US Presidency
2022

One way to fight inflation is to drive down wages and make Americans poorer. I have a better plan to fight inflation. Lower your costs, not your wages. Make more cars and semiconductors in America. More infrastructure and innovation in America. More goods moving faster and cheaper in America. More jobs where you can earn a good living in America. And instead of relying on foreign supply chains, let’s make it in America. Economists call it “increasing the productive capacity of our economy.” I call it building a better America. My plan to fight inflation will lower your costs and lower the deficit. Seventeen Nobel laureates in economics say my plan will ease long-term inflationary pressures. Top business leaders and most Americans support my plan. And here’s the plan: First—cut the cost of prescription drugs. Just look at insulin. One in ten Americans has diabetes. In Virginia, I met a 13-year-old boy named Joshua Davis. He and his dad both have Type 1 diabetes, which means they need insulin every day. Insulin costs about $10 a vial to make.