President Donald Trump speaks at the Detroit Economic Club in Detroit, Michigan, on Jan. 13, 2026. One guy is trying to sell hydrogen?” he said on a detour about fuel-cell powered electric cars, apparently unaware of the explosive characteristics of gasoline vapor. AdvertisementAnd while describing his efforts to pressure the pharmaceutical industry to lower drug prices, Trump again adopted his nonsensical approach to arithmetic: “They’re going to be coming down thousands of percents. In reality, grocery prices have not been coming down, and inflation numbers released Tuesday showed that food prices increased last month at the fastest pace since 2022. While inflation was high under Biden in 2021 and 2022 as the economy rebounded from the pandemic, there was no stagflation, as steady growth continued throughout.

Source: Huffington Post January 13, 2026 22:44 UTC