After Donald Trump spewed lies on the campaign trail claiming he’d lower costs on “Day One,” consumer sentiment is now “down by a steep 10%” since January and a majority of Americans believe Trump “isn’t doing enough” to address inflation. And of course, we already know Trump’s response: double down on the same failed agenda that would jack up prices while trying to pass the buck by refusing to take any responsibility for the economy for a year.

The American people deserve leaders who prioritize bringing down costs — but Trump and his billionaire Cabinet only care about lining their own pockets. 

Here’s a look at Americans’ overwhelming disapproval of Trump’s economic agenda. 

CNN: “The University of Michigan’s latest survey, released Friday, showed that US consumer sentiment declined in February for the second consecutive month, according to a final reading, down by a steep 10% from January. That was double the decline initially reported earlier this month. …

“The latest decline in consumer sentiment was driven by worries over Trump’s tariffs potentially jacking up prices. …

“Nearly two thirds of US adults nationwide, 62%, said they feel Trump’s isn’t doing enough to address inflation. …

“All the drama around tariffs has affected Americans’ perception of prices: Expectations for inflation in the year ahead surged this month to 4.3%, according to the Michigan survey, up a full percentage point from January to the highest level since November 2023.”

Wall Street Journal: “U.S. consumer confidence slid backward this month, reflecting expectations that tariffs proposed by the Trump administration on goods imports will lead to rising prices.

“The University of Michigan’s index of consumer sentiment tumbled to 64.7 at the end of February, well below January’s 71.7. …

“In particular, the survey’s gauge for buying conditions for durable goods—those meant to last five years or more—slumped, in large part due to fears that tariff-induced price increases are imminent. …

“Weaker confidence was unanimous across groups by age, income and wealth.”

Bloomberg: “US consumers’ expectations for long-term inflation rose to the highest rate in three decades on concerns President Donald Trump’s tariffs will translate into higher prices. …

“Inflation expectations have taken renewed importance as the prospect of trade wars is weighing on the outlook for prices paid by American consumers.

“Long-run inflation expectations are now higher than the two years that preceded the pandemic and ‘exhibit substantial uncertainty, particularly in light of policy changes under the new presidential administration,’ according to a separate report on inflation.”

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