Inflation has been steadily climbing and is now at its highest level in three years, thanks to the United States’ refusal to pull out of Israel’s war with Iran.
The situation mirrors what happened under President Biden, when billions of taxpayer dollars were poured into the war in Ukraine. Now it’s the same story all over again, just a different president, a different country, but with an even greater economic impact.
According to the latest Consumer Price Index report from the Bureau of Labor Statistics, consumer prices in May 2026 are sky-high, up 4.2 percent compared to May 2025.
Of course, no one needed a government report to know inflation is bad. Every trip to the grocery store is a real-life inflation report.
Grocery prices are up 3.1 percent, while restaurant prices have increased 2.7 percent, which means it could be cheaper to eat out than cook at home. Do they want us to be unhealthy by being forced to eat processed fast foods?
Beyond food, utility bills are rising, with this summer’s electricity bills predicted to be the highest we’ve seen in five years, and gas prices have reportedly surged 40 percent since the war began.
Higher gas prices don’t just make filling up more expensive. They cut directly into the budgets of small business owners, truck drivers, and daily commuters, leaving less money for life’s necessities.
The economic situation is a mess, and it’s predicted to get worse.
So does the administration care?
When asked whether he was concerned about the latest inflation report, President Trump responded: “No, I love it. I love the inflation. You know why? Because as soon as this war is over–do you know we’ve been taking out millions of barrels of oil? Nobody knows it. You know who doesn’t know? Iran until right now.”
Trump may love it, but millions of Americans struggling to put food on the table certainly don’t. And whatever oil is being hauled out of Iran in the dead of night won’t shield ordinary people from the economic storm that’s brewing.
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