The answer depends on which prices you’re referring to.
If you mean consumer prices that disproportionately affect older Americans, the evidence is mixed:
Prescription drugs: Some Medicare beneficiaries are likely to face higher monthly premiums in the future because the Trump administration announced it will end a temporary subsidy program that had been helping keep Medicare Part D premiums lower. Officials say many seniors will see little or no increase, but a substantial share are expected to pay US$11��20 more per month starting with 2027 coverage.
Imported goods: The administration’s tariff policies are expected by many economists to increase the prices of some imported consumer goods. Since older Americans purchase the same groceries, clothing, and household items as everyone else, they may indirectly pay more if businesses pass tariff costs on to consumers.
Generic medications: The administration has proposed future tariffs on imported generic drugs while arguing they will encourage domestic manufacturing. Industry groups and some health policy experts warn those tariffs could eventually increase prices or create shortages, although the administration disputes that outcome.
At the same time, the administration has also pursued policies it says are intended to lower drug prices, including “most-favored nation” pricing initiatives for some pharmaceuticals. Whether those savings outweigh higher premiums or other cost increases will vary by individual and remains debated.
So, it would not be accurate to say that the Trump administration is broadly raising prices on older citizens as a specific policy goal. However, some of its recent policy decisions are expected to increase certain costs for many seniors, particularly Medicare Part D premiums and potentially some prescription drugs and imported goods, while other initiatives are intended to reduce drug prices.
Then I asked Grok the same question.
Assuming the Liberal party and Carney fail to reach an agreement with the USA on trade and the Canadian dollar goes to 60 cents while interest rates climb, what are the odds of Canada going deeper into recession and unemployment levels climb, what would the House of Commons look like if an election was called?
https://t.co/YcBa9U4iV6
So I asked….
Assuming the Liberal party and Carney fail to reach an agreement with the USA on trade and the Canadian dollar goes to 60 cents while interest rates climb, what are the odds of Canada going deeper into recession and unemployment levels climb, what would the House of Commons look like if an election was called?
https://t.co/ejyskF0aEd
BIGGER THAN WATERGATE: STRAIGHT UP TREASON❗️
A: Barack Obama and his CIA initiated the Russia Collusion Hoax and instructed the “5 eyes” (U.S., Canada, Australia, U.K. and New Zealand) to spy on the 2016 Trump campaign.
— Obama’s Chief of Staff John Brennan identified 26 Trump’s associates to “bump” or make contact with or manipulate.
B: The House Judiciary Committee CONFIRMS a whistleblower report that the FBI targeted Donald Trump soon after he announced his presidential campaign in June 2015, an off-the-books operation ordered by Obama’s deputy chief of staff FBI Director James B. Comey that predated the Crossfire Hurricane operation — two female FBI undercover agents infiltrated Trump’s 2016 campaign and were directed to act as “honeypots” while traveling with Trump and his campaign.
C: Reports also CONFIRMS Barack Obama has planted approximately 2500 personnel to overthrow the United States government a head of Donald Trump’s 2017 Presidential transition team, as so with Tump’s 2024 transition team.
D: In 2020, Barack Obama characterized the conspiracy as “absurd."
— In this clip, Obama directly refutes the spying claims — as so “absurd". He then goes rambling about “foundations of democracy” being so sacred that you “do not allow the politicization of the criminal justice system, the intelligence system [or] the military."
E: Arrest them all. Prosecute them all. Incarcerate them all at once, for the crimes of fraud, racketeering, obstruction of justice, election interference, and conspiracy to overthrow the United States government. But first Barack Obama.