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Economic Speakers Bureau

@econspeakers

The average Illinois household has paid nearly $2,600 more for goods since Trump took office, and costs continue to rise. @mnegron01.bsky.social joined @fox32chicago.bsky.social to explain how Trump’s tariffs and war are driving up costs across the economy and squeezing Americans’ wallets.

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The Trump administration inherited a better-functioning IRS with better customer service and faster refunds. In one year, it has been dramatically hollowed out. @asteephen.bsky.social warns taxpayers may face longer delays and more mistakes that will cost working families the most.

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Trump’s tariffs, war with Iran, and other policy choices continue to harm working Americans and drive up prices. As Aya Ibrahim said: “50-75% of the increase in inflation over the Federal Reserve’s target is a result of the tariffs.”

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The IRS hired only 50 customer service reps this year, missing its hiring goal by 98%. Julie Brinn Siegel says with new complicated tax provisions and fewer staff, families are facing longer wait times, delayed refunds, and increased scam risks.

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Rohit Chopra on @weeknightmsnow.bsky.social: As Trump downplays rising prices, major corporations report consumers delaying purchases, buying less, and relying more on credit — clear signs families are cutting back on essentials and taking on more debt just to get by.

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"Right now, there are more children in shelters than there are seats in Yankee Stadium. This is not a program to cut back on." — Christine Quinn explains without CityFHEPS vouchers, more than half of families cycle back into NYC shelters, driving up costs and harming kids in the process.

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@alexsjacquez.bsky.social: Trump’s tariffs and war with Iran are fueling higher prices across the economy. While the wealthiest Americans keep spending, working families are forced to cut back as gas, groceries, and housing get more expensive.

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High prices aren’t going away anytime soon thanks to President Trump’s unnecessary war. “This is going to bleed into the summer and fall,” hurting farmers and consumers, says Gbenga Ajilore on WHSV News.

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Americans have paid $16B more at the pump since Trump’s war with Iran began. Kitty Richards joined ABC News Live to break down higher costs across the economy as consumer sentiment hits new lows. "Anything that requires fuel or transportation is gonna see a price increase."

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