
June 11, 2026
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3:40Now PlayingRepublican House Speaker Mike Johnson visibly scrambles when cornered by a reporter on Trump's disastrous declaration over surging inflation. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
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‘Betrayal of the Working Class’Trump War of Choice in Iran Pushes Inflation to New 3Year High
"President Donald Trump during the 2024 campaign vowed to bring down the cost of living starting on the very first day of his presidency.
However, data released by the US Bureau of Labor Statistics (BLS) on Wednesday showed overall prices in May posted a yearly increase of 4.2%, marking the highest rate of inflation since 2023. Core inflation, which excludes food and energy costs, posted a yearly increase of 2.9%, the highest rate since September 2023.
Energy prices, which have skyrocketed since Trump launched an illegal war of choice with Iran in late February, were the primary driver of inflation last month, posting a 23.5% yearly increase from May 2025."
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