Story perspectives

Trump Blames Democrats for Worst Inflation in 48 Years

7/23/2026

Summary

Story summary

U.S. President Donald Trump told a Georgia crowd on July 22 that “affordability” is a Democratic term and blamed President Joe Biden and Democrats for the worst inflation in 48 years.
A Washington Post-Ipsos poll gave him 33% approval and a –43 inflation rating, a drop of 30 points since inauguration.
Treasury Secretary Scott Bessent promoted $1,000-seeded “Trump accounts”, while Georgia candidate Rick Jackson pledged to match them if the legislature fails.

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Story summary

U.S. President Donald Trump told a Georgia crowd on July 22 that “affordability” is a Democratic term and blamed President Joe Biden and Democrats for the worst inflation in 48 years.
A Washington Post-Ipsos poll gave him 33% approval and a –43 inflation rating, a drop of 30 points since inauguration.
Treasury Secretary Scott Bessent promoted $1,000-seeded “Trump accounts”, while Georgia candidate Rick Jackson pledged to match them if the legislature fails.