People are struggling to get by. Their ability to afford groceries, rent, and heating oil feels tenuous.
Short-term economic data tells a confusing story. For many, wages have recently grown faster than prices. By that measure, people should be better off than they were before. That’s why some dismiss the affordability crisis as exaggerated, or even a “hoax” in President Donald Trump’s words.
On a spreadsheet, he has a point. In lived experience, he couldn’t be more wrong.
Trump calls affordability crisis a ‘hoax.’ The data tells a different story
