During a rally last Saturday in Las Vegas, President Donald Trump delivered strong criticism of his Democratic predecessor, holding him responsible for the rise in prices during his administration. In an energetic and direct tone, he promised that his administration would quickly address the issue of inflation, one of the main concerns of Americans.

“When I think of Biden, I think of incompetence and inflation,” Trump declared to a crowd of supporters gathered to hear him speak. These words resonated strongly, as the issue of rising prices remains a central topic in political debate.

The Impact of Inflation in Recent Years

Inflation reached its highest level in decades in June 2022, hitting an annual increase of 9.1%. This spike was tied to global supply chain issues following the economic disruptions caused by the COVID-19 pandemic. Although consumer prices have generally trended downward since then, the last months of 2023 showed a resurgence. According to the latest data, inflation rose from 2.4% in September to 2.9% in December, raising concerns about its persistence.

Trump used the rally as an opportunity to highlight these figures as a reflection of his predecessor’s failed policies. However, he also acknowledged that reversing these trends will take time and effort. “Prices are going to come down, but it’s going to take a little time,” he assured. To emphasize his point, he added, “Rome wasn’t built in a day.”

Trump’s Economic Approach and Economists’ Warnings

During his speech, Trump also discussed his economic proposals, including implementing new tariffs and tax cuts. According to him, these measures are designed to stimulate the economy and ease the financial burden on citizens. However, not all experts agree with his perspective.

Several economists have warned that Trump’s plans could have unintended consequences. For instance, tariffs could raise import costs, which in turn might create additional inflationary pressures. Similarly, tax cuts could keep interest rates elevated, a critical factor affecting both consumers and businesses.

Promises of Change and Optimism

Despite the criticism, Trump remained optimistic about his ability to tackle these challenges. He emphasized that his administration would focus on crafting policies to lower the cost of living and restore Americans’ purchasing power.

With bold statements and a confident stance, Trump made it clear that the economy will be a top priority during his administration. While he acknowledged that change will not happen overnight, he expressed confidence that his policies will yield positive results over time.

The rally in Las Vegas served not only as a platform to criticize his predecessor but also to outline his economic vision for the future. With promises to address inflation and revitalize the economy, Trump aims to solidify voter support at a critical time for the country.