The exact thing that helped Trump win could become a big problem for his presidency
CNN
Donald Trump rode a powerful wave of discontent over the cost of living back to the White House.
Donald Trump rode a powerful wave of discontent over the cost of living back to the White House. Voters, fed up with high prices on everything from groceries to car insurance, have ousted Democrats from power in Washington. Trump reminded voters often that inflation wasn’t a problem when he was calling the shots. And he has promised to attack high prices by shaking things up. But if he’s not careful, Trump could have an inflation problem of his own. Some of the very same campaign promises that appealed to voters – mass deportations and sky-high tariffs – would be inflationary if enacted, perhaps very inflationary. Not only that, but the bond market is already getting nervous about Trump’s plans to add trillions to the national debt. Bond yields have climbed sharply, a situation that will make it more expensive to get a mortgage or home equity loan and finance the purchase of a car.