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You are here: Home / Economy / Soaring Prices Test Voters’ Finances and Patience

Soaring Prices Test Voters’ Finances and Patience

May 17, 2026 at 5:51 am EDT By Taegan Goddard Leave a Comment

New York Times: “For Mr. Trump, the nation’s political and economic strains are laid bare in a series of dour reports released over the past two weeks. Consumer prices last month rose at their fastest clip in about three years, outpacing workers’ wages, while businesses saw their costs increase at a rate not seen since 2022.”

“Americans are racking up more debt. Families are saving less. And a key measure of consumer confidence dipped to an all-time low this month. The anxiety has bled into recent political polls, which have registered broad public disapproval of Mr. Trump’s handling of the economy.”

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Filed Under: Economy


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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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