Avoid presenting Trump's economy post to your MAGA-supporter relatives, unless provoking a dispute is your intention.
In her latest article, BuzzFeed Staff member Alexa Lisitza continues to monitor the economic impact of the Trump administration. Here's a snapshot of the current situation, based on the latest data from July 2025:
- The unemployment rate remains steady at 4.2%, according to the U.S. Bureau of Labor Statistics[1].
- The average gas price in June 2025 was $3.276 per gallon.
- However, when it comes to specific indicators related to Trump's presidency (January 2017 to January 2021), comprehensive data is not available for August 2025.
During Trump's tenure, his administration introduced policies that have left a lasting mark on the economy. One such policy is the One Big, Beautiful Bill (OBBB), nicknamed the "Worst Bill in Modern American History". This legislation, expected to add $3.4 trillion to the national debt, is projected to make healthcare coverage harder to secure, potentially leading to about 12 million more people being without health insurance by 2034.
In other sectors, the price per pound of beef has seen a significant jump of about 12% since last year. Farmers are struggling with shrinking herd sizes, droughts, lack of profitability, and an increase in imported beef prices. This rise in beef prices is causing a ripple effect, with potential implications for consumers and the food industry.
Meanwhile, the stock market has experienced a second month of gains, offering some positive signs for the economy. However, it's important to note that the stock market's performance is influenced by a multitude of factors, not just government policies.
In the health sector, rural hospitals, doctors, nurses, and staff who rely on Medicaid taxes to stay in operation will likely suffer due to major reductions in federal support to Medicaid. This could have significant implications for healthcare access in rural areas.
As for individual Americans' health insurance costs, Comment Corner #1 suggests that, on average, they were at about $7,000 per year under the Affordable Care Act. It's unclear how this figure has evolved since then.
The economy under Trump's administration has been a topic of ongoing debate. Alexa's commitment to tracking the real numbers achieved by his administration for each month of his presidency offers a valuable resource for those seeking to understand the economic impact of his policies.
[1] Source: U.S. Bureau of Labor Statistics, https://www.bls.gov/news.release/archives/empsit_08062025.htm
- The timely tracking of the economic impact of Trump's administration, as done by BuzzFeed Staff member Alexa Lisitza, could provide valuable insights into the effects of policies like the One Big, Beautiful Bill on healthcare coverage and general news about the overall economic situation.
- In the realm of politics and general-news, the potential increase in individual health insurance costs under Trump's administration, along with the possible implications for rural healthcare due to federal support reductions to Medicaid, are topics that warrant timely and comprehensive monitoring for a meaningful understanding of the economic landscape.
