{"id":11230,"date":"2025-11-10T22:04:51","date_gmt":"2025-11-10T22:04:51","guid":{"rendered":"https:\/\/albotips.com\/?p=11230"},"modified":"2025-11-10T22:04:51","modified_gmt":"2025-11-10T22:04:51","slug":"trump-risks-repeating-bidens-mistake-by-denying-inflation-2","status":"publish","type":"post","link":"https:\/\/albotips.com\/?p=11230","title":{"rendered":"Trump Risks Repeating Biden\u2019s Mistake by Denying Inflation"},"content":{"rendered":"<p data-start=\"89\" data-end=\"143\"><strong data-start=\"89\" data-end=\"143\">Trump Denies Inflation as Americans Feel the Pinch<\/strong><\/p>\n<p data-start=\"145\" data-end=\"327\">\u201cWe don\u2019t have inflation,\u201d President Donald Trump told CBS, claiming food prices are falling. It\u2019s a message he\u2019s repeated for months while urging the Federal Reserve to cut rates.<\/p>\n<p data-start=\"329\" data-end=\"592\">Official data tells a different story: September\u2019s Consumer Price Index rose 3% year over year \u2014 well below the peak under former President Joe Biden but still above the Fed\u2019s 2% goal. Inflation eased early in the year but picked up again due to higher tariffs.<\/p>\n<p data-start=\"594\" data-end=\"810\">Polls show most Americans remain uneasy. CNN found 72% say the economy feels unstable, and 60% blame Trump for current inflation levels. Analysts warn he risks repeating Biden\u2019s mistake of minimizing economic pain.<\/p>\n<p data-start=\"812\" data-end=\"977\">In 2022, Biden downplayed soaring prices by focusing on growth \u2014 a move many believe cost Democrats politically. Though inflation later slowed, prices stayed high.<\/p>\n<p data-start=\"979\" data-end=\"1158\">Trump now faces similar backlash. While Biden acknowledged rising costs, Trump denies inflation exists, a stance that alienates voters facing high grocery, gas, and rent prices.<\/p>\n<p data-start=\"1160\" data-end=\"1320\">Companies like Chipotle and Coca-Cola report lower spending among middle- and low-income consumers, and late payments are rising despite solid overall growth.<\/p>\n<p data-start=\"1322\" data-end=\"1454\">Moody\u2019s Analytics estimates the average household now spends $208 more per month than a year ago \u2014 $1,043 more than in early 2021.<\/p>\n<p data-start=\"1456\" data-end=\"1649\">After a recent Fed rate cut, Chair Jerome Powell said consumers \u201cdon\u2019t care about political narratives\u201d \u2014 they just see higher costs. \u201cInflation\u2019s slower, but prices are still high,\u201d he said.<\/p>\n<p data-start=\"1651\" data-end=\"1774\">Democratic strategist David Plouffe summed it up: \u201cNever tell people what they\u2019re seeing with their own eyes isn\u2019t real.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Denies Inflation as Americans Feel the Pinch \u201cWe don\u2019t have inflation,\u201d President Donald Trump told CBS, claiming food prices are falling. It\u2019s a message he\u2019s repeated for months while urging the Federal Reserve to cut rates. Official data tells a different story: September\u2019s Consumer Price Index rose 3% year over year \u2014 well below&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/albotips.com\/?p=11230\" 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":11231,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11230","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\/11230","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=11230"}],"version-history":[{"count":1,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/posts\/11230\/revisions"}],"predecessor-version":[{"id":11232,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/posts\/11230\/revisions\/11232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=\/wp\/v2\/media\/11231"}],"wp:attachment":[{"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/albotips.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}