Trump and the Republican Party unleashed chaos on the American economy and families who trusted them to lower costs, raise wages, and create new jobs. We’re not surprised Americans aren’t buying what Trump is selling. Take a look at the lowlights of the Trump economy hitting families hard:
- Trump’s tariff announcement almost immediately prompted layoff announcements from carmaker Stellantis NV and the Whirlpool Corporation.
- Trump’s reckless trade war triggered a full-blown crisis in the agriculture sector. Soybean, pork, and grain producers are seeing their livelihoods dry up, with no end in sight. Massive cuts to the Department of Agriculture’s services left rural communities without critical support for conservation, farm loans, and disaster assistance, turning an economic disaster into a full-scale collapse.
- Major life milestones like getting married, having a child, reaching retirement age, or starting a business are getting more expensive thanks to Trump and the Republicans who support him.
- The damage is already done for many businesses and American households as prices have gone through the roof on mattresses, toys, strollers, and big-ticket purchases that many families need.
- An analysis from the Yale Budget Lab shows Trump’s chaotic policies will cost almost half a million American jobs and raise the cost of living for households by an average of $2,800, with the poorest Americans paying a disproportionate share of the costs.
- Walmart, the largest retailer in the country, called Trump’s tariffs “too high” and announced “higher tariffs will result in higher prices” at their stores beginning later this month.
Published: May 16, 2025 | Last Modified: May 19, 2025