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Analysis shows how Trump’s promise of cheaper groceries and gas has not materialized. Republicans predict defeat in a critical Senate race. And Airbnb sets new rules for hosts.

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When voters headed to the polls nearly two years ago, Donald Trump promised them cheaper groceries, gas below $2 a gallon and a wave of new manufacturing jobs. They elected him president — and got the opposite.

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Instead, prices have kept rising and wages have struggled to keep pace with inflation. While the broader economy has grown at a healthy rate, the gains have disproportionately flowed to the wealthiest households.

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Economists largely point to Trump’s own policies for his broken campaign promises.

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Take cheaper groceries. Prices are up 3.5% from January 2025, when Trump came into office, in part because of tariffs and higher fuel costs following the Iran war.

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Speaking of fuel, Trump promised gas for $2 a gallon. But the national average of regular gas is $4.27, according to AAA — the first time gas has ever averaged more than $4 a gallon in October.

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Taxes, however, are lower on…

Original source: https://www.nbcnews.com/business

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