by Rick Newman
Yahoo! Finance
If Donald Trump becomes president, he’s going to wave a magic wand on his first day in office and poof! The cost of food, energy, insurance, and many other things will suddenly plunge.
This is the gist of Trump’s riff on inflation, which he used to blame on President Joe Biden and now blames on Vice President Kamala Harris. When Biden was the Democratic presidential candidate, the inflation that peaked at 9% during his second year in office was a major electoral liability. Now that Harris has replaced Biden, Trump obviously hopes voters will transfer their anger over inflation onto her.
If the president had the power to single-handedly slay inflation, you might think Biden would have done it.