Seems to me the candidate who won in 1980 told us we were all going to have to tighten our belts and wait to see if his economic policies were going to work.
Back to the culture of instantaneous gratification, which has been griping that in a whole six months Trump (all by his lonesome) hasn't been able to overcome the destruction of Biden/Congressional fiscal (and other) policy that would make drunken sailors blush that went on for four years.
Motor fuel prices are down, and that is key to reducing costs, and eventually prices of most everything.
Most significantly, No 2 diesel is down from a peak of $5.63 (5/30/2022) to about $3.79, and that was one of the premium drivers for the cost of transporting goods by truck, which is just about everything.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMD_EPD2D_PTE_NUS_DPG&f=WRegular gasoline has seen a similar drop in price, dropping from $4.84 to $3.05 per gallon.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMM_EPMRU_PTE_NUS_DPG&f=WThese are the fuels that move people and goods in America. It takes time for those savings to trickle back through and show up in store prices, partly because the stock in the warehouses got there with higher fuel prices.
Prices, when driven by costs, will go up fast and come down more slowly--you see it at the gas pump when oil spikes and drops.
So, if in barely eight months since he was sworn in, everything isn't dirt cheap, give it time. Hiring Americans to do the jobs they would have done for a reasonable wage will cost a little more. Peeling back regulations and restrictions which make it more expensive to make things here or for this market will take time, and even longer for the effects of that deregulation to be felt.
Maybe it is just me, but the prices of things I buy (beef, up, but the herds are down in numbers and being rebuilt (the gestation period for a cow is 283 days, longer than that of a human, and it's two years to market), eggs (back down, last dozen cost $2.79) fuel, back down (last gallon the same as a dozen eggs, if you don't count the 9/10 cents on the end). With the exception of a few grocery items which have gone up (and which come from outside the US-canned mushrooms come to mind) most items have either come down in price or stabilized over the past few months, at least what I use.
But turning an economy is like turning a supertanker. It takes time and a bit of room.
I'm content that something IS being done, and if we can get the damn Congress to quit spending like they do, maybe it will even be meaningful.
When regulatory and other changes are codified and not just Executive Orders, the confidence at the supplier, wholesale, and retail level will be higher.
