Just one week after voters overwhelmingly rejected Donald Trump and Republicans’ disastrous agenda, new data released today revealed that prices in October increased 0.4% compared to last month — above expectations — and are estimated to have increased 4% compared to last year. Groceries, electricity, transportation, rent, and medical services all saw significant price increases last month.
REMINDER: Just this week — even after Republicans’ historic defeat in the midterm elections — Trump blamed voters’ outrage about his economy on “bad messaging” and continued to claim that “we have historically good numbers.” Trump also promoted Stephen Miller to be his chief of staff, as he doubles down on the agenda that voters resoundingly rejected.
In response, DNC Deputy Communications Director Kendall Witmer released the following statement:
“Voters across the country repudiated Donald Trump and Republicans’ disastrous price-spiking agenda — and it’s no wonder why. Trump and JD Vance’s reckless tariffs and deadly and costly war with Iran continue to drive prices through the roof, as working families pinch pennies to afford everything from gas to groceries — and Trump still doesn’t care. Democrats are prepared to use their new majorities to fight for working families and deliver lower costs and an end to the Republican agenda that has made life unaffordable.”
Trump and JD Vance’s reckless tariffs and deadly and costly war with Iran have raised prices on everything. Under Trump and Vance, Americans have been forced to pay an additional $4,700 on everyday essentials, including $310 for groceries and $915 on housing. Americans have shelled out an additional $150 billion on gas and diesel alone since Trump and Vance started their war with Iran, and the average price of gas has been above $4 per gallon for more days than any year on record.
