🚨 JUST IN: President Trump takes huge victory lap on the economists and experts after latest inflation report
“It has been shown that, for the most part, Consumers aren’t even paying these Tariffs, it is mostly Companies and Governments, many of them Foreign, picking up the… pic.twitter.com/M3b4E4iXuQ
— Eric Daugherty (@EricLDaugh) August 12, 2025
Americans are struggling financially, grappling with debt and the rising cost of living, and are blaming the Trump administration and corporate interests for worsening economic outlooks for working families, according to a new poll.
Six out of 10 Americans place blame on the Trump administration for driving up their cost of living, according to a poll conducted by Morning Consult for the Century Foundation, which asked 2,007 Americans how they are managing the high cost of living in the US economy, who they think is to blame and what are the solutions.
Sixty three per cent said Trump had had a negative impact on grocery prices, and 61% said he had had a negative impact on the cost of living. Nearly half, 49%, said the Trump administration had had a negative impact on their finances. Nearly eight out of 10 Americans, including 70% of Republicans, fear that Trump’s tariffs will increase the price of everyday goods.
“Donald Trump has simultaneously raised prices on everyday goods through a reckless approach to tariffs, a decimation of programs that help Americans afford healthcare, education, food and childcare, and then kneecapping federal regulators who keep banks and other big businesses from swindling consumers,” said Julie Margetta Morgan, president of the Century Foundation.
“This has created an alarming set of market conditions. Americans are left on their own to face high prices and low earnings, are building their own safety nets from a web of financial products, credit cards, buy now, pay later loans, payday loans and student debt, and companies have been given the green light to manipulate these products to boost their own profits without having to worry about following the law.”
According to the poll, more than six out of 10 Americans said it had become more difficult to find a good paying job, buy a home and afford childcare.
More than four out of five Americans, 83%, said they were concerned about the cost of groceries, with 46% saying they were very concerned. Some 47% said they were worried about being able to pay their rent or mortgage, 64% said they were worried about affording an unexpected medical expense.
https://www.theguardian.com/business/2025/aug/01/trump-inflation-cost-of-living-poll