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Donald Trump says claim of US affordability crisis is a ‘hoax’

President insists prices have come down despite voter frustration over high cost of living

Donald Trump has said that claims of an affordability crunch in the US are a “con job” and “hoax” perpetuated by Democrats as rising prices become a growing political liability for Republicans.

The US president on Wednesday doubled down on his claim that prices are falling across the country as he pushed back against voter frustration over the cost of living that is eroding his polling numbers.

“Just about everything is down,” Trump said, as he announced a rollback of fuel economy standards. “They use the word affordability — it’s a Democrat hoax. They’re the ones who drove the prices up.”

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