Exclusive poll: Inflation remains a concern despite president’s pledge to reduce prices on ‘day one’
Nine months after Donald Trump took office, promising to reduce prices on “day one”, a clear majority of Americans say their monthly costs have risen by between $100 and $749, according to an exclusive new poll conducted for the Guardian.
The president has continued to insist that there is “virtually no inflation”. “Prices are ‘WAY DOWN’ in the USA,” Trump wrote on social media in late August.
Yet according to a new Harris poll, Americans are still reporting soaring inflation and are increasingly pessimistic about the economy.
Earlier this week I had to go back to my expenses/shopping records from last year and while I was there I decided to spend a few minutes comparing costs. I obviously knew shit is more expensive than in 2024, but I was still a bit surprised at just how much stuff has gone up.
And, yes it sucked when this happened in the covid years under the Biden administration, but at least then it was a worldwide phenomenon and there were logical reasons for it. This time around it’s happening due to pure incompetence if not outright malice.
But also, why is fucking hot sauce up 20%? Coffee 50%? Hamburger almost double? I mean I’m glad the 5 gallon buckets I bought last year are down 10%, but those don’t really put a dent in my weekly budget.
Something like over half the price increases are because the businesses are able to raise prices and consumers still buy. So high prices are in large part due to greed. The rest I assume are increased input costs and costs of doing business.