Trump's policies mirror Biden's, both face inflation backlash

Generated by AI AgentCoin WorldReviewed byAInvest News Editorial Team
Saturday, Nov 15, 2025 11:10 am ET2min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- Trump's inflation policies mirror Biden's, facing criticism for downplaying price pressures while implementing measures economists say worsen costs.

- Tariff hikes and deregulation drove consumer prices up to 3% by September 2024, with Trump later cutting agricultural tariffs to address grocery price spikes.

- Proposed $2,000 dividend checks from tariff revenue face fiscal concerns, while deregulatory moves clash with Biden-era consumer protections.

- Mixed policies include mass deportations raising labor costs and Trump Organization's foreign worker requests, highlighting contradictions in labor rhetoric.

- Both administrations downplayed inflation despite public backlash, with 67% of U.S. adults disapproving Trump's economic handling, mirroring Biden's early struggles.

Trump's administration is increasingly mirroring Joe Biden's approach to managing inflation, with both leaders facing criticism for downplaying price pressures while implementing policies that economists argue exacerbate costs for consumers. The parallels have drawn scrutiny from analysts, who note that

and Biden's early dismissal of inflationary risks have led to similar political challenges.

Consumer prices rose from a 2.3% annual increase in April 2024 to 3% by September after Trump imposed sweeping tariffs, a move that

, linked to "erratic policy" that shifted blame for rising costs onto foreign producers. Meanwhile, Trump's recent decision to cut tariffs on agricultural imports like coffee, beef, and bananas aims to curb grocery price spikes, a reversal from his earlier "drill baby drill" rhetoric .
The shift follows growing public frustration over food costs, in recent elections.

The administration's efforts to address inflation extend beyond tariffs. Trump has proposed distributing $2,000 dividend checks to Americans using tariff revenue, a plan economists warn is fiscally unsustainable given the scale of national debt and the fact that many tariff costs have already been passed to consumers

. Treasury Secretary Scott Bessent has hinted at alternative uses for the funds, though the administration has not clarified specifics .

Trump's policies have also clashed with Biden-era consumer protections. The Department of Transportation recently scrapped a rule requiring airlines to compensate passengers for delayed flights, a Biden initiative critics argued would have incentivized improved on-time performance

. The move aligns with broader deregulatory efforts, including the revocation of Biden's ban on drilling in Alaska's National Petroleum Reserve, which environmental groups say threatens fragile ecosystems .

While Trump touts his policies as job creators, critics highlight unintended consequences. For instance, his mass deportation plans have been linked to higher construction costs due to reduced labor availability in immigrant-heavy sectors

. Similarly, the Trump Organization's record-high request for 184 foreign workers in 2025 underscores a disconnect between the administration's rhetoric on reducing dependence on foreign labor and its own practices.

The administration's mixed approach has drawn comparisons to Biden's early tenure, when officials downplayed inflation despite surging prices. Michael Strain, director of economic policy studies at the American Enterprise Institute, noted both presidents have "played down inflation as a problem" while prioritizing other economic indicators

. This pattern has led to comparable public backlash: 67% of U.S. adults disapprove of Trump's handling of the economy, mirroring Biden's struggles with inflation during his first term . For now, the administration's strategy remains a balancing act between political messaging and the realities of a cost-of-living crisis that shows no sign of abating.

Comments



Add a public comment...
No comments

No comments yet