With Donald Trump declaring “I love the inflation” and bragging that “I don’t think about Americans’ financial situations,” it’s no surprise that people in states throughout the country are paying more, earning less, and cutting back. As Trump and his extreme Republicans continue their assault on working families, new economic data released yesterday shows that the average household has already had to spend at least $3,100 more. That includes $310 more on groceries, $372 more on gas, $110 more on electricity, and $622 more on housing.
Trump and his administration also want Americans to take out new loans for medical bills they can’t afford after Republicans went out of their way to make healthcare even more expensive for tens of millions of people. This comes as inflation has surged to its highest rate in years while continuing to outpace wage growth, which is at a five-year low. Additionally, producer prices have once again increased, marking the largest 12-month increase in nearly four years.
Here’s a look at what this means in states across the country:
- In North Carolina: ABC 13: As grocery costs rise, residents say they’re putting food back on the shelves
- In Pennsylvania: KYW News: Rising costs push thousands of Pennsylvanians off Pennie health insurance
- In Texas: MySA: Texas culture at risk as beef prices skyrocket, force barbecue closures
- In Florida: WFTV: High grocery costs force Florida families to sacrifice fresh produce
- In Florida: WUSF: More Floridians are turning to ‘Buy Now, Pay Later’ plans to cover grocery costs
- In Colorado: Colorado Sun: Denver-area inflation increases to 5%. Blame energy costs.
- In Illinois: WBEZ Chicago: Amid rising gas prices, inflation, some Chicagoans have given up bargain-hunting
- In Louisiana: 4WWL: Rising grocery costs, summer break strain Louisiana families as demand for food assistance grows
- In California: Los Angeles Times: Fed up with the price of the pump, L.A. drivers are finding ways to adjust
- In California: Orange County Register: Southern California inflation hits 5-month high as gas prices jump 27%
- Nationwide: The Hill: States starting to see major ObamaCare coverage losses
- Nationwide: Reuters: Rising fuel prices hit US farms as Iran war drags on
- Nationwide: Wall Street Journal: Gas Prices Wipe Out More Than a Year of Wage Gains
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