Blue Press Journal

Tag: grocery prices

  • Trump’s Grocery Price Claims Crumble Under Weight of Data

    Blue Press Journal – Despite Donald Trump’s repeated assertions that prices are “way down,” the reality is that grocery prices are rising at a rate nearly twice as fast as they were during the final year of the Biden administration. The data, sourced from the Bureau of Labor Statistics, tells a starkly different story than the one Trump is peddling.

    According to a HuffPost analysis of the data, inflation for food items has been running at 3.1% since Trump declared his trade war against the rest of the world in early April. This is compared to 1.8% in Biden’s final year. The numbers are clear: Trump’s tariffs have led to increased costs for American consumers, and the impact is being felt at the grocery store.

    The Impact of Trump’s Tariffs

    Trump’s tariffs, which are paid by American importers at ports of entry, have hit products from virtually every country, including those with which the United States has free trade agreements. Items like coffee, bananas, sugar, and seafood have seen some of the most dramatic price increases thanks to tariffs.

    ProductPrice Increase Since Trump’s Tariffs
    Coffee12.1%
    Bananas8.5%
    Sugar7.3%
    Seafood6.2%

    The data makes it clear that Trump’s claims about prices being lower are, in fact, a lie. “I can’t tell you why the president lies, but I can tell you that everything he has said about prices being lower is a lie,” said University of Michigan economist Justin Wolfers. “I’m starting to think that he doesn’t actually care about the cost of living.”

    Experts agree that Trump’s tariffs are increasing costs for U.S. consumers and will continue to make Americans poorer as long as they remain in effect. “I have no insight on why the president says what he says, but tariffs are increasing costs for U.S. consumers, and they will continue to make Americans poorer as long as they remain in effect,” said Erica York, vice president of federal tax policy at the Tax Foundation.

    The Reality of Grocery Price Inflation

    The numbers are stark: in the months since Trump announced his so-called “Liberation Day” tariffs on goods from the rest of the world, inflation on groceries is running at 3.1% on an annualized basis. This is a significant increase from the 1.8% rate seen during Biden’s final year.

    It’s clear that Trump’s lies about prices are not fooling Americans. As the data continues to show rising grocery prices, it’s becoming increasingly difficult for Trump to spin the narrative. The reality is that his tariffs are having a negative impact on American consumers, and it’s time for a change.

    Trump’s claims about prices being “way down” are not supported by the data. The numbers reveal rising grocery prices and increased costs for consumers. Experts warn that Trump’s tariffs are devastating the economy. How long will Americans be misled by Trump’s lies about prices?

  • Trump’s Promise of Lower Grocery Prices Falls Flat: Tariffs and Economic Policies Drive Costs Up

    Blue Press Journal. – One year ago, President Donald Trump stood in front of a table laden with everyday groceries, promising voters that he would bring prices down “immediately, starting on Day One” if elected. However, the reality has been starkly different. Despite his campaign pledge, grocery prices have continued to rise, leaving many Americans struggling to make ends meet.

    The culprit behind the price hike is largely attributed to Trump’s own economic policies, particularly his tariffs on imported goods.

    One glaring example is coffee from Brazil. With a staggering 50% hike in tariffs on Brazilian coffee, prices are set to skyrocket. Get ready—your morning cup of joe is about to become a luxury that could more than double in cost!

    The trade wars sparked by these tariffs have led to increased costs for businesses, which are then passed on to consumers. As a result, the prices of staples like flour, eggs, and milk have risen, contradicting Trump’s promise of relief for American families.

    Moreover, the president’s chaotic governing style and attacks on democratic norms have created an environment of uncertainty, deterring businesses from investing in the economy. This lack of confidence has further exacerbated the problem, leading to higher prices and reduced economic growth.

    The consequences of Trump’s policies are being felt across the country, with many low- and middle-income families bearing the brunt of the price increases. As the cost of living continues to rise, these households are being forced to make tough choices between essential expenses, such as groceries, housing, and healthcare.

    Trump’s policies have been misguided and have failed to deliver on his campaign promises. “The president’s tariffs and economic policies have been a recipe for disaster,” said a leading economist. “Instead of bringing prices down, they have driven costs up and created uncertainty in the market.”

    With the midterm elections looming, the president’s failure to deliver on this key campaign pledge is likely to become a major issue, as voters look for leaders who can provide real solutions to the economic challenges facing the country.

  • Trump Vowed to Slash Food Prices on His First Day: HE LIED

    Grocery prices have not budged an inch, not even a smidgen.

    Picture this: Donald Trump, standing at his New Jersey golf course last summer, surrounded by a table overflowing with food items. He dramatically declared that grocery prices had “skyrocketed” and vowed to fix it ( Day One) if re-elected. Spoiler alert: he didn’t.

    In his first 100 days back in office, Trump has been a busy bee. He’s managed to disrupt the lives of federal workers, condemn migrants to a life behind bars in El Salvador, and even switch sides in the Ukraine war. Oh, and let’s not forget about the trillions lost from retirement accounts and the looming trade-war-induced recession. 

    Not only have grocery prices been on the rise since Trump took office, but the inflation rate for groceries has hit a two-year high. So much for those promises of cheaper groceries, huh?

    To all the Trump supporters who were swayed by his pledge to lower grocery prices, I hate to break it to you, but you’ve been duped. The man has a talent for spinning tall tales, especially when it comes to the most pressing issue for the average voter.

    Despite Trump’s recent backtracking on tariffs, the damage has already been done. Brace yourselves for even higher grocery prices as the cost of imported food skyrockets.

    Recent polls show that Trump’s approval ratings on the economy are plummeting. Can he talk his way out of this mess? Just take a look at your grocery bill and decide for yourself.

  • Empty promises and flashy rhetoric. They start on January 20th.

    Trump made a grandiose promise to lower grocery prices during his campaign, but surprise, surprise, it seems like it was all just a bunch of lies to win votes. I mean, who would have thought? It’s not like he was saying this when the economy was booming or anything. People just love to vote based on their feelings rather than facts. Reading is hard, apparently.

    “From the day I take the oath of office, we’ll rapidly drive prices down and make America affordable again,” Trump declared confidently to his supporters in North Carolina. “Prices will come down. You just watch. They’ll come down fast.” Spoiler alert: they didn’t and Trump now says they will not. .

    After winning the election, TIME magazine had the audacity to ask Trump if his presidency would be a failure if grocery prices didn’t decrease. “I don’t think so,” Trump responded, before awkwardly backtracking on his promise. “I’d like to bring them down. It’s hard to bring things down once they’re up. You know, it’s very hard.”

    Just days after the election, the Associated Press reported that many economists believed Trump’s plans, like tariffs on imported foods and deporting undocumented workers, could actually cause food prices to rise. Shocking, right? 

    Only about 2 in 10 Americans are confident that Trump will actually make progress on lowering grocery prices, housing costs, or healthcare expenses. But hey, who needs affordable groceries when you have a reality TV star as president, right?

    It’s disappointing to see how easily some people can be swayed by empty promises and flashy rhetoric. It’s a reminder of the importance of critical thinking and doing thorough research before putting our trust in any political figure. Hopefully, this serves as a lesson for future elections, and voters will be more discerning in their choices. As citizens, we have the power to hold our leaders accountable and demand transparency and honesty in their actions.