The latest Bureau of Economic Analysis report shows the Trump economy is tilted toward the wealthy, leaving working Americans on Main Street behind.
The report shows:
- Prices keep rising: The personal consumption expenditures index climbed 2.1 percent, with core prices up 2.6 percent. Families are paying more for food, housing, and healthcare while wages remain stuck.
- Cuts to local community services: Government output fell by 3.2 percent, forcing local schools, cities, and public services to do more with less.
- Rich get richer: Corporate profits rose by billions, even as households struggle to cover rent and groceries. The Trump economy rewards Wall Street and billionaire donors while Main Street families are left behind.
“Donald Trump promised working people relief, but his economy is delivering record gains to the rich while everyday families get crushed by higher prices,” said American Bridge 21st Century spokesperson Brandon Weathersby. “The wealthy and well-connected may be doing just fine, but on Main Street, parents are forced to stretch every dollar.”
Trump’s allies brag about the state of the economy, but the reality is it’s an economy built for the top, not the middle class. The latest Consumer Price Index data showed prices for all items rose in August, and in the last year, prices for all items increased 2.9%.
According to the Yale Budget Lab, Trump’s tariff tax is expected to push between 650,000 and 875,000 more Americans into poverty. The price level from all 2025 tariffs is estimated to increase by 1.7%, translating into an average income loss of roughly $2,300 per household this year. For families already stretched by rising food and housing costs, these losses hit hardest, draining their budgets and forcing tough choices about daily essentials.
Published: Sep 25, 2025 | Last Modified: Sep 29, 2025