economy
March 14, 2026
'Everything is going up': Americans struggle with affordability despite Trump’s claims
US workers are finding it difficult to afford basic necessities as the president claims ‘the economy is roaring back’
TL;DR
- Many US workers are struggling with the cost of living, finding it difficult to afford necessities like groceries and utilities.
- Despite President Trump's claims of a 'roaring back' economy, workers report their paychecks are not keeping up with rising prices.
- Food prices have increased by 2.9% year-over-year, and utility prices are up over 6%.
- Total household debt reached $18.8tn in Q4 2025, with delinquencies and credit card debt rising.
- Wages have stagnated for many low-wage earners, while higher-income Americans have seen faster wage growth.
- The Trump administration has implemented cuts to social safety net programs and is considering removing minimum wage and overtime protections.
- Tariffs have led to higher prices for consumers, with families paying an estimated $1,700 in added costs.
- The White House disputes these claims, stating that inflation is cooling and the economy is experiencing robust growth.
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