Overview
- Speaking at the White House this week, the president said he did not want to hear about affordability concerns and argued prices are now lower.
- Official data show year-over-year inflation was about 3% when he took office and has generally hovered between 2% and 3% since, with average U.S. gasoline around $3 per gallon.
- The New Republic found his cited 25% drop in a Walmart Thanksgiving meal is misleading because this year’s package includes fewer items than last year’s.
- PolitiFact has described his record on prices as mixed, and CNN reported overall grocery costs have risen since he took office despite declines in some categories.
- Republican Rep. Marjorie Taylor Greene publicly countered his claims by saying her food and energy bills remain higher, as recent election results boosted Democrats and signaled potential 2026 risks.