\/\/news.godj.com\/news\/trump-touts-upbeat-message-on-cost-of-living-as-americans-feel-the-pinch\/"},"modified":"2025-12-14T02:04:47","modified_gmt":"2025-12-14T02:04:47","slug":"trump-touts-upbeat-message-on-cost-of-living-as-americans-feel-the-pinch","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/trump-touts-upbeat-message-on-cost-of-living-as-americans-feel-the-pinch\/","title":{"rendered":"Trump touts upbeat message on cost of living as Americans feel the pinch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" id=\"\">\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" data-component=\"byline-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<div data-testid=\"byline-new\" class=\"sc-573fa0e8-0 bWRWzH\"><span data-testid=\"byline-new-contributors\" class=\"sc-573fa0e8-11 cOQNNv\"><\/p>\n<p><span class=\"sc-573fa0e8-7 kdBCdE\">Danielle Kaye<\/span><span class=\"sc-573fa0e8-9 keGieE\">and<\/span><\/p>\n<p><span class=\"sc-573fa0e8-7 kdBCdE\">Natalie Sherman<\/span><\/p>\n<p><\/span><\/div>\n<\/div>\n<p><figcaption class=\"sc-536eff7b-0 gnQokQ\">Watch: Trump claims &#8220;prices are coming down&#8221; at a rally in Pennsylvania<\/figcaption><\/p>\n<div data-component=\"text-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<p class=\"sc-9a00e533-0 eZyhnA\">President Donald Trump has told a campaign-style rally that consumer prices are falling &#8220;tremendously&#8221;, as he seeks to allay voter anxiety about the cost of living in the US.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">In a speech at a casino in the battleground state of Pennsylvania on Tuesday, the president told supporters he had &#8220;no higher priority than making America affordable again&#8221;. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">But while fuel and egg prices have fallen, other food is more expensive and Americans remain unhappy about the cost of housing, childcare and healthcare.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Democrats have capitalised on Trump&#8217;s vulnerability on the economy in recent state and city elections, leaving many Republicans uneasy about next year&#8217;s midterm elections. <\/p>\n<\/div>\n<div data-component=\"text-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<p class=\"sc-9a00e533-0 eZyhnA\">Tuesday&#8217;s event in a swing district of Pennsylvania was the first of what the White House said would be a series of rallies aimed at bringing its economic message to voters.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">But at one point in his remarks, the Republican president again portrayed concerns about affordability as a Democratic &#8220;hoax&#8221;.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The White House blames the former president, Joe Biden, and US central bank interest rates for the lingering economic pain.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The Federal Reserve has twice reduced rates, leaving them at about 3.9%, and financial markets expect the bank to cut them further later on Wednesday. Inflation, however, remains above the Fed&#8217;s 2% target at 3%.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">In recent weeks, Trump&#8217;s administration has removed tariffs from dozens of food products and touted its rollback of fuel efficiency standards and Trump-branded retirement accounts for children as cost-of-living fixes. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">In an excerpt from an interview with Politico released on Tuesday, Trump was asked what grade he would give the economy.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;A plus-plus-plus-plus-plus,&#8221; he said.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">In a sign the policy pivot might be cutting through, Trump&#8217;s approval rating rose three points to 41% in a new Reuters\/Ipsos poll.<\/p>\n<\/div>\n<figure>\n<div data-component=\"image-block\" class=\"sc-3b6b161a-0 gXrNRM\">\n<div data-testid=\"image\" class=\"sc-5340b511-1 cMIbKV\"><img decoding=\"async\" sizes=\"(min-width: 1280px) 50vw, (min-width: 1008px) 66vw, 96vw\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 240w,https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 320w,https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 480w,https:\/\/ichef.bbci.co.uk\/news\/640\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 640w,https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 800w,https:\/\/ichef.bbci.co.uk\/news\/1024\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 1024w,https:\/\/ichef.bbci.co.uk\/news\/1536\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp 1536w\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/eca0\/live\/d37c72d0-d54a-11f0-adc7-e9eaf26af416.jpg.webp\" loading=\"eager\" alt=\"Charlie Neuenschwander Alaina Hunt\" class=\"sc-5340b511-0 hLdNfA\"\/><span class=\"sc-5340b511-2 jVqbAn\">Charlie Neuenschwander<\/span><\/div>\n<\/div>\n<p><figcaption class=\"sc-536eff7b-0 gnQokQ\">Alaina Hunt was laid in off in April<\/figcaption><\/p>\n<\/figure>\n<div data-component=\"text-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<p class=\"sc-9a00e533-0 eZyhnA\">But many Americans remain downbeat over the economy.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Alaina Hunt, 37, told the BBC she lost her job in April as a designer at a construction company in Oklahoma City, partly because of Trump&#8217;s tariffs on steel and aluminium.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The construction sector &#8220;really took a hard hit very early on&#8221;, she said, adding that she had applied for at least 75 jobs to no avail.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">She said that rising grocery bills &#8211; about $25 extra per week &#8211; had added to the strain.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;I was able to scrape by a lot easier in years before,&#8221; said Ms Hunt, who voted for Democrat Kamala Harris in 2024. &#8220;I don&#8217;t think that the federal government is listening at all.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Pennsylvania Governor Josh Shapiro, a Democrat, was sceptical of Trump&#8217;s messaging on the economy. He told CBS News that the president&#8217;s view &#8220;does not reflect the reality on the ground here in a community where many Pennsylvanians voted for him in the last election&#8221;.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Citing issues such such as trade tariffs, Shapiro continued: &#8220;The record is clear: his policies have hurt the very communities that propelled him to the White House.&#8221;<\/p>\n<\/div>\n<figure>\n<div data-component=\"image-block\" class=\"sc-3b6b161a-0 GunZh\">\n<div data-testid=\"image\" class=\"sc-5340b511-1 cMIbKV\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20251203-121739-f954f14c69-web-2.35.1-2\/grey-placeholder.png\" class=\"sc-5340b511-0 gUePlo hide-when-no-script\" aria-label=\"image unavailable\"\/><img decoding=\"async\" sizes=\"(min-width: 1280px) 50vw, (min-width: 1008px) 66vw, 96vw\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 240w,https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 320w,https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 480w,https:\/\/ichef.bbci.co.uk\/news\/640\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 640w,https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 800w,https:\/\/ichef.bbci.co.uk\/news\/1024\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 1024w,https:\/\/ichef.bbci.co.uk\/news\/1536\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp 1536w\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/f40a\/live\/1247d4c0-d576-11f0-a892-01d657345866.png.webp\" loading=\"lazy\" alt=\"US inflation\" class=\"sc-5340b511-0 hLdNfA\"\/><\/div>\n<\/div>\n<\/figure>\n<div data-component=\"text-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<p class=\"sc-9a00e533-0 eZyhnA\">The economic data itself paints a mixed picture. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">US consumer confidence fell in November to its lowest level since the spring.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">But the stock market continues to hover near record highs. And forecasters expect the economy to expand by 1.9% this year, slower than last year&#8217;s 2.8% but still better than expected.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Some recent data also indicates the job market may be picking up, after a significant hiring slowdown earlier this year. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">At the rally, Trump said &#8220;prices are coming down tremendously from the highest prices in the history of our country.&#8221; <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">But prices are not falling &#8211; which is disinflation &#8211; rather, prices are rising at a slower rate.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">As of September, inflation stood at 3%, the same rate as in January when the president took office and stubbornly above the Federal Reserve&#8217;s 2% target.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">It is still way below a peak of 9.1% under former President Joe Biden when the US faced its worst inflation in four decades.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Overall prices have surged 25% over the last five years, generating widespread frustration, despite wage growth over that period.<\/p>\n<\/div>\n<figure>\n<div data-component=\"image-block\" class=\"sc-3b6b161a-0 gXrNRM\">\n<div data-testid=\"image\" class=\"sc-5340b511-1 cMIbKV\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20251203-121739-f954f14c69-web-2.35.1-2\/grey-placeholder.png\" class=\"sc-5340b511-0 gUePlo hide-when-no-script\" aria-label=\"image unavailable\"\/><img decoding=\"async\" sizes=\"(min-width: 1280px) 50vw, (min-width: 1008px) 66vw, 96vw\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 240w,https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 320w,https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 480w,https:\/\/ichef.bbci.co.uk\/news\/640\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 640w,https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 800w,https:\/\/ichef.bbci.co.uk\/news\/1024\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 1024w,https:\/\/ichef.bbci.co.uk\/news\/1536\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp 1536w\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/809b\/live\/a7e5f5c0-d549-11f0-adc7-e9eaf26af416.jpg.webp\" loading=\"lazy\" alt=\"Beth Richardson Beth Richardson\" class=\"sc-5340b511-0 hLdNfA\"\/><span class=\"sc-5340b511-2 jVqbAn\">Beth Richardson<\/span><\/div>\n<\/div>\n<p><figcaption class=\"sc-536eff7b-0 gnQokQ\">Beth Richardson<\/figcaption><\/p>\n<\/figure>\n<div data-component=\"text-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<p class=\"sc-9a00e533-0 eZyhnA\">Beth Richardson, a 45-year-old from Kansas, said she had been floored by some of the prices at the grocery store near her, recalling a pack of Mentos gum she picked up recently that rang up to almost $5 with tax.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;I&#8217;m like, I&#8217;m just going to go die now because this cannot be,&#8221; she said.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Ms Richardson was laid off from her job in sales support at a tech-related company in late 2023, after the firm shifted jobs overseas. She voted for Kamala Harris last year. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">She said while she knew presidents were often blamed for economic forces over which they had little control, she felt in this case Trump and his policies, like tariffs, were &#8220;shooting ourselves in the foot&#8221;.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">On Tuesday night, Trump called tariffs his &#8220;favourite word&#8221;, pointing to hundreds of billions of dollars of US revenue from the import taxes.<\/p>\n<\/div>\n<div data-component=\"text-block\" class=\"sc-3b6b161a-0 dPVOKT\">\n<p class=\"sc-9a00e533-0 eZyhnA\">Many Trump supporters have said they still support the president, despite feeling the pinch themselves.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">John Mohring, 60, a widower and construction worker from Kenosha, Wisconsin, has backed Trump since 2016. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">He said grocery prices started rising before Trump returned to the White House &#8220;and it doesn&#8217;t seem like it&#8217;s going down&#8221;. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">He now typically spends $100 on groceries just for himself, even when avoiding buying meat and sticking with cheaper items.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Still, Mr Mohring said he backed the Trump administration&#8217;s sweeping tariffs on imported goods and his border policies. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;I&#8217;m giving him the benefit of the doubt,&#8221; Mr Mohring added. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Brad Smith, a corn and soybean farmer in north-western Illinois, was hurt earlier this year when China, previously a major buyer of US soybeans, froze its purchases amid a trade war with Washington. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">But the market, he said, had been gradually recovering since late October, when the two countries reached a deal and China resumed some purchases.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Trump on Monday also announced a $12bn aid package for US farmers.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Mr Smith said he still believed in Trump&#8217;s plans for the economy, despite being getting caught in the crossfire. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;There&#8217;s probably bigger things at play other than just the soybean and corn market,&#8221; Mr Smith said. <\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;The whole America First idea is good.&#8221;<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/ckgl63lrpkmo?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Danielle Kayeand Natalie Sherman Watch: Trump claims &#8220;prices are coming down&#8221; at a rally in Pennsylvania President Donald Trump has told a campaign-style rally that consumer prices are falling &#8220;tremendously&#8221;, as he seeks to allay voter anxiety about the cost of living in the US. In a speech at a casino in the battleground state [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[3247,821,3135,642,509,3136,7168,494,12952],"class_list":["post-42704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-americans","tag-cost","tag-feel","tag-living","tag-message","tag-pinch","tag-touts","tag-trump","tag-upbeat"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/42704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=42704"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/42704\/revisions"}],"predecessor-version":[{"id":42706,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/42704\/revisions\/42706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/42705"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=42704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=42704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=42704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}