Americans
have made it clear for months in survey data that they are struggling
with the cost of groceries, housing, and pretty much everything else.
President Donald Trump’s war with Iran continues to make those problems
worse in very visible ways.
According to new figures
released by the U.S. Bureau of Labor Statistics on Tuesday, the
Consumer Price Index rose by 3.8 percent in April, compared to a year
prior, with prices rising by 0.6 percent from just March alone. Per CNBC,
this marks the highest rate since May 2023, when Joe Biden was
contending with the inflation that irreversibly damaged his presidency.
Excluding volatile food and energy prices, the Labor Department also
reported that the core CPI rose 0.4 percent from last month and 2.8
percent over the course of the year.
The
new federal data also noted a rise in typical expenses for the American
consumer. In April, energy prices increased by 3.8 percent from the
previous month. The cost of groceries is up 0.7 percent from March and
by 2.9 percent since last year, likely bolstered by the price of beef,
which rose by 2.7 percent over the month. Airline fares also saw a jump
in costs, rising by 2.8 percent in April. The rising price of gas is
likely bleeding into the higher prices shoppers are seeing at the
grocery store because of impacts on the supply chain, as The Wall Street Journal noted in a recent report.
Gasoline
prices started to spike after the United States launched joint strikes
with Israel against Iran on February 28, marking the start of a
monthslong conflict that has interrupted shipping in the Strait of
Hormuz, which transports a fifth of the global oil supply. As of
Tuesday, AAA reports that the national average for a gallon of regular
gas is $4.50.
,
With
rising gas prices, mortgage rates and consumer prices, most Americans
say they blame President Donald Trump for the increased cost of living
and worsening economic conditions, according to a new poll.
[. . .]
Roughly
10 percent of CNN/SSRS survey respondents said that the cost of housing
and the housing market were the biggest issues facing their families.
The biggest issues facing their families?
So
surely this economic crisis is occupying Chump's time and his mind
constantly. He must stay up late at night trying to figure out how to
fix it -- especially since he's the one who caused all of this mess.
Right?
President
Donald Trump used the ongoing discourse over his decision to re-paint
the Lincoln Memorial’s Reflecting Pool to hurl criticism against his
opponents this week.
In a post shared to his
Truth Social platform early Tuesday, Trump shared an AI-produced image
showing former President Joe Biden, former President Barack Obama and
House Speaker Emerita Nancy Pelosi (D-Calif.) bathing up to their necks
in a version of the pool that was filled with human waste.
Barack, Joe and Nancy? That's what Chump is focusing on? Has the dementia taken over completely?
Do the American people and their concerns not matter at all?
The
president made a stark admission on Tuesday, saying that he does not
consider the finances of the American people when negotiating with Iran.
The
president paused to speak to reporters before embarking on his historic
trip to China. There, Trump will meet with President Xi Jinping, to
discuss trade relations and the ongoing war with Iran. On Tuesday
afternoon, a reporter questioned whether Trump is fully considering the
economic strain that the war has put on everyday Americans.
"When
you're negotiating with Iran, Mr. President, to what extent are
Americans' financial situations motivating you to make a deal?" a
reporter asked.
"Not even a little bit," Trump
said firmly. "The only thing that matters when I'm talking about Iran,
they can't have a nuclear weapon. I don't think about Americans'
financial situation, I don't think about anybody."
Over
the roar of Marine One, President Donald Trump made a shocking
statement to a reporter who had asked specifically "to what extent ...
Americans' financial situations are motivating" him to make a deal with
Iran.
"Not
even a little bit," the president said Tuesday. "The only thing that
matters when I'm talking about Iran [is] they can't have a nuclear
weapon. I don't think about Americans' financial situations — I don't
think about anybody.["]
So
the American people don't enter his dementia addled brain? We are not
his concern. Our economic plight -- created and fostered by him -- is
not his concern.
Last
year, FIFA president Gianni Infantino hailed the upcoming World Cup as
the equivalent of “104 Super Bowls,” quantifying just how big the sport
known as football worldwide is—or, at least in comparison to America’s
football version. With the average Super Bowl getting 125.6 million
views annually, Infantino expects the World Cup to attract the
equivalent viewership of three Super Bowls a day for all 39 days of the
competition. FIFA predicts games would touch six billion viewers
globally, and expects the influx of travelers and tourism will help
contribute to a projected $30.5 billion economic windfall for the three
host countries of the U.S, Mexico and Canada.
The U.S. hospitality industry, however, is skeptical of the event’s money-making promises.
Of
more than 200 hotels surveyed across the 11 U.S. host cities, nearly
80% said hotel bookings are tracking below initial forecasts, a new
report from the American Hotel and Lodging Association (AHLA) found.
Though FIFA data shows more than five million tickets have already been
booked for the event, “indicators suggest the anticipated economic lift
may fall short of expectations,” the report said.
[. . .]
The
hotels surveyed—in the cities of Kansas City, New York, Los Angeles,
Boston, Seattle, San Francisco, Houston, Dallas, Miami, Philadelphia,
and Atlanta—blamed low international demand, with some saying booking
pace was trending below even typical summer expectations.
Last year, FIFA President Gianni Infantino likened this year’s World Cup to “104 Super Bowls.”
With the soccer tournament a month away, that’s feeling like a stretch.
In Seattle, which will host six
matches, bullish expectations for the local tourism economy have
dampened. Many other cities are in the same boat.
The World Cup will take place between June and July, with 104 games scheduled in 16 cities across the U.S., Canada and Mexico.
Millions of tickets sold for the U.S.
matches haven’t translated to hotel bookings, as domestic travelers
outpace those from other countries, according to an analysis from the American Hotel and Lodging Association.
In Seattle, nearly 80% of respondents
to the association’s survey reported bookings below expectations, and
behind a typical summer. Many industry professionals across the country
called the World Cup a “non-event” for their businesses.
Cities
across the United States have seen up to a 65 percent decrease in
Canadian tourism as the relationship between the two countries frayed
amid President Donald Trump’s tariffs and talk of making Canada the 51st
state, according to a new report from the University of Toronto, whose
lead author told Newsweek that the decline spans more than just tourists
and snowbirds.
Washington
and Ottawa have long been political allies on the global stage, but
that relationship has been tested by Trump’s escalated rhetoric toward
Canada. His tariffs and annexation threats caused many Canadians to
avoid travel to the United States, carrying economic consequences for
cities and businesses dependent on tourism from Canadians. The new data
reveals which cities have been hit hardest amid the Canadian tourism
plunge.
U.S. cities have seen declines in Canadian tourism of up to 65 percent, according to the data.
The economic effects of President Donald Trump's disruptive approach to
foreign policy are coming into sharper focus with a year's worth of
data.
As expected, a range of numbers like border crossings and hotel
bookings show how Trump's trade war has killed off a large segment of Canadian tourism.
But new analysis from the University of Toronto's School of Cities now shows that other areas of the economy have taken a major hit as well.
Using cell phone data, researchers Karen Chapple, Yihoi Jung, and
Jeff Allen documented an average year-over-year decline in Canadian
visits to US cities of approximately 42%. That's a much larger hit than
the 25% drop previously estimated based on border crossing data.
"The
top 20 cities were a number of big metros that aren't exactly known as,
you know, big tourist areas," Chapple told Business Insider.
Murray: “We need
somebody at this agency who’s focused on solving criminal cases, not
passing out branded bourbon, or jetting around the globe. Your job is to
be reachable. … If you want to pass out liquor, or pop bottles in a
locker room, stick to podcasting.”
ICYMI: Senator Murray on President Trump’s FY27 Budget Request
***WATCH: Senator Murray’s full questioning***
Washington, D.C. — Today—at a Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing
on the FY27 budget requests for the Federal Bureau of Investigation
(FBI); the Drug Enforcement Administration (DEA); the United States
Marshals Service (USMS); and the Bureau of Alcohol, Tobacco, Firearms
and Explosives (ATF)—U.S. Senator Patty Murray (D-WA), Vice Chair
of the Senate Appropriations Committee, questioned FBI Director Kash
Patel on steps he’s taken that have undermined the Bureau’s mission and
on his fitness for the role.
Appearing at the hearing as witnesses were: Kash Patel, Director of
the FBI; Robert Cekada, Director of the ATF; Gadyaces S. Serralta,
Director of the U.S. Marshals Service; and Terrance C. Cole,
Administrator of the DEA.
[PRESIDENTIAL PARDONS UNDERMINE FBI’S WORK]
Senator Murray began by drawing attention to the FBI successfully
going after fraud and how Trump’s recent pardons undermine that
important work.
MURRAY: Director Patel, I want to start by
recognizing important work by the FBI to crack down on fraud. In one
case, the FBI helped bring to justice multiple former business owners
who orchestrated a $205 million Medicare fraud scheme on the American
people.
And those business owners filed nearly a million false claims for
services that they never provided to any patients. Literally stealing
from American taxpayers and preying on vulnerable people who are
suffering from Alzheimer’s, and dementia, and substance abuse. But
thanks to the FBI, those crooks were held accountable.
So, I just wanted to ask you today if you would pass along my
gratitude to those FBI agents for their tireless work bringing those
criminals to justice?
PATEL: I will, ma’am. The fraud work is often overlooked, and I greatly appreciate that.
MURRAY: And very important, but I do have to say
unfortunately, President Trump—the guy who says he’s going after
fraud—granted this man, Lawrence Duran, clemency last June. He was set
free and let off the hook for the $87 million he owed in restitution.
And Trump granted clemency to Duran’s business partner last
February–cutting well short her 35-year prison term.
He literally undid the important justice work the FBI served and let fraudsters off the hook, and I find that deeply disturbing.
[TAKING FBI AGENTS OFF THE BEAT]
Senator Murray continued by pressing Director Patel on how his
efforts to reassign FBI agents en masse to support Trump’s mass
deportation agenda have pulled resources away from critical missions and
jeopardized public safety.
MURRAY: I want to take a moment to reiterate the
important role of DOJ law enforcement in keeping all of us safe. Those
agents and deputy marshals are absolutely critical to making sure public
safety and solving crime, but I worry that instead of pursuing these
child abusers, or terrorists, or drug traffickers, or other criminals,
you have our agents spending time carrying out Stephen Miller’s mass
deportation agenda and harassing families and children.
I want to ask you, Director Patel, how many FBI agents have been reassigned to work on immigration enforcement?
PATEL: No one at the FBI has been reassigned to work solely on immigration, ma’am.
MURRAY: Well, I would differ with you because
according to the Cato Institute, more than two thousand FBI agents were
reassigned to work on immigration enforcement in 2025.
And by the way, it’s not just the FBI. More than 2,000 agents from
the DEA, more than 600 from the Marshals Service, and more than 1,000
ATF agents are spending their time on immigration enforcement.
That has, really, pulled critical, highly trained assets off of work
to keep our communities safe from drugs, guns, and other threats, and I
find that deeply disturbing.
[INVESTIGATING JOURNALISTS]
Senator Murray then addressed grave concerns about Patel’s fitness
for the role that have been underscored in recent reports and pressed
him on reporting suggesting he is using FBI resources to investigate
reporters who’ve covered him.
MURRAY: Now, Director Patel, I want to ask you about
a number of extremely troubling stories recently about your leadership
and temperament, and what’s happened to the FBI with you at the top.
And in response to all the concerns about your leadership, instead of
righting the ship, you’ve taken to polygraphing your employees to scare
them and attempt to rat out leakers. There are reports that you are
using FBI resources to investigate journalists for reporting what’s
going on. That is absolutely not what this committee intended when we
funded the Bureau.
So, can you commit to this committee today that no agent-hours have
been pulled from other work, like counterterrorism or violent crime
investigations, to work on matters related to negative press about you
or your personal lawsuit?
PATEL: Senator, I greatly appreciate the question,
and I can tell you unequivocally this FBI is targeting and investigating
no journalists. This FBI is targeting no journalists. The Obama and
Biden administrations targeted dozens of journalists, sent out 1200
interviews—
MURRAY: I didn’t ask you about the Biden
administration, I asked if you could commit to this committee that no
agent hours have been pulled from other work.
PATEL: We have not done so.
MURRAY: Okay well there are reports that you’re
using FBI resources to investigate journalists. You are saying to this
committee today that is not true.
PATEL: That’s correct, ma’am.
[PATEL’S FITNESS TO LEAD FBI]
MURRAY: Let me just say, Director Patel. We need a
serious budget for the FBI, but we also need serious leadership. And I
will say this; there is one clear priority in Trump’s overall budget—and
it isn’t law and order. It is war.
Because while Trump is proposing cuts to programs that really do keep
people safe, he wants to increase war spending by half a trillion
dollars. And I don’t need to tell anyone here: we are not going to bomb
our way to safer communities.
So, I intend to help rip that budget up and help write bills that keep families safe.
But beyond that budget, we need serious leadership at the FBI that
the American people can trust. And I am deeply concerned about the
reports that your leadership has not been serious. We need somebody at
this agency who’s focused on solving criminal cases not passing out
branded bourbon, or jetting around the globe. Your job is to be
reachable.
And I know Senator Van Hollen asked you about this, but I have got to
say, if you want to pass out liquor, or pop bottles in a locker room,
stick to podcasting. Leave law and order to people who really do care
more about justice and appearances, that is really critical. It’s what I
am really deeply concerned about and so are many people.
PATEL: Can I respond? This is what real leadership
looks like at the FBI. Every one of you was given it. This is what’s
happened under my tenure at the FBI and the Trump administration.
Twenty-point drop in the homicide rate. 45,000 violent offenders
arrested last year, twice as many as 2024. 2,450 criminal gangs
disrupted, that’s a 322% increase from 2024. 6,900 child victims have
been located since I’ve been in the seat, that’s a 144% increase. 2,900
child predators and human traffickers arrested, that’s a 70% increase
and we’ve arrested eight of the top ten want of most wanted fugitives in
the world in fourteen months, that’s twice as many in the four years
combined. That is what the men and women of the FBI are
doing—well-resourced. Everyone should take a look at this, if people
want to continue the baseless, fraudulent, false personal attacks at
me—that’s great. Keep the target on me as I’ve always said, but the
mission has never been better.
MURRAY: I appreciate the work of our FBI agents, but
leadership—serious leadership is a concern. And we are seeing the
pictures of passing out branded bourbon and what happened at the
Olympics, jetting around the globe and all the rest of it—and that, I
will say again, Mr. Chairman, is of deep concern to me.
###