(DailyChive.com) – In a major speech on Thursday at the Economic Club of New York, Donald Trump will unveil his plan to tackle the rising cost of living. Under the slogan “Make America Affordable Again,” Trump’s goal is to lower prices and restore affordability, something he believes the Biden-Harris administration has failed to do.
Trump’s plan focuses on cutting government waste, reducing regulations, and increasing domestic energy production. These steps, he says, are crucial to bringing the economy back to life.
One key part of Trump’s plan is creating a commission to make the government more efficient. This idea, which tech billionaire Elon Musk suggested, would involve a full review of the federal government to find areas of waste, fraud, and inefficiency. Trump believes that cutting down on this waste will help control inflation and save money. Musk has already shown his support for this proposal.
Trump’s speech will draw sharp contrasts between his economic ideas and those of the Biden-Harris team. He argues that their policies have made life more expensive for regular Americans. Recent polls show that Trump is viewed more favorably than Kamala Harris when it comes to handling the economy.
In addition to cutting waste, Trump wants to roll back regulations in the housing and energy sectors. He plans to open federal land for large-scale housing projects, which he believes will make housing more affordable. On the energy front, Trump will push for faster approvals for drilling and pipelines, with the aim of lowering energy costs and achieving energy independence.
Trump also plans to cancel unused funds from the Biden administration’s Inflation Reduction Act. He has been critical of this act, arguing that it expanded government too much without offering real help to Americans. By targeting unspent money, Trump hopes to appeal to voters who want to see less government spending.
Lastly, Trump will promote his idea of “smart tariffs” on imports, particularly from China. He believes tariffs will protect American industries and lower inflation by boosting production in the U.S. Trump’s campaign is betting that these policies will resonate with voters who are frustrated with the current economic challenges.
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