Why prices won’t — and shouldn’t — go down

A supermarket in Monterey Park, California, on September 9, 2025. | Frederic J. Brown/AFP via Getty Images Before his second term, then-former President Donald Trump ran a campaign in 2024 promising to lower the prices of pretty much everything. “When I win, I will immediately bring prices down. Starting on day one,” he said.  And in the months since retaking office, Trump has said, “The economy’s doing great. The stock market’s higher now than when I came to office.” But regular folks — people outside of the administration — aren’t necessarily feeling as great about things.  Key ta