At a rally in Detroit earlier this month, Donald Trump told the crowd that his upcoming speech at the World Economic Forum would tackle one of his core issues: affordability. But the address he delivered in Davos yesterday was not quite what he'd telegraphed. In what my colleague David A. Graham described as a 'stump speech,' the president strayed from that focus, roaming from Arctic defense to the Minnesota fraud scandal to the policies of 'Sleepy' Joe Biden. When he returned to the topic of affordability, he claimed that grocery prices are 'going down' (they're not) and that drug prices have declined by '2,000 percent' (they haven't). Although Trump campaigned on the economy, weak polling has recently spurred new plans to make life in America more affordable. At one point, Trump plugged a plan to curb predatory lending practices by capping credit-card interest rates at 10 percent'but the deadline (proposed on Truth Social) for the policy to go into effect had passed the day...
learn more