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Exchange of the Day

May 12, 2026 · 4:20 pm ET · Leave a Comment

President Trump took questions from reporters:

REPORTER: Inflation is now at its highest level in 3 years. Are your policies not working?

TRUMP: My policies are working incredibly. If you go back to just before the war, inflation was at 1.7%. If you want to let these lunatics have a nuclear weapon, then you’re a stupid person, and you happen to be.

White House

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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