How Trump's Approval Rating on Inflation Stands As He Shares Positive Chart
Several polls show the president underwater on the issue—one that remains central to voters ahead of the midterms.
President Donald Trump shared a chart on Sunday night that highlights his administration's record on inflation. The chart ranks the cumulative price increases for the last ten presidential terms, revealing that Trump's rate stands at 4.71 percent, placing him fourth in the list. However, his administration argues that former President Joe Biden is responsible for the ongoing inflation issues.
Despite the administration's claims about Trump's economic record, polls show that voters remain frustrated with rising prices and skeptical of Trump's ability to control them. The chart, created by YungGeeski, measures cumulative changes in the Consumer Price Index for All Urban Consumers (CPI-U), which is the primary headline inflation measure.
This differs from the annual rate of inflation typically reported by agencies and media outlets. Critics argue that the chart is misleading since it only covers 18 months of Trump's presidency, while other presidents' rates continued to rise. Experts warn that comparing cumulative inflation rates over different time periods is problematic, as rates compound over time.
The current inflation rate, while showing improvement, remains significantly higher than the Federal Reserve's long-term target of 2 percent.
Written by urgent.news from Newsweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
