President Trump railed against critics of his work on affordability, blaming his predecessor for high prices.
“Why would Fox and Friends Weekend (of all things?) put on a ‘Stockbroker’ named Peter Schiff, a Trump hating loser who has already proven to be wrong,” Mr. Trump wrote on Truth Social.
“Either the show made a mistake, or it is heading in a different direction. He thinks prices are going up when, in fact, they are coming substantially down. Gasoline hit $1.99 a gallon yesterday, in certain states, and is down BIG since Biden.
“Other prices are almost all down. Biden caused the AFFORDABILITY CRISIS, I’M FIXING IT, along with everything else! Much of it, like the Border, is already fixed. Check out the ’booker’ who put this jerk on!”
The political world has been full of talk about what the Democrats call an “affordability crisis.”
Mr. Trump said during his campaign that he would get costs down and blamed former President Biden for four years of raging inflation.
This week, Mr. Trump said he’s sick of hearing Democrats talk about “affordability.”
“The word ‘affordability’ is a con job by the Democrats,” he said. “Affordability. They just say the word. It doesn’t mean anything to anybody.”
He said the tax cuts, deregulation and tariffs he’s been working on will continue to fix the economy.
He has repeatedly brought up egg prices that have come down and has railed against Federal Reserve Chair Jerome Powell for not lowering interest rates to help homebuyers.
The president is eager to replace Mr. Powell, whose term ends in May.
“We’ll be announcing somebody probably early next year for the new chairman of the Fed,” Mr. Trump said at Tuesday’s Cabinet meeting.
Treasury Secretary Scott Bessent said last month that the president will win the “affordability” battle in the 2026 midterm elections.
Democrats won in several elections last month while focusing on affordability.
“We inherited an affordability crisis,” Mr. Bessent said after the elections. “We have slowed the price increases down, and they are going to continue to go down. Real wages will go up, and that will address the affordability issue.”
