Heading into Labor Day, Donald Trump is once again trying to dupe the American people into believing he has fulfilled his promise to lower costs. But new economic data released today shows that his economy took another turn for the worse: core inflation is up — and the full impact of Trump’s tariffs hasn’t even hit yet. It’s no wonder that working families continue to worry about making ends meet.
In response, DNC Rapid Response Director Kendall Witmer released the following statement:
“Donald Trump has doubled down on his erratic tariffs despite the damage to the economy, workers, and their families. There’s no denying it: costs are going up, the job market is a mess, and farmers and businesses are panicking. Instead of enjoying the holiday weekend, Americans are worrying about how they will afford skyrocketing prices on everything from groceries to school supplies. Trump’s economy is a total trainwreck — and working families are paying the price.”
Trump promised to “lower costs on Day One,” but has instead unleashed reckless tariffs that are jacking up costs on groceries and household goods, slowing hiring, squeezing farmers, and putting businesses into survival mode — and he’s not backing down. That explains why consumer sentiment declined again this month. Americans are worried about their personal finances, and they know exactly what’s going on: Trump is looking out for the rich and powerful while throwing working families under the bus.
