Trump voters growing impatient

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00:00Trump voters growing impatient.

00:03When President Donald Trump took office in January 2025,

00:07he made a clear economic pledge he would end inflation on day one

00:10and bring prices way down.

00:13Nearly a year later, inflation remains stubborn,

00:15and the promise of immediate affordability has not materialized,

00:19as everyday essentials still strain budgets.

00:22Despite Trump's public assurances, everyday price pressures remain.

00:26According to the latest Consumer Price Index,

00:28inflation is up 3.0% year-over-year,

00:32essentially unchanged from President Biden's final months.

00:35Food is up 3.1%, staples 2.7% versus roughly 1.8% in most of 2024,

00:42while shelter runs 5% to 6%, and gas shows no meaningful decline.

00:47Elevated food and housing costs mean holiday meals,

00:50and budgets feel the pressure.

00:52Spending on essentials like groceries and rent has not fallen sharply,

00:56counter to Trump's pledge of immediate relief.

00:59Energy, medical services, and transportation move unevenly,

01:02adding to overall burdens,

01:04while data show gradual shifts rather than dramatic declines.

01:08Trump's pledges created a strong expectation among supporters

01:11that rising prices would cease quickly.

01:14With inflation near a 3% annual pace,

01:17that expectation gap is fueling frustration,

01:20even among Republican-leaning voters,

01:22who say they are waiting for the relief we were promised.

01:24Economists cautioned that no president can erase inflation instantly,

01:29and Trump's pledge was a bold overreach.

01:32Supply chains, labor markets, housing supply, and global energy adjust slowly.

01:36Tariffs, a signature of Trump's trade policy,

01:39raise import costs and can push prices up.

01:42Federal Reserve officials, including Chair Jerome Powell,

01:45say tariff-related costs have helped keep inflation above the 2% target,

01:49even as other pressures moderate.

01:51Trump now says prices are too high,

01:54claims they are beginning to fall,

01:55and blames prior policies or global factors.

01:58But whether that satisfies voters is unclear.