Feb 27 • 11:00 UTC 🇬🇧 UK Guardian

Trump says affordability crisis is over. Voters and data disagree

Donald Trump claims the affordability crisis is over, but polling data indicates that voters still feel the pressure of rising living costs.

In his recent state of the union address, President Donald Trump declared that the affordability crisis facing Americans is over, attributing previous inflationary pressures to what he termed the 'dirty, rotten' lies of the Democrats. Trump asserted that prices are 'plummeting downward' and promised dramatic improvements in economic statistics that would astonish voters in the near future. This statement, however, clashes with the realities faced by many Americans who are struggling with the high cost of living.

Despite Trump's optimistic claims, numerous polls reveal that the majority of voters continue to perceive affordability as a significant concern. While there was a slight decrease in the overall inflation rate from 2.7% to 2.4% in January compared to the previous year, this drop is insufficient to alleviate consumers' anxiety surrounding rising prices, which have been exacerbated by Trump's own trade policies. The president’s assertion that his administration would resolve these financial issues from 'day one' remains largely unfulfilled, creating a disconnect between his positive declarations and the lived experiences of many citizens.

As the 2024 election approaches, Trump’s messaging on the economy will be crucial in determining voter sentiment. His administration’s track record on managing inflation and affordability will likely be a focal point in campaign conversations. While he seeks to frame the narrative around recovering prices and economic stability, the prevailing skepticism among voters could pose a challenge as they grapple with the ongoing effects of inflation on their everyday lives.

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