Get all your news in one place.
100’s of premium titles.
One app.
Start reading

Trump's affordability message keeps running into trouble

President Trump told reporters in the White House briefing room Tuesday that his affordability message has a "public relations" problem.

The big picture: While Trump prepares to talk about affordability in Davos (an elite gathering of billionaires), his Cabinet officials are on TV talking about buying 10-12 houses for retirement and feeding a family three meals a day for about $15.

  • At the same time, the latest polls show voters are about as discontented with him on the economy and prices as they've ever been.

What they're saying: President Trump said "we're not getting it across" when discussing the administration's affordability message with reporters.

Catch up quick: Treasury Secretary Scott Bessent referenced retirees owning "10 or 12 homes" on stage in Davos while responding to a question about the administration's efforts to ban institutional investors from buying single-family homes.

  • This comes after Agriculture Secretary Brooke Rollins suggested Americans could get a $3 meal consisting of a piece of chicken, a piece of broccoli, a tortilla and "one other thing."
  • She later clarified that was not what she meant, and a new simulation indicated three full meals would cost about $15.64.
  • That's about $460 a month — though SNAP benefits, which continue to be restricted, total about $300 on average.

By the numbers: A new CBS News/YouGov poll indicates Americans still feel the administration hasn't done enough to combat high prices.

  • 74% of respondents said the White House was not doing enough to lower prices.
  • 76% said their salaries were not keeping pace with inflation.
  • 44% said over the past year, Trump's policies made them worse off financially.

Yes, but: Income levels, commodity prices, corporate profits, productivity, consumption, supply, demand, and a laundry list of other factors impact the price of food.

  • Washington may not be able to control all of those factors, but that won't stop voters from wanting to see their politicians try.

What we're watching: Trump is expected to deliver a message about affordability Wednesday from Davos, the largest public annual gathering of the wealthiest people in the world.

The bottom line: The administration wants to land the affordability plane before the midterms.

  • It may need a new messaging plan first.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.