{"id":11108,"date":"2025-11-09T16:40:40","date_gmt":"2025-11-09T16:40:40","guid":{"rendered":"https:\/\/albotips.com\/?p=11108"},"modified":"2025-11-09T16:40:40","modified_gmt":"2025-11-09T16:40:40","slug":"trump-risks-repeating-bidens-mistake-by-denying-inflation","status":"publish","type":"post","link":"https:\/\/albotips.com\/?p=11108","title":{"rendered":"Trump Risks Repeating Biden\u2019s Mistake by Denying Inflation"},"content":{"rendered":"<p data-start=\"97\" data-end=\"152\"><strong data-start=\"97\" data-end=\"152\">Trump Denies Inflation as Economic Concerns Persist<\/strong><\/p>\n<p data-start=\"154\" data-end=\"362\">President Donald Trump recently told CBS that \u201cwe don\u2019t have inflation\u201d and claimed \u201cfood prices are going down.\u201d He has made similar statements for months, urging the Federal Reserve to cut interest rates.<\/p>\n<p data-start=\"364\" data-end=\"611\">While inflation is far below its peak under Joe Biden, it hasn\u2019t vanished \u2014 the Consumer Price Index rose 3% in September, still above the Fed\u2019s 2% target. Analysts say Trump\u2019s denial risks repeating Biden\u2019s mistake of downplaying economic pain.<\/p>\n<p data-start=\"613\" data-end=\"881\">Polls show most Americans view the economy as unstable, with nearly 60% blaming Trump for higher costs. Despite solid growth, households face cumulative inflation: prices remain far higher than in 2021, costing the average family $208 more per month than a year ago.<\/p>\n<p data-start=\"883\" data-end=\"1095\">Fed Chair Jerome Powell noted that \u201cconsumers don\u2019t care about political narratives \u2014 prices are higher.\u201d Analysts warn that dismissing voters\u2019 lived experiences could politically backfire, as it did for Biden.<\/p>\n<p data-start=\"1097\" data-end=\"1391\">Trump\u2019s economic challenges extend beyond inflation. His trade policies and talk of weakening the U.S. dollar risk undermining its global dominance. Experts warn that reducing the dollar\u2019s role could raise U.S. borrowing costs, weaken economic influence, and erode its \u201cexorbitant privilege.\u201d<\/p>\n<p data-start=\"1393\" data-end=\"1538\">In short, Trump\u2019s denial of inflation and risky dollar policies may deepen public frustration and damage America\u2019s long-term economic standing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Denies Inflation as Economic Concerns Persist President Donald Trump recently told CBS that \u201cwe don\u2019t have inflation\u201d and claimed \u201cfood prices are going down.\u201d He has made similar statements for months, urging the Federal Reserve to cut interest rates. While inflation is far below its peak under Joe Biden, it hasn\u2019t vanished \u2014 the&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/albotips.com\/?p=11108\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Trump Risks Repeating Biden\u2019s Mistake by Denying Inflation&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":11109,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/posts\/11108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11108"}],"version-history":[{"count":1,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/posts\/11108\/revisions"}],"predecessor-version":[{"id":11110,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/posts\/11108\/revisions\/11110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/media\/11109"}],"wp:attachment":[{"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}