CounterPunch Exclusives

CounterPunch Exclusives

Trump’s Confused, Again: He’s Bringing Prices Up

We know Donald Trump gets easily confused. During his campaign, he repeatedly insisted that he would keep us out of a war in Iran. Now, after being in office less than 14 months, he started an unprovoked war in Iran. Trump obviously couldn’t remember whether he was supposed to avoid a war in the Middle East or start one.

It seems he is facing the same problem when it comes to inflation and prices. He promised to bring prices down on the first day of his presidency. While inflation had been falling to the Fed’s 2.0 percent inflation target before Trump was elected, it is now close to 3.0 percent and looks to be heading higher, and that was even before the impact of his war against Iran.

We got the latest news on this front yesterday when........

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