Nonpartisan research & policy organization dedicated to improving the economic wellbeing of Mainers with low and moderate income since 1994.
Maine Center for Economic Policy
Loading...
Elon Musk's wealth grew by over $1 MILLION PER MINUTE last year.
More from our friends at Oxfam:
www.oxfamamerica.org/press/soon-t...
Maine Center for Economic Policy
[Citation: MECEP analysis of US Bureau of Labor Statistics, Current Employment Statistics and Consumer Price Index data, Forbes net worth estimates. Figures adjusted for inflation in May 2026 dollars.]
Gas price spikes caused by Trump's war in Iran has pushed inflation to its highest point in three years. How are you adjusting to higher prices? Have your shopping habits changed? Are you avoiding travel or major purchases? Dipping into savings? Paying with credit more often?
#Trumponomics
📈📉Trumponomics in 2 charts. What do Musk's skyrocketing wealth and your stagnant wages have in common? They're both the result of Trump's policy choices. While Musk is about to become the world's first trillionaire, 1.5 yrs of wage growth has been completely wiped off the books for the rest of us.
Interact with AP's chart here: apnews.com/article/cons...
Meanwhile, when asked about rising inflation today, Trump said, "I love it."
thehill.com/homenews/adm...
Read the report here: www.bea.gov/news/2026/pe...
More on the wage stagnation from @epi.org
www.epi.org/blog/trumps-...
It’s not in your head—it’s not just gas. Prices are still rising. The latest PCE (the Fed’s preferred measure) shows inflation at 3.8%, the highest in 3 years. With savings near 20-year lows, working families are running out of room to cope.
