TRUMP, INFLATION, AND ‘DAY ONE’
Byron York, Washington Examiner
Hi friends,
Byron York of the Washington Examiner is one of my favorite reads.
His article today is Trump, Inflation, and ‘Day One.’ Here is an excerpt:
High prices became the top issue in the 2024 presidential campaign. On the stump, then-candidate Donald Trump made many variations of the promise, “Starting on Day One, we will end inflation and make America affordable again.”
What did Trump mean by that? He certainly meant that he would make inflation a top priority and that he would work on it from his first day in office. Did he mean that he would literally end inflation altogether in his first hours in office — that is, inflation would go from 3% on Jan. 20, Inauguration Day, to 0% on Jan. 21?
Obviously not, but that hasn’t stopped Trump’s Democratic and media critics from holding him to a 24-hour standard. “He [Trump] said, ‘When I win, I will immediately bring prices down, starting on Day One,'” said Senate Minority Leader Chuck Schumer (D-NY) on Wednesday. “Well, today is Day 23, and prices are up 3%. Let me reiterate: Donald Trump said during his campaign that prices would come down on Day One. It is Day 23 and prices are up 3%.”
Schumer’s standard is self-evidently ridiculous. For one thing, the new inflation numbers cover the 31 days of January, of which Trump was president for 10 1/2 days and Biden the rest. And even if Trump had been president the entire time, as he will be for the months ahead, such a pronouncement would still be absurd. But Schumer, whose party did so much to fuel inflation, must be delighted to have someone else to blame. Multiply that by the entire Democratic Party and much of the media and you get a sense of today’s discussion.
So here is the question: The inflation we are seeing now is obviously the work of Biden and his Democratic allies. But when will Trump deserve credit or blame for his efforts to lower it?
So much fake angst. Drama to the nth degree.
God bless you, God bless President Trump and team, and God bless America!
Stay calm - President Trump is a businessman who operates strategically, and not everything will make sense at first. His plan to shrink government and Make America Great Again is a process, not an overnight fix. Trust the long game, not just the headlines.
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