Trump golden age claim meets reality of higher electricity and living costs.

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Regular folks not feeling any golden anything right now.

Trump called out for claiming ‘Golden Age’ has arrived while Americans suffer

Donald Trump has been branded “demented” after claiming that the United States is in its “golden age.”

The 80-year-old president made the outlandish claim while hosting Lebanese President Joseph Aoun in the White House on Tuesday. While taking questions in the Oval Office as he sat beside Aoun, Trump clashed with a reporter who asked about his plan for his war in Iran, claiming that she didn’t “know anything” about the conflict.

Later, he said he’s “honored” to go to Dover for the transfer of the remains of US soldiers who were recently killed in the Iran war and then threatened further escalation, saying “they haven’t seen anything yet.” The president then concluded the meeting with a bold claim, telling reporters, “There’s never been a time like this in America. Truly, it’s the golden age of America.”

Trump’s 18-month deadline to cut electricity prices in half has arrived. Rates are up 18%.

Donald Trump pledged on the campaign trail that he would slash electricity prices in half within 18 months of returning to the White House. That self-imposed deadline is today, and—as with many of the president’s promises—he appears to have fallen short of his goal.

From Trump’s inauguration in January 2025 to April 2026, the most recent month for which government data are available, residential electricity rates have risen by an eye-watering 18 percent. From April 2025 to April 2026, rates jumped by 7.3 percent, or about twice the rate of inflation, according to the Energy Information Administration.

Unfortunately, for many consumers, there is not much relief in sight.

Last week, PJM Interconnection, the nation’s largest grid operator, announced the results of its annual capacity auction, which determined the cost to procure power in the region for the 2028–2029 delivery year. The cost of the latest auction hit $16.4 billion, tying the previous auction’s record-high price and all but locking customers into historically high rates.