President Donald Trump dismissed rising cost-of-living worries as a manufactured issue by the Democratic Party, labeling those concerns “a big con job.” He asserted that key economic indicators—such as low unemployment, strong stock performance, and wage growth—tell a different story than the public discourse.
In a statement from the White House, Trump argued that inflated fear of inflation and scarcity was politically motivated. “They want you to panic,” he said of Democrats, adding that “the economy is robust because of the policies we put in place.”
Despite his remarks, consumer surveys show households are increasingly citing affordability—particularly around groceries, housing and energy—as their top concern heading into the next election cycle. The president’s message appears aimed at shifting blame to opponents rather than addressing the underlying fiscal pressures confronting millions of Americans.