Key Takeaways:

• Michael Cohen argues the Trump economy raises everyday costs.
• He says policies favor big corporations over consumers.
• Americans feel sticker shock at the grocery store and the gas pump.
• Cohen warns that political distractions hide real financial pain.
• He urges voters to notice who gains and who loses.

Trump Economy Under Fire

Michael Cohen once worked for Donald Trump as his lawyer. Now he says the Trump economy hurts regular Americans. In a new essay, Cohen claims that rising prices come from deliberate policy choices. He writes in clear language so everyone can understand.

What Did Michael Cohen Say?

Cohen says the Trump economy hands big wins to corporations. Meanwhile, families pay more for food and gas. He calls this “deliberate neglect.” He notes that no fancy economic terms can hide the truth you see on your receipt. According to Cohen, lobbyists and wealthy donors drive these choices.

How the Trump Economy Works Against You

First, meatpacking companies report record profits. Yet grocery prices climb higher and higher. Second, energy rules favor big oil and gas producers. That leaves drivers at the pump frustrated. Third, tax breaks go mostly to the richest people. Ordinary workers see little benefit from those cuts.

Rising Costs at the Supermarket

You know the pain when your grocery bill goes up. Cohen points out that prices for staples—like meat, bread, and eggs—jumped sharply. He calls it a “kick in the teeth for consumers.” He says Trump administration officials offer excuses about supply chains. Yet the real driver is public policy that boosts big business profits.

Gas Prices and Your Wallet

Gas prices also reflect the Trump economy. Cohen says regulators ease rules for polluters. This helps big oil companies but hurts drivers. High fuel costs affect everything from commuting to shipping goods. As a result, other prices climb too. The cost of a loaf of bread includes the cost of moving grain across the country.

Corporate Profits Versus Family Budgets

Meanwhile, major corporations celebrate record earnings. Cohen describes this gap between corporate wealth and family budgets as a “gift basket for billionaires.” He warns that when leaders choose donors over voters, your money spends longer getting out of your account.

Political Distractions and Real Problems

Cohen argues that political showmanship hides real economic harm. He writes that flashy rallies and dramatic speeches divert attention. While Trump waves his arms and shouts about “fake news,” your bank account tells a different story. He wants Americans to look beyond the noise and focus on their own receipts.

Why This Matters for 2024

As the 2024 campaign unfolds, Cohen believes economic pain will shape votes. He reminds readers that affordability was a key promise. Voters expect relief at the checkout and the gas pump. If they keep paying more, they may rethink their support.

Who Gains, Who Loses?

Big meatpackers win when consumer prices climb. Major oil companies pull in more cash when regulations loosen. Wealthy donors enjoy tax breaks and special deals. On the other hand, working families lose when food and energy costs rise. Cohen urges readers to notice this pattern.

Can Policy Change Help?

Cohen insists the government could act to ease the pain. He suggests stronger antitrust enforcement to curb monopolies. He also calls for fairer tax policies that target the richest. Finally, he recommends investing in alternative energy to lower fuel costs over time. If lawmakers choose ordinary people over big donors, prices could stop climbing so fast.

How to Tell If You’re Affected

You don’t need an economics degree to see the impact. Just watch your debit or credit card statement next time you shop. Ask yourself:

• Did my food bill feel higher than last month?
• Did I fill my tank and wince at the pump?
• Are my take-home pay and benefits staying the same?

If you answer yes, you feel the Trump economy in action.

Looking Ahead

Cohen’s essay warns that these issues won’t disappear on their own. He challenges readers to pay attention to real outcomes, not political spin. He encourages folks to demand policies that protect workers and families.

Take Action

Stay informed about economic policies. Compare your bills month to month. Talk to friends and family about rising costs. Vote for leaders who pledge to help everyday people, not just big corporations. Your voice matters at the ballot box and in everyday conversations.

FAQs

What is the core criticism of Trump’s economy?

The main criticism is that it boosts corporate profits while raising costs for ordinary families.

Who is Michael Cohen and why does his opinion matter?

Michael Cohen once served as Trump’s personal lawyer. His insider experience gives weight to his economic critique.

How do rising grocery and gas prices link to policy?

Cohen argues that lax regulations and tax breaks for big companies lead directly to higher consumer costs.

What can consumers do to push for change?

Consumers can stay informed, compare bills, discuss issues openly, and vote for leaders prioritizing working families.