‘Fake news’: Trump rips journalist over reports of high cost of living

President Trump Challenges Media Narrative on Rising Prices
During a recent interaction with the press, President Trump countered a reporter’s claims regarding the increasing cost of living for Americans. He highlighted significant reductions in essential items such as gas and groceries, contradicting the mainstream media’s portrayal.
Gas Prices Show Remarkable Decrease
President Trump pointed out that, contrary to the grim picture painted by some reporters, gas prices have actually decreased significantly in various states. He specifically noted that in some areas, the price per gallon had dropped to as low as $1.98. This assertion underscores a trend of declining fuel costs, beneficial for everyday Americans managing their budgets.
Substantial Reduction in Grocery Prices
Addressing the cost of groceries, President Trump emphasized a sharp decline in prices, including a dramatic 92% drop in the cost of eggs since his tenure began. He praised Brooke Rollins, the Commissioner of Agriculture, for her excellent work in managing agricultural pricing and supply, ensuring affordability for the public. The President used the example of eggs to illustrate his point, noting the availability and reduced prices just in time for Easter, countering previous media claims about potential shortages.
National Trends in Fuel and Grocery Costs
Supporting the President’s statements, data from AAA confirms that gas prices are on a downward trajectory nationally, with an average price of $3.17 per gallon compared to $3.66 a year ago. This decrease is attributed to softer demand and lower crude oil prices, suggesting that prices may continue to fall as summer approaches.
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Similarly, the cost of a dozen eggs has seen a significant reduction, now priced at $3.13, down from over $8 earlier in the year. This price drop represents a substantial relief for consumers, further discrediting the inflated claims often circulated by biased media outlets.
These examples provided by President Trump and corroborated by reliable sources like AAA and tradingeconomics.com highlight the inaccuracies in the mainstream media’s reporting on the economy. They underscore the administration’s success in managing key aspects of the economy that directly affect the daily lives of American citizens.
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