{"id":1209,"date":"2026-06-11T15:42:40","date_gmt":"2026-06-11T15:42:40","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=1209"},"modified":"2026-06-11T15:42:40","modified_gmt":"2026-06-11T15:42:40","slug":"trumps-big-brag-implodes-in-disastrous-reversal","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=1209","title":{"rendered":"Trump\u2019s Big Brag Implodes in Disastrous Reversal"},"content":{"rendered":"<article>\n<p>President Donald Trump has repeatedly pointed to the economy as one of his administration\u2019s signature successes, but new figures suggest that claim does not hold up under scrutiny.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1208\">RFK Jr. Melts Down Over Embarrassing Revelations About His Leadership<\/a><\/p>\n<p>Inflation-adjusted wages for most workers have risen by just 0.1 percent since Trump\u2019s return to office in January 2025, according to Axios, meaning workers aren\u2019t actually better off in real terms.<\/p>\n<div>\n<p>Rising real wages have been repeatedly used by the White House to argue that the economy is strengthening. <\/p>\n<\/div>\n<p>\u201cIn President Donald J. Trump\u2019s first five months in office, real wages for hourly workers have seen their largest increase under any administration in nearly 60 years,\u201d the White House said in a 2025 statement. \u201cBlue-collar workers have seen real wages grow almost two percent in the first five months of President Trump\u2019s second term.\u201d<\/p>\n<p>The administration amplified that message through senior officials, with Treasury Secretary Scott Bessent telling the New York Post: \u201cThe only other time it has been this high \u2026 was during President Trump\u2019s first term.\u201d <\/p>\n<p>He also appeared on a New York Post podcast to promote what he described as a near-record-setting economic performance.<\/p>\n<p>But any gains in wages that built up over the year have essentially been wiped out in the past few months due to inflation.<\/p>\n<p>While average hourly pay for production and nonsupervisory workers\u2014a common stand-in for working-class private-sector employees\u2014has risen by about 4.9 percent since January 2025, once rising prices are factored in, those gains largely disappear. <\/p>\n<p>In real, inflation-adjusted terms, wages for the same group are effectively flat\u2014up just about 0.1 percent, according to Axios.<\/p>\n<p>That is because inflation rose 4.2 percent over the 12 months through May, the fastest rate since April 2023.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1206\">Trump\u2019s Event Disaster Deepens With Embarrassing New Exodus<\/a><\/p>\n<p>The Daily Beast has contacted the White House for comment.<\/p>\n<p>Energy prices were a major driver of the increase, as the Iran war disrupted global oil markets and pushed fuel costs sharply higher.<\/p>\n<p>The national average price for regular gas has climbed above $4.50 a gallon, according to AAA. In seven states, the average price of gasoline has exceeded $5 per gallon.<\/p>\n<div><\/div>\n<p>Meanwhile, oil prices have surged by about 35 percent. Overall, energy prices are up 3.8 percent.<\/p>\n<p>In total, the war in Iran has cost U.S. households $100 billion so far. That amounts to nearly $750 a household.<\/p>\n<p>Amid the price rises, polls have shown that Americans are feeling more negative about the economy than ever.<\/p>\n<p>A recent Reuters\/Ipsos survey found 70 percent of Americans disapprove of Trump\u2019s handling of the cost of living, compared with 22 percent who approve, with his economic ratings slipping below those recorded for Joe Biden at the end of his term. <\/p>\n<p>A separate Edward Jones\/Gallup survey found that roughly one-third of Americans describe themselves as financially stressed. Meanwhile, a Marist poll found that 70 percent say the cost of living in their area is not very or not at all affordable.<\/p>\n<p>Still, Trump has dismissed any concerns about price increases.<\/p>\n<div>\n<p>In remarks from the Oval Office this week, Trump downplayed concerns about the latest inflation data, insisting the economic picture was positive. \u201cThe numbers were great,\u201d he said when asked whether he was worried about the report.<\/p>\n<\/div>\n<p>He went on to double down on his assessment of prices, saying, \u201cI love the inflation,\u201d and later argued that energy costs would soon ease, adding that oil prices were \u201cgoing to come down like a rock\u201d once the war ends.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1204\">Fuming Trump Vows Dramatic War Escalation After Deal Disaster<\/a><\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump has repeatedly pointed to the economy as one of his administration\u2019s signature successes, but new figures suggest that claim does not hold up under scrutiny. Read more RFK Jr. Melts Down Over Embarrassing Revelations About His Leadership Inflation-adjusted wages for most workers have risen by just 0.1 percent since Trump\u2019s return to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1184,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump\u2019s Big Brag Implodes in Disastrous Reversal - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=1209\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s Big Brag Implodes in Disastrous Reversal - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump has repeatedly pointed to the economy as one of his administration\u2019s signature successes, but new figures suggest that claim does not hold up under scrutiny. 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