Transportation Secretary Discusses Affordability Under Trump Administration
Transportation Secretary Sean Duffy recently spoke with Breitbart News’ Washington Bureau Chief Matthew Boyle about President Trump’s ambitions to revive the American Dream. Duffy emphasized that the administration is prioritizing affordability, particularly by reducing the burden of regulations.
Boyle pointed out that while Democrats often claim to focus on affordability, the Trump administration is actively taking measures to achieve it.
When asked about how the administration’s efforts are aimed at lowering prices and addressing inflation, Duffy noted, “At the 30,000-foot level, more rules and regulations cost more money. Prices go up.”
He elaborated on the connection between government spending and inflation, explaining that increased money supply decreases the dollar’s value, leading to rising prices. “We’ve tried to spend less money, ideally by eliminating unnecessary regulations. That’s the policy overall. I believe this will eventually lead to lower prices,” Duffy said.
However, he acknowledged the challenges young Americans face, who often feel disheartened by the high costs of purchasing a car or a home. “You look at the cost of housing and think, ‘I’m going to do that too.’ My parents bought a house at 32, but I might not be able to afford one at the same age. That’s a significant issue in America,” he expressed, underscoring the administration’s commitment to making the American Dream attainable again.
Duffy further emphasized the importance of easing regulatory pressures to allow for the construction of affordable, safe housing. “We want to make it possible for someone to build a good, safe home that they can afford and start living the American dream,” he said.
On a personal note, he shared his own perspective on family life, stating, “I have nine children, and I think children are wonderful. They bring joy, but it’s tough to think about starting a family when buying a home seems out of reach.” He conveyed that basic necessities should be affordable for people hoping to start families. “Enjoyable things in life can’t happen if you can’t afford these essentials,” he remarked.
In conclusion, Duffy suggested that while working to reduce housing prices, the administration is also focused on lowering car prices. He mentioned that a successful approach could lead to job growth, bringing about more competition in the workforce and potentially increasing salaries.
