We’re hearing it everyday that Americans are facing an affordability crisis. Housing, tuition, health care, and grocery prices are rising fast. But over the first six months of Trump’s second term, affordability has gone up, not down. Through June inflation adjusted median household incomes are up about $1,100 per household.
The stress that consumers are feeling about affordability is the hangover effects of the near 20% rise in prices under Bidenomics from 2021-23.
Who Caused the “Affordability Crisis?”
