Memorial Day weekend is here. This is what Trump's economy is serving up👇
Overall, holiday staples are up 13% on average — 4x overall inflation.
Trump: "I don't think about Americans' financial situation." That's obvious.
https://groundworkcollaborative.org/work/as-summer-kicks-off-memorial-day-staples-up-13-on-average-and-travel-prices-soar/
🚨🚨 NEW: As you fill up the cooler, the car, or the suitcase for Memorial Day weekend, expect more pain in your wallet.
Cookout staples are up 13% from last year.
Gas is up 51% from February.
Airfare is up 21% from last year.
Another banger from @Groundwork & @TCFdotorg:
Before you fire up the grill this Memorial Day weekend, learn about how Trump’s tariffs are jacking up the cost of the corn and bratwurst on your plate.
(Spoiler: you’ll probably have to shell out more than you budgeted for your cookout.)
@Groundwork @TCFdotorg @scrippsnews Economists say we're just starting to see the downstream impacts of the war on groceries and other products, and it will likely get worse as the war drags on. WH describes the surging costs as "temporary disruptions"
Lots more in the story here:
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Scooplet: Americans know summer travel will be more expensive this year due to the Iran war. But even those staying home for a Memorial Day BBQ will see significantly increased costs, a @Groundwork/@TCFdotorg analysis shared exclusively with @scrippsnews shows
1/3
pumped to read this
I hope folks pre-order this if they can. If you're concerned about the cost of living, you'll want to know about the corporate strategies Lindsay uncovers in this book. Plus it reads like a whodunit, not a boring treatise!
Must buy this book and dog ear it. If enough people read it, will cause revolutions in city, state, and federal law.
I’ve had the pleasure of reading Gouged (2.5 times) and @owenslindsay1 has written a hit. A true crime story where the robbers are in plain view: on CNBC and earnings calls, bragging about how they’re fleecing you.
Cannot wait for this to come out!
Price gouging, surveillance, AI-driven "upselling"-- across the economy, Big Tech and Wall Street work together to raise the cost of everything.
I'm incredibly excited to dig into this story and there is no one better to tell it than @owenslindsay1.
This is great news! @owenslindsay1 is not only incredibly smart, but she's also a great storyteller. This book is a must-read for anyone working in economic policy, but I'll also be recommending it to my non-work buddies who just want to understand why we're all feeling gouged!
You might not have noticed but might just have that feeling that prices are too damn high: We are living in an age of gouging and @owenslindsay1 shows you all the ways corporations are taking advantage.
Happy graduation season! Now wonder grads are booing.
As explained by @Groundwork Gen Z Correspondent @NiaMLaw and Senior Fellow Janelle Jones in March:
You can preorder the book now!
Guys…I wrote a book.
If you like my work to pull back the curtain on how companies like Google, Delta, Instacart, & more are deploying new technologies to empty your wallet, then you’re not going to want to miss it.
This book will send shivers down CEOs’ spines. The mere