“In the summer of 2024, Trump began to repeatedly and explicitly promise not simply to reduce inflation but to deliver large declines in consumer prices: ‘Starting the day I take the oath of office, I will rapidly drive prices down.’”
#trumpcon #inflation #affordability
“Millions of Americans are about to see a sudden rise in health care costs — not a hypothetical future rise, but a sudden jump on January 1. This ACA premium shock will hit as other forces are exacerbating the sense of crisis over affordability.”
#trumpcon #affordability #inflation #ACA #healthcare

Businesses are starting to fully pass onto consumers the cost of Trump’s tariffs. Electricity prices are soaring as data centers inflict the cost of their enormous power demands on consumers. In addition, Trump’s deportation policies are increasing the cost of food.”

https://open.substack.com/pub/paulkrugman/p/magas-affordability-crisis-will-soon?r=1if9uq&utm_medium=ios

In Trump’s world view you’re either a sucker or a loser. Which are you?
#trumpcon #tariffs #inflation #affordability

MAGA’s Affordability Crisis Will Soon Get Worse

And Trump’s numbers will continue to slide

Paul Krugman