Tag: costs for consumers.

  • Trump’s Economic Policies Are Costing American Families Thousands – The Numbers Don’t Lie

    In Response to todays Trump News Conference

    Blue Press Journal – While former President Donald Trump made headlines with bizarre distractions like his public musings about buying Greenland, the real story for American households was happening in their wallets. A new congressional analysis reveals that under Trump’s leadership, U.S. families faced sharp increases in the cost of living, directly tied to his economic agenda and trade strategies. 

    According to a recent report from the Joint Economic Committee (JEC), the average U.S. household paid $1,625 more in 2025 for everyday essentials. These rising costs were not random — they were the result of Trump’s tariffs, housing market pressures, and broader economic mismanagement (Joint Economic Committee, 2025). 

    The Real Impact: Higher Prices for Housing, Transportation, and Groceries

    Breaking down the numbers, the JEC found that housing expenses rose by an average of $323 per family, transportation costs climbed by $241, and grocery bills surged across the country. For residents of states like Alaska, Connecticut, Massachusetts, and New York, the hit was even harder — more than $2,000 in additional annual costs. 

    The cause? Trump’s tariff-heavy trade policy, which he claimed would punish foreign exporters but in practice acted as a hidden tax on American consumers. Independent economic analyses, including research from the Center for American Progress, confirm that U.S. businesses and families bore nearly the entire cost of these tariffs (CAP, 2025). 

    The Inflation Reality Check

    Trump has repeatedly boasted that he “ended inflation” and claimed prices are falling. The data tells a different story. In December 2025, inflation was still running at 2.7% year-over-year, with prices continuing to climb month to month (CNN Fact Check). For working families, this meant that paychecks stretched less, and basic necessities became more expensive — despite the White House’s rosy rhetoric. 

    Economic Uncertainty Hurts Families

    Economists warn that tariffs not only raise consumer prices but also create uncertainty for businesses, slowing investment and job growth. This uncertainty compounds the financial strain on households, particularly in industries reliant on global supply chains. 

    Senator Maggie Hassan (D-NH) criticized the administration’s “reckless” economic approach, pointing out that tariffs, higher healthcare costs, and policy unpredictability have all contributed to the squeeze on American families. 

    The Takeaway: The “Greatest Economy” Myth

    Trump’s claims of delivering “the greatest first year in history” simply don’t match the lived reality of American families. The hard truth is that his economic policies functioned as a tax on the middle class, without delivering the promised benefits. 

  • Economic Woes Mount for Trump as Polls Show Disapproval on Handling of Economy: 60% +

    A new CBS News/YouGov poll has delivered a significant blow to President Donald Trump’s economic agenda, revealing that a majority of Americans believe the economy is deteriorating under his administration. The poll found that 55% of Americans think the economy is getting worse, while 60% disapprove of Trump’s handling of economic issues.

    The news comes as inflation in the US continues to rise, with the Consumer Price Index (CPI) showing a 2.7% increase in June, up from 2.4% in May. Core inflation, which excludes food and energy, also rose to 2.9%, up from 2.8% the previous month. The escalating inflation is attributed, in part, to the effects of Trump’s tariffs, which have led businesses to increase costs on consumers.

    The poll also highlights the widespread perception that Trump’s policies are exacerbating the financial burden on Americans. A staggering 62% of respondents believe that Trump’s policies are driving up the cost of groceries, while 50% say they have become financially worse off under his administration.

    Furthermore, the poll reveals significant opposition to Trump’s trade policies, with 60% of Americans opposing the imposition of new tariffs on imported goods. The tariffs, which were introduced as part of Trump’s “America First” agenda, have been widely criticized for sparking trade wars and increasing costs for consumers.

    The findings are a far cry from Trump’s campaign promises, in which he vowed to lower prices and stimulate economic growth. Instead, the data suggests that his policies have had the opposite effect, with many Americans feeling the pinch of rising costs and stagnant wages.