{"id":122921,"date":"2024-11-07T02:21:47","date_gmt":"2024-11-06T19:21:47","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=122921"},"modified":"2024-11-07T02:21:47","modified_gmt":"2024-11-06T19:21:47","slug":"trumps-economic-plans-could-worsen-inflation-economists-say","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=122921","title":{"rendered":"Trump\u2019s Economic Plans Could Worsen Inflation, Economists Say"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Americans have been chafing against higher prices for years now, propelling unhappy voters to the polls and helping to deliver the White House to the Republican candidate, Donald J. Trump.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But how Mr. Trump\u2019s policies would help on costs is unclear. And in fact, many economists have warned that his proposals could instead make inflation worse.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Inflation measures how much prices are rising over a given period, usually a year. It picked up sharply starting in 2022 and remained rapid in 2023. While prices are no longer climbing as quickly, those two years of rapid increase have left costs for many common purchases \u2014 from <a class=\"css-yywogo\" href=\"https:\/\/fred.stlouisfed.org\/series\/APU0000708111\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">eggs<\/a> to <a class=\"css-yywogo\" href=\"https:\/\/fred.stlouisfed.org\/series\/CUSR0000SEHA\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">apartments<\/a> and <a class=\"css-yywogo\" href=\"https:\/\/fred.stlouisfed.org\/series\/CUSR0000SEFV\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">restaurant<\/a> meals \u2014 notably more expensive than consumers remember them being as recently as 2019 or 2020.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">For months, that has weighed on consumer confidence and caused many voters to give the nation\u2019s economic performance poor marks, even though the unemployment rate is very low and companies have been hiring.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Voters regularly cited the economy as a top concern in polls headed into the election, and they often suggested that they thought Mr. Trump would do a better job in managing it. While the economic perception gap between Mr. Trump and Vice President Kamala Harris, the democratic candidate, closed somewhat over time, it <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/10\/30\/us\/elections\/trump-harris-economy-poll.html\" title=\"\">never fully faded<\/a>.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">While rapid inflation had been a global trend, Mr. Trump regularly pinned the blame for it on the Biden administration. And exit polls <a class=\"css-yywogo\" href=\"https:\/\/www.nbcnews.com\/politics\/2024-elections\/exit-polls\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">suggested that<\/a> voters were indeed worried about the economy as they headed out to vote. Roughly three in four voters said that inflation had caused their families hardship over the past year.<\/p>\n<div class=\"css-1336jj\">\n<div class=\"css-121kum4\">\n<div class=\"css-asuuk5\"><noscript><\/p>\n<div class=\"css-7axq9l\" data-testid=\"optimistic-truncator-noscript\"><svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" aria-hidden=\"true\" class=\"css-1b5b8u1\"><path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M2.5 12a9.5 9.5 0 1 1 19 0 9.5 9.5 0 0 1-19 0Zm8.5 1.75v-7.5h2v7.5h-2Zm0 2v2h2v-2h-2Z\" clip-rule=\"evenodd\"\/><\/svg><\/p>\n<div data-testid=\"optimistic-truncator-noscript-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">We are having trouble retrieving the article content.<\/p>\n<p class=\"css-3kpklk\">Please enable JavaScript in your browser settings.<\/p>\n<\/div>\n<\/div>\n<p><\/noscript><\/p>\n<div class=\"css-1dv1kvn\" id=\"optimistic-truncator-a11y\" tabindex=\"-1\">\n<hr\/>\n<p>Thank you for your patience while we verify access. 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Trump. &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=122921\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-122921","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122921"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122921\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}