Best of 2025 - Five reasons Trump’s economy stinks and 10 things the Dems should do about It |
The Trump economy is truly awful for most Americans. Democrats need to show America that they can be better trusted to bring prices down and real wages up.
A repost from 20 November 2025
President Donald Trump claimed last week on social media that “ Our economy is BOOMING, and Costs are coming way down,” and that “ grocery prices are way down.
Rubbish.
How do I know he’s lying? Official government statistics haven’t been issued during the shutdown—presumably to Trump’s relief (the White House said Wednesday that the October jobs and Consumer Price Index reports may never come out).
But we can get good estimates of where the economy is now, based on where the economy was heading before the shutdown and recent reports by private data firms.
First, I want to tell you what we know about Trump’s truly shitty economy. Then I’ll suggest 10 things that Democrats should pledge to do about it.
While the cost of living isn’t going up as fast as it did in 2022, consumer prices are still up 27 per cent since the onset of the pandemic. Wages haven’t kept up.
Americans know this. In a recent Harris poll, 62 per cent say the cost of everyday items has climbed over the last month, and nearly half say the increases have been difficult to afford.
Much of this is due to Trump’s tariffs, which are import taxes—paid by American corporations that are now passing many of the costs on to consumers. Even Trump knows this, which is why he’s removing tariffs on coffee, bananas, beef, and other agricultural commodities. But his other tariffs will remain, boosting the costs of everything else.
As a result, wages—when........