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‘Everything is going up’: Americans struggle with affordability despite Trump’s claims (www.theguardian.com)

submitted 1 month ago by cm0002@no.lastname.nz to c/usa@midwest.social

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The White House insists that the affordability problem Americans like Levie report doesn’t exist. At a rally in Kentucky earlier this week, Donald Trump told the crowd: “Inflation is plummeting, income is rising, the economy is roaring back!”

Though the positive sentiment will be a tough sell for voters in the upcoming midterm elections.

After helping Congress pass huge cuts to healthcare and food assistance programs, Trump is now pushing to remove minimum wage and overtime protections for some workers. And though seven out of 10 Americans said that tariffs have led to higher prices, Trump has only doubled down on more levies.

Far from feeling like the US is in a golden age, workers said rising inflation means their paychecks can’t keep up with prices.

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[–] cerebralhawks@lemmy.dbzer0.com 1 points 1 month ago

The rich have never grasped what things cost. It's entirely possible Trump may have thought he was making things better for his voter base (poor to middle class white men), but he himself has never had to struggle or worry about where his next meal was coming from. As a leader, he should at least understand economy to keep prices under control (if that was ever his goal), but my generation remembers Bill Gates being asked on a talk show what things cost and he had no idea. IIRC he thought a dozen eggs was like $20 (and he didn't think that was a problem) in the 1990s.