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Saturday, November 16, 2024

Get Ready for Higher Food Prices (shared)

Trump vowed to lower food prices. His policies will almost certainly do the opposite.

When Americans went to the polls last week, they wanted cheaper food. Groceries really are more expensive than they used to be, and grocery costs are how many Americans make sense of the state of the economy at large. In September, Pew Research Center reported that three-quarters of Americans were “very concerned” about them. And this month, many of those people voted for Donald Trump, the candidate who touted his distance from the economic policy of the last four years, and who promised repeatedly to lower prices.

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