Inflation

US Wartime Economy: Bombshell Layoffs, Exploding Oil Prices

March 11, 2026 Steve Gillis, Workers World. Educate! Finance and the Economy, Inflation, Oil Prices, Unemployment, Wars and Militarism

It is often claimed by bourgeois economists, historians and politicians that endless war has been good for the U.S. capitalist economy, providing jobs in weapons production and the rebuilding of what U.S. bombs destroy. For example, the high school and college textbook “America’s History” (2011) argues throughout its telling of every war — from the 19th-century Civil War to the 1940s World War II, from the 1960s and 1970s slaughter in Vietnam to the 1991 and 2003 “shock and awe” bombings and occupation of Iraq — that U.S. wartime economies turned domestic capitalist economic recessions and depressions into general boom times for the population.

Trump’s Economy Is Hurting Americans

February 28, 2026 C .J. Polychroniou, Truthout Educate! Donald Trump, Finance and the Economy, Inflation, Tariffs

President Donald Trump is boasting about the economy one year into his term. He claims that inflation has been defeated, growth is unprecedented, incomes are rising, and his tariffs are generating hundreds of billions for the U.S. economy. This is all hogwash, according to progressive economist Gerald Epstein, a leading global authority on macroeconomic policy and finance. In the exclusive interview for Truthout that follows, Epstein explains how, in reality, Trump’s policies have created an affordability crisis, and the growing deficit and humongous public debt are now bringing the country close to a tipping point.

Why So Many Young Families Are Stuck Renting, Delaying Kids

January 18, 2026 Joey Rettino, Health Care Un-covered. Educate! Economic Security, Health Care, Inflation, Millenials

The youngest of Millennials will hit 30 years old this year. For them and their older Millennial-counterparts, this is supposed to be the stage of life where people buy homes, have kids and settle into the textbook version of stability. But the reality for far too many Americans is something entirely different. It means delaying marriage, delaying children, delaying homeownership — and adopting pets to save them from college tuitions and pediatric specialists. It’s not because an entire generation is collectively bucking the way “adulthood” used to be.

Instacart’s AI Experiments Are Costing Americans

December 20, 2025 Lindsay Owens, Inequality. Educate! Artificial Intelligence (AI), Groceries, Inflation, Instacart

Somewhere, a mom taps through her grocery app while waiting in the school pickup line, purchasing a box of Wheat Thins for $5.99. Across town, someone else scrolls through the same grocery app and adds the exact same box of Wheat Thins to their cart. For them, the crackers ring up at $6.99. It is the same item, from the same store, at the same time, but one unlucky shopper is stuck paying a higher price. Neither shopper has any idea this pricing game is even being played. This is not a hypothetical scenario. Increasingly, it’s happening all over the country. Right now, grocery delivery app Instacart is conducting large-scale, hidden pricing experiments on unsuspecting shoppers to determine just how much money they can extract from customers on the groceries they buy to feed their families.

Canada Has Become A Hostage Of Its Own Housing Bubble

December 14, 2025 James Hardwick, Canadian Dimension. Create! Affordable Housing, Canada, Housing, Inflation, Social Housing

At the beginning of the millennium home prices began rising faster than incomes. As time went on, housing became less and less affordable. When the global financial crisis hit in 2008 real estate values continued their rapid growth even as markets crashed in the United States and Britain. For a quarter-century rising housing costs outpaced wages, pricing out generations of Canadians and pushing thousands into homelessness. What would it take for home-price-to-income ratios to return to the level of the early aughts? What would need to happen for housing to become affordable again?

Cost-Of-Living Crisis Persists For US Workers

December 13, 2025 Devin B. Martinez, People's Dispatch. Educate! Inflation, Trump Administration, US Economy, Working Class

“I’m drowning in debt,” says Samuel De La Cruz, a 34-year-old aspiring software engineer (once a highly stable, almost foolproof career) struggling to make ends meet. Stories like his are increasingly common for millions of US households. Yet, on December 9, the White House released a self-congratulating statement claiming that the cost-of-living crisis in the United States is being reversed under the Trump Administration. The president’s cartoonish claims of an “A++++” economy are starkly at odds with the day-to-day experience of the vast majority of the population.

America Didn’t Have A Boom This Black Friday

December 7, 2025 Sean Carleton, Counter Punch. Educate! Black Friday, Debt, Economic insecurity, Inflation

Black Friday set another record this year. Reporters treated it as proof that Americans still have strength in their wallets and that the economy has life in it. The president called it the “Trump Bump.” The headlines bragged about an eleven point eight billion dollar day and analysts lined up to praise the numbers. None of it holds up once you look at how people paid for those purchases and how much strain sits underneath those sales. A record weekend in a hollowed out economy is not a sign of confidence. It is a sign of how far people will push themselves to give their kids one normal holiday in a year that left them with nothing extra. The record spending didn’t come from rising wages or cash that families finally had on hand.

Wage Stagnation Vs. Living Wages For US Workers Today

November 4, 2025 Robert Pollin, Dollars and Sense. Educate! Inflation, Living Wage, Minimum Wage, Wages, Worker Rights

At the end of last August, President Donald Trump asserted that average wages for U.S. workers had risen by $546 during the first six months since he returned to office in January 2025. As with virtually all of Trump’s pronouncements, this one bears little relationship to the truth. In fact, when using the most reliable government data on wages and then controlling for inflation, workers’ wages did still rise under Trump, but by $26—that’s 95% less than the $546 average pay raise proclaimed by Trump. The reality of wage stagnation under Trump is fully consistent with his broader attack on working people.

How A Fed Overhaul Could Eliminate The Federal Debt Crisis

October 31, 2025 Ellen Brown, Scheer Post. Create! Congress, Debt, Federal Reserve, Finance and the Economy, Inflation

There has been considerable discussion in recent years about reforming, modifying, or even abolishing the Federal Reserve. Proposals range from ending its independence, to integrating its functions into the U.S. Treasury Department, to dismantling it and returning monetary policy to direct congressional or Treasury oversight. The Federal Reserve Board Abolition Act (H.R. 1846 and S. 869, 119th Congress, 2025-2026), introduced by Rep. Thomas Massie in the House and Sen. Mike Lee in the Senate on March 4, 2025, calls for abolishing the Fed’s Board of Governors and regional banks within one year of enactment, liquidating Fed assets and transferring net proceeds to the Treasury.

The Biggest Bargaining Mistake Unions Are Making In 2025

October 7, 2025 Richard De Vries, Labor Notes. Strategize! Collective bargaining, Inflation, Unions, Wages, Worker Rights and Jobs

When unions get ready for bargaining, we tend to look at the wage scale in our existing contract and think something like, “Let’s open with a proposal for a 5 percent raise every year, and maybe eventually we’ll settle at 3.75 percent.” This type of proposal was made out of habit when inflation was around 2 percent. While that may seem like a logical way to approach negotiations, you’re making a big mistake if you don’t take a closer look at the numbers. The error that many bargaining teams make is not reviewing the cost of living each of the previous five years. Because of extreme inflation during the last five years, minimum increases of as much as 10 percent may be needed to restore purchasing power.

Shining A Spotlight On The Federal Reserve’s War On The Working Class

August 7, 2025 Jon Jeter, Black Agenda Report. Educate! Federal Reserve, Inflation, Stagflation, Working Class

Describing the Federal Reserve chair’s monetary policies as “ill-advised,” the President and his Treasury Secretary doubled down on the White House’s urgent message: the central bank’s steadfast refusal to lower interest rates was strangling the economy by making it too costly for creditworthy borrowers—from prospective homebuyers to small business owners—to take out a loan. In a television interview, the President took aim at the Federal Reserve’s monetarist approach, which relies too much on a single factor—the money supply or the actual pool of banknotes in circulation—to tame inflation. Tightening the money supply through high interest rates tends to exert downward pressure on inflation, but it also discourages borrowing, and consequently, business activity that drives a consumer economy.

Food Prices And Stagnating Wages Weigh On US Residents

August 5, 2025 TeleSur, Orinoco Tribune. Educate! Food, Inflation, Poverty, Wages

New economic data and surveys reveal growing financial anxiety among US nationals, who are grappling with rising food prices and slowing wage growth. Nearly seven months after Donald Trump returned to the White House, the promised “golden age” has not materialized for most, according to polls. According to a recent Associated Press–NORC Center for Public Affairs Research survey, the vast majority of US adults feel stressed about food costs. This concern is particularly acute for low-income US residents, among whom 64% say grocery prices are one of their top sources of stress.

Big Corporations Are Using Trump Trade Chaos To Jack Up Prices

July 30, 2025 Brad Reed, Scheer Post. Educate! Inflation, Tariffs, Trade, Trump Administration

The effects of U.S. President Donald Trump’s tariffs are winding their way through the American economy, and a new piece of analysis claims that corporate America is using them as “cover” to further jack up prices. Progressive advocacy group Groundwork Collaborative issued a new report on Tuesday that uses corporate executives’ own words to show how many firms are taking advantage of the tariff situation by using it as an all-purpose justification for price increases. The report found many of these executives’ admissions through quarterly earnings calls in which they discussed plans to increase costs even if their inputs were not being significantly affected by the tariffs.

This Is Why Trump’s Tariffs Will Fail

April 5, 2025 Ben Norton, Geopolitical Economy. Resistance Report ASEAN, BRICS, China, De-dollarization, Donald Trump, Inflation, Japan, Tariffs, Trade, Vietnam

In his first term as president of the United States, Donald Trump launched a trade war against China. In his second term, he has expanded that trade war to many countries around the world. In a ceremony outside the White House on April 2, which the US president dubbed “Liberation Day”, Trump announced sweeping new tariffs on dozens of countries, including high taxes on imports from top US trading partners: 54% on China, 46% on Vietnam, 25% on South Korea, 24% on Japan, and 20% on the European Union. Trump falsely claimed that these tariffs were “reciprocal”, but they were actually unilateral.

Is Trump ‘Making America Affordable Again’?

February 28, 2025 Natalia Marques, People's Dispatch. Strategize! Capitalism, Donald Trump, grocery prices, Inflation, Profit, Rent, United States

US President Trump ran his campaign on a pledge to “make America affordable again,” following the inflationary crisis during Biden’s administration. But since the beginning of his presidency, the cost of living crisis, including the cost of staple grocery items and rent, has persisted. Peoples Dispatch spoke to economist Richard Wolff, who outlined that “prices are shaped by many factors, and only a few of those are under the control of any president.” “Trump did what American politicians usually do, which is take a cheap shot at his political enemies by blaming them for something bad going on in this case, inflation,” Wolff said.

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