"Ain't Known A F—in Day Of Peace Since November" — The Latest Updates Are In On How Trump's Economy Is Doing...And It's Not Great

Want to cognize if Trump's system is really doing arsenic good arsenic helium promised? Subscribe to the Economy Hate Watch newsletter and ne'er miss our monthly update.

Hi there, my sanction is Alexa, and for each period of Donald Trump's presidency, I'm tracking the existent numbers achieved by his administration connected BuzzFeed.

(AKA, the unemployment rate, outgo of eggs, state prices, inflation, the Dow Jones, whether citizens received a stimulus check, and Trump's wide support rating.)

Unemployment isn't budging for now. Coming successful astatine 4.2% for the 3rd period successful a row, the percent of jobless Americans searching for positions has remained the same, according to the US Bureau of Labor Statistics. 

Eggs, eggs, eggs! Whether you're a baker babelike connected cheaper ovum prices oregon conscionable a location navigator craving pancakes, eggs were SUCH a immense speech astatine the commencement of Trump's presidency. In March, they (hopefully) reached a highest of $6.23 for a grade-A dozen. Now, we've dilatory inched down to a national mean of $4.55. 

My meal can't hold until we get backmost to a much comfy $2.99. For now, I inactive can't warrant a astir $5 terms tag. 

Though state prices per gallon fell by a fewer pennies month-over-month, May's nationalist mean of $3.278 teeters connected the borderline of hitting a five-month high, and it's expected to get much, overmuch worse. 

And wherefore is that? Well, arsenic you tin imagine, Trump's airstrikes connected Iran realllllly raised tensions betwixt the state and ours. And now, astatine the clip of writing, there's valid interest that Iran whitethorn retaliate by closing disconnected the Strait of Hormuz — aka, a way done which 20% of the WORLD's lipid proviso is shipped.

I'm not successful the lipid industry, but it's beauteous casual to conjecture what could perchance hap to state prices if our entree to lipid were severely limited. 

For a 2nd there, I thought we'd beryllium celebrating different period of decline. After all, shrinking ostentation is 1 of the talking points Trump repeatedly brags about. Just abbreviated weeks ago, the White House published a property merchandise titled "Under President Trump, America is Defeating Inflation." The memo is arguably misleading, though, arsenic ostentation really roseate from 2.3% successful April to 2.4% successful May according to the Bureau of Labor Statistics.

I've noticed the stimulus cheque voters person been verrrrrry quiescent since January. Where'd y'all go? 

Finally, we person Trump's support rating. According to Gallup, lone 43% of the state approves of however Donnie is handling his presidency. No different second-term president has had a May fig that debased since astatine slightest 1949. 

Those are our stats for May. Now, let's look astatine comments we received connected our last edition successful a small conception I similar to telephone ✨Comment Corner✨.

As a basal number, Biden closed retired his last afloat period arsenic president successful December with 100% crushed beef costing an mean of $5.58 per lb successful the US, according to the US Bureau of Labor Statistics.

Trump's numbers (including his 10ish days successful January) truthful acold are:

January 2025: $5.50 per pound

February 2025: $5.74 per pound

March 2025: $5.85 per pound 

April 2025:  $6.00 per pound

May 2025: $6.02 per pound

Not lone did Trump say, “When I win, I volition instantly bring prices down, starting connected time one...”

...He besides told NBC News that promises similar these — which person not travel to walk — are a important crushed wherefore helium believes helium won the presidency. 

“I won connected groceries. Very elemental word, groceries,” Trump said successful December. “When you bargain apples, erstwhile you bargain bacon, erstwhile you bargain eggs, they would treble and triple the terms implicit a abbreviated play of time, and I won an predetermination based connected that. We’re going to bring those prices mode down.”

Hi! I'm genuinely confused astir your comment.

By "opposite," are you asking whether we'll station astir Trump's economical successes? If so, this study has openly acknowledged and celebrated the diminution successful ovum prices and inflation. 

Also, erstwhile you suggest we are excessively threatened by immoderate benignant of "explosion" to station the truth, I wonderment astir your thoughts connected this newsletter's sourcing, which fundamentally pulls from administrations nether Trump, similar the US Bureau of Labor Statistics. Are you acrophobic astir his leadership? What's the tea?

Overall, it sounds similar everything you're looking for successful a truth-based newsletter is each close here! Please subscribe. :) 

Want to cognize if Trump's system is really doing arsenic good arsenic helium promised? Subscribe to the Economy Hate Watch newsletter and ne'er miss our monthly update.