Trump Hit by New Cost of Living Blow

[Yo_Mama_Been_Loggin]

President Donald Trump faces fresh fallout from the fast-rising cost of living.

The average interest rate on a 30-year fixed mortgage rose to 6.51 percent this week, the highest since August last year, according to Freddie Mac. The figure also increased from 6.36 percent last week, marking the sharpest weekly increase since April 2025, when Trump first unveiled his market-crashing tariffs.

The increase spells a massive difference for American homebuyers during a busy time of year for home sales. Those with a $2,500 monthly budget and a 20 percent down payment, for example, can afford to buy a $400,000 home at a 6-percent mortgage rate. At 6.5 percent, that buyer can only afford a $384,000 home, according to The Wall Street Journal.

The White House maintained that Trump has been “laser-focused on making housing more affordable,” citing an executive order he signed in March that directed Freddie Mac to purchase $200 billion in mortgage bonds.

https://www.yahoo.com/news/politics/articles/trump-hit-cost-living-blow-203052108.html

It's peanuts - Donny Dipshit

[sakabatou]

1. Everything is getting expensive to the point even general necessaries may be out of reach

So... how long until soup lines?

[spooky3]

3. Many people are putting groceries on credit cards.

That should be a wake up call to his enablers, even if he cares nothing for the voters.

[sakabatou]

4. I have yet to carry a credit card in my life, and only carry cash as an emergency

[Karma13612]

5. My husband and I are doing "OK" right now.

We are on fixed retirement income. And we watch our pennies and shop sales anywhere we can. Our medicare advantage insurance plan rates increased this year so we opted for a lower coverage plan. They will nickel and dime us now, but I’m not giving them an extra cent. {For those who are against the advantage plans: We could never in a million years afford any of the supplemental plans. This route was our only option aside from plain medicare}

There is a lovely thrift store (Not the Sally Army) in Morehead city North Carolina where they have a batch of bread laid out on a cart when you enter. First come first serve. I think it’s Pepperidge Farm bread if I’m not mistaken. I’m guessing it’s a once a day thing. It goes fast.

Guess what I’m trying to say is that we already have bread lines….

[haele]

6. Sounds like they're supporting the local commercial bakery

In most states, the commercial grocery bakery (Hostess, Pepperidge Farm, Orowheat or any combination of above) that makes and delivers the baked goods either every other day or every three days, with a few specialty local bakers will typically deliver daily.
What happens is that if there was a significant number of product still on the shelves (as in, there's still more than twenty of whole wheat bread bags from the last delivery still on the shelves) the bakery refunds the bread not sold against the order being delivered and brings it back to the bakery.
That bread used to be shipped out to local "day old" stores, or sold to dollar stores, and sold to the public at half price.
Your thrift store is apparently acting as the "day old" store for the local bakery.

[Karma13612]

7. You could be right!...eom

[dalton99a]

2. Kick