Donald Trump’s Anti-Inflation Plan Risks Spurring Even More Price Hikes
- Economists warn on recipe of lower taxes, higher tariffs
- Immigration curbs would impede US labor-market expansion
Donald Trump at the Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin on July 16.
Photographer: Win McNamee/Getty ImagesThis article is for subscribers only.
Speaker after speaker at the Republican National Convention this week has laid the blame for high inflation with the Biden administration.
Virginia Governor Glenn Youngkin denounced “the silent thief of inflation unleashed by Joe Biden and Kamala Harris.” Florida Senator Rick Scott highlighted that under Donald Trump “inflation and mortgage rates were low.” But now, South Carolina Senator Tim Scott said, “inflation is crushing families.”