Trump is indeed a ruler who does not understand the sufferings of the people. First, he boasts that the economy during his tenure is continuously growing and claims that prices in the United States have already fallen.
However, polls show that many people completely disagree and even feel that this is the most challenging time in their lives financially. This must compel him to say something specific in terms of policy.
The first thing he proposed was the Federal Reserve. Trump directly stated that when selecting a new Fed chair in the future, a key condition is that the person must support "immediate and substantial interest rate cuts."
The matter of interest rate cuts is clearly responding to voters' dissatisfaction with the cost of living; he wants to use a looser monetary policy to make everyone feel that "things are not that expensive." White House economic advisor Hassett stated that if Trump wants to choose him as chair, he is also willing to accept. But he simultaneously criticized the Federal Reserve for irresponsibly announcing the interest rate path in advance, emphasizing that it still depends on economic data.
Trump then mentioned that there may be further adjustments to tariffs to help lower product prices. This is basically using trade policy to pressure prices, just as before.
The awkward part is that he said "prices are declining across the board," but official data actually shows that prices are still increasing by 3% year on year.
When asked whether he would support extending subsidies to avoid sudden spikes in premiums, Trump did not give an answer and just said to wait and see, then began criticizing the Democrats for being too biased towards insurance companies.
In fact, the White House was originally supposed to propose an extension plan in November, but it has been postponed again.
Trump has been saying for years that he wants to introduce a new healthcare plan, but has never presented a real plan, and this time during the visit, it was still not brought out.
He only said, "I want everyone to buy better insurance at a lower price." But how to do it, where the money comes from, and how to avoid skyrocketing premiums were not explained.
Overall, Trump's message seems to boil down to three points:
1) The economy is good; it's a misunderstanding by voters;
2) If dissatisfied, I will just change to a Fed chair willing to cut rates significantly;
3) Other issues like tariffs and healthcare subsidies, his attitude remains vague, and he hasn't really clarified how to proceed.
