How Trump Made America Expensive Again
Trump says he doesn’t care, “Not even a little bit” about people’s finances. It’s the first time he’s actually told the truth.
Trump’s policies are forcing the typical American family (household) to pay thousands of dollars EXTRA for groceries, to visit the doctor, and to fill up their gas tanks. Here’s how.
Trump’s illegal war on Iran, which nearly all Republicans have supported, has caused gas prices to skyrocket. Since he started the war, the average American household has spent an extra $417 on gas.
His war is also driving up the cost of groceries thanks to increased fuel and fertilizer costs.
Trump’s tariffs, before they were ruled illegal, cost each American household an extra $1,700.
Consumers can expect little help to weather the storm. Trump slashed two crucial programs that supported food banks and school meals. That’s on top of the historic cuts he and Republicans have made to food stamps in their big, ugly bill.
Healthcare costs are also rising. Trump and Republicans cut nearly $1 trillion from Medicaid, and more than 7 million people are predicted to lose coverage as a result.
Trump and Republicans in Congress refused to extend Affordable Care Act subsidies, causing monthly premiums to increase by an average of nearly 60 percent. 1 in 5 ACA recipients have lost coverage this year.
And what about electric bills? They increased 13 percent in 2025 — and won’t be coming down anytime soon. Trump and Republicans' big, ugly bill is forecast to increase household energy bills, largely because of cuts to renewable energy programs. And Trump is fast-tracking power-hungy AI data centers, which are further increasing electric bills.
So if your life is getting more expensive, where is all your money going?
Straight to the pockets of giant corporations. Big Oil raked in more than $55 billion in windfall profits in just the first month of the Iran war. As for those illegal tariffs, only corporations will get a refund, even though most of them already passed those increased costs onto you. The devastating cuts to food stamps and Medicaid helped pay for tax cuts for the super-wealthy and corporations. And the AI data centers, helping drive electric bills higher, enrich the bottom lines of Trump’s Big Tech donors.
All this exacerbates the decades-long hoax of trickle-down economics, where corporations gobble up bigger and bigger pieces of the economic pie while workers get shafted. Today, workers’ share of the nation’s income is at the lowest it’s been since records began in 1947. Corporate profits’ share, on the other hand, is the highest it’s been since 1950.
Trump and Republicans in Congress are making our rigged system even worse.