Expect even higher prices: "After Trump’s April Liberation Day tariffs schedule that shocked the world and set off months of ongoing volatility, importers ate much of the costs associated with tariff-related price hikes, and stockpiled inventory before the additional levies kicked in. Those spring and summer inventories are waning, and businesses are passing down price hikes to consumers more often":
https://talkingpointsmemo.com/fivepoints/five-points-government-shutdown-us-economy-bls-jobs-report
#politics #economy #affordability #inflation copy: @renewedresistance

#BlackFriday #Affordability

Expect even higher prices: "After Trump’s April Liberation Day tariffs schedule that shocked the world and set off months of ongoing volatility, importers ate much of the costs associated with tariff-related price hikes, and stockpiled inventory before the additional levies kicked in. Those spring and summer inventories are waning, and businesses are passing down price hikes to consumers more often":
https://talkingpointsmemo.com/fivepoints/five-points-government-shutdown-us-economy-bls-jobs-report
#politics #economy #affordability #inflation copy: @renewedresistance

#BlackFriday #Affordability

#TrumpRegime #USPolitics #Affordability

Overall, Americans are paying 11% more for #electricity than they were in January, though that number varies widely: Costs have risen 37% in Missouri but have fallen in 3 states by as much as 13%, #NEADA found.
“With prices going up so rapidly, electricity is becoming #unaffordable in many parts of the country,” said Mark Wolfe, an #energy economist & exec dir of NEADA. “And it isn’t just lower-income households anymore; it’s spilling into the middle class.”

#economy #affordability #Trump

#TrumpRegime #USPolitics #Affordability

Nearly 1 in 20 households, or about 14 million Americans, were so behind on #utility #debt that it was reported to collections agencies or in arrears as of June, according to an analysis by the Century Foundation & Protect Borrowers, a nonprofit that advocates for consumers. Meanwhile, the average overdue balance of $789 has risen 32% since 2022.

#economy #affordability #CostOfLiving #electricity #Trump #inflation #recession #trumpcession

“People are feeling a squeeze across the board, but what’s even more alarming is that we’re seeing people struggling to pay for these very, very basic necessities,” said Julie Margetta Morgan, president of the Century Foundation, a liberal think tank. “ #Electricity is not a luxury; it isn’t optional.”

#economy #affordability #CostOfLiving #Trump #inflation #recession #trumpcession

#Utility #prices have risen roughly 3X faster than overall #inflation this year, at a precarious time for the #economy. Businesses are announcing #MassLayoffs, & it’s taking #unemployed Americans much longer to find new #work. There are also signs that lower- & middle-class families are pulling back on spending.

#affordability #CostOfLiving #Trump #recession #trumpcession

Overall, Americans are paying 11% more for #electricity than they were in January, though that number varies widely: Costs have risen 37% in Missouri but have fallen in 3 states by as much as 13%, #NEADA found.
“With prices going up so rapidly, electricity is becoming #unaffordable in many parts of the country,” said Mark Wolfe, an #energy economist & exec dir of NEADA. “And it isn’t just lower-income households anymore; it’s spilling into the middle class.”

#economy #affordability #Trump

#GiftArticle

Soaring #electricity prices are triggering a wave of power shutoffs nationwide, leaving more Americans in the dark as unpaid #bills pile up. Although there is no national count of electricity shutoffs, data from select utilities in 11 states show that disconnections have risen in at least 8 of them since last year, acc/to figures compiled by WaPo & the National #Energy Assistance Directors Association ( #NEADA).

#economy #affordability #Trump #inflation
https://wapo.st/3Xb0mXI

“But the policies they’ve chosen have created extra costs for businesses, & businesses tend to pass on costs,” Sahm added.

The cost of #Trump’s policies is likely to increase in the coming months.

His most inflationary policy is his campaign to build a wall of #tariffs around the US #economy. Tariffs are #taxes on imports, & they are *initially* paid by the businesses that bring goods into the #US.

#FactCheck #TrumpLies #inflation #affordability #CostOfLiving #recession #trumpcession

Reuters Exclusive: #Trump approval falls to lowest of his term over prices & #EpsteinFiles, Reuters/Ipsos poll finds

Trump's approval rating fell to 38%, the lowest since his return to power, with Americans unhappy about his handling of the #CostOfLiving & the investigation into #Epstein.

#affordability #economy #law #criminal #rape #ChildSexCrimes #felon47 #RapistInChief
https://www.reuters.com/world/us/trump-approval-falls-lowest-his-term-over-prices-epstein-files-reutersipsos-poll-2025-11-18/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement

Reuters Exclusive: #Trump approval falls to lowest of his term over prices & #EpsteinFiles, Reuters/Ipsos poll finds

Trump's approval rating fell to 38%, the lowest since his return to power, with Americans unhappy about his handling of the #CostOfLiving & the investigation into #Epstein.

#affordability #economy #law #criminal #rape #ChildSexCrimes #felon47 #RapistInChief
https://www.reuters.com/world/us/trump-approval-falls-lowest-his-term-over-prices-epstein-files-reutersipsos-poll-2025-11-18/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement

#GiftArticle

They bought #HealthInsurance promoted by #Trump. Then they needed surgery.

The cheap #health #insurance promoted by Trump officials has a catch.
Some states have banned “short-term” insurance plans with limited coverage, & consumer advocates have warned of the drawbacks.

#law #scammers #affordability #healthcare #HealthcareCrisis #CostOfLiving #economy #HealthyIfYoureWealthy #Aporophobia #SocialCleansing #EconomicDiscrimination #plutocracy #policy #USpol
https://wapo.st/4oRpNtt

#GiftArticle

They bought #HealthInsurance promoted by #Trump. Then they needed surgery.

The cheap #health #insurance promoted by Trump officials has a catch.
Some states have banned “short-term” insurance plans with limited coverage, & consumer advocates have warned of the drawbacks.

#law #scammers #affordability #healthcare #HealthcareCrisis #CostOfLiving #economy #HealthyIfYoureWealthy #Aporophobia #SocialCleansing #EconomicDiscrimination #plutocracy #policy #USpol
https://wapo.st/4oRpNtt

…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

Others who were part of the email chain included Almodovar, the CEO; COO Peter Akwaboah; Devang Doshi, a snr VP for capital markets; & John Roscoe, a #BillPulte loyalist & fmr #Trump White House aide, who served as #FannieMae’s executive VP of PR & operations.

Days later, Almodovar, McCoy & Evans…were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

In the Oct 11 message to Smith, Evans, the #FannieMae #mortgage executive, also added others to the email chain because they “were involved with this week’s efforts to compile this information” & he wanted to “make sure you do not exacerbate this issue.”

Danielle McCoy, Fannie Mae’s general counsel, weighed in, adding that the information Smith provided to #FreddieMac should “never be shared” & “could put the company at risk.”

#law #scammers #housing #affordability #BillPulte #Trump