The Hill - A comment from President Trump dismissing the pocketbook concerns of millions of Americans is threatening to upend his party’s midterm messaging on affordability. Trump told reporters on Tuesday that he does “not even a little bit” think about Americans’ financial situation when dealing with Iran, saying he only thinks about not letting Tehran have a nuclear weapon.
The comments could not come at a more politically inconvenient time for Trump. The Labor Department reported Wednesday that wholesale inflation spiked to 6 percent in April, up from 4 percent in March, as a result of the Iran war. That data came after the department reported Tuesday that the consumer price index increased 3.8 percent over the past 12 months.
The economic indicators are forcing Republicans battling to hold on to their House and Senate majorities to answer for the Trump economy, while more and more Americans grow frustrated over rising costs.
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