President Trump told McDonald’s owners, operators, and suppliers on Monday that prices will decline, delivering remarks at the fast-food chain’s Impact Summit in Washington, D. C. The event came amid ongoing national discussions about inflation, the cost of living, and economic pressures affecting consumers. “Prices are coming down,” President Trump said during his address. “I will tell you that nobody has done what we’ve done in terms of pricing,” Trump said. “We took over a mess. We had the highest inflation in the history of our country . and now we have normal inflation.” Inflation measured 3 percent in September over the previous 12 months, the highest rate recorded so far this year. Food prices remain a significant point of concern for consumers. This Could Be the Most Important Video Gun Owners Watch All Year According to the Economist’s “Big Mac” index, the average price of the McDonald’s burger was $6. 01 in July, an increase from $5. 69 one year earlier. Data from the Federal Reserve Bank of St. Louis showed that ground beef averaged $6. 32 in September, compared to $5. 67 at the same time last year. Last week, the administration adjusted tariff rates on imports of beef, coffee, tropical fruits, and other food products as part of an effort to address affordability issues. “We have it down to a low level,” Trump said of inflation. “But we’re going to get it a little bit lower. We want perfection.” Before a room of McDonald’s franchise leaders, Trump described himself as “one of your all-time, most loyal customers.” He said McDonald’s CEO Chris Kempczinski told him that “prices at McDonald’s are coming down,” referencing ongoing cost adjustments within the company. Trump also highlighted the administration’s economic policies, including investment and trade decisions. He said the country would have faced significant financial challenges had he not won the 2024 election. “You are so damn lucky that I won that election,” Trump said. During the 2024 campaign, Trump visited a McDonald’s in Pennsylvania, where he served french fries. He referenced that moment in his speech, saying he was “the very first former McDonald’s frycook to ever become president of the United States,” adding, “It was not that easy!” in reference to working the drive-thru. Trump told the audience that McDonald’s employees have a unique view of everyday American life. “Before the sun rises, you’re serving hot coffee to construction workers, nurses and police officers on the way to the job,” he said. “In the evening, you stand ready with the fast dinner and the smile for busy moms and their children as they race from school to soccer practice. And late at night your lights are on, and the only one still glowing when the long haul trucker pulls up for a good meal and the best Coca-Cola in America.” Trump also mentioned his preferred menu item, saying, “I like the fish,” in reference to McDonald’s Filet-O-Fish sandwich. He added, “You could do a little bit more tartar sauce.” WATCH:.
https://www.lifezette.com/2025/11/trump-promises-lower-prices-while-taking-aim-at-inflation-at-mcdonalds-event-watch/
Tag Archives: affordability
Google bets big on Texas with $40B data center plan
**Google to Invest $40 Billion in New Texas Data Centers Amid Growing AI Infrastructure Boom**
Alphabet Inc.’s Google announced plans to invest $40 billion in three new data centers in Texas, significantly expanding its footprint in the state. This investment, expected to continue through 2027, comes as competitors like OpenAI and Anthropic PBC also make substantial commitments to Texas.
According to a statement released by Google on Friday, November 14, one data center will be located in Armstrong County within the Texas Panhandle, while two others will be established in Haskell County, near Abilene.
“This investment will create thousands of jobs, offer skills training for college students and electrical apprentices, and speed up energy affordability projects across Texas,” said Sundar Pichai, CEO of Alphabet, during an event near Dallas, where Google already operates two other data centers.
### Texas: A Growing Hub for Data Centers and AI Investment
Texas has become an attractive destination for data center investments due to its lower energy costs, abundant available land, and supportive state government infrastructure tailored to the growing artificial intelligence sector.
Google emphasized its commitment to enhancing local energy resources, covering operational costs, and supporting community energy efficiency programs as part of its expansion plans. The company also announced an electrical training program aimed at increasing the number of apprentices in Texas, supported by Google.org’s AI Opportunity Fund.
Texas Governor Greg Abbott, present at the event with Pichai, endorsed these developments, predicting that Texas will become the primary hub for Google’s AI data centers. “Companies can come to Texas and carry out their operations knowing that the state acts quickly in business,” Abbott said.
Following the announcement, Alphabet’s stock saw a 1.7% rise in after-hours trading, up from a closing price of $276.41 in New York.
### Texas Attracting Major Tech Investments
Texas continues to solidify its reputation as a prime location for tech-related investments.
Earlier this week, Anthropic announced plans to invest $50 billion in data centers across the U.S., including sites in New York and Texas—states known for ample land and lower energy costs. These data centers are part of Anthropic’s strategy to stay competitive in the AI infrastructure market and are being developed in collaboration with Fluidstack.
OpenAI, Oracle Corporation, and SoftBank Group Corporation are jointly supporting the Stargate project, which recently broke ground on its first data center in Abilene, Texas. Company leaders have indicated plans to build additional facilities within the state.
Meta Platforms Inc. is also constructing a new data center in Texas capable of generating one gigawatt of power—a capacity sufficient to power approximately 750,000 people simultaneously.
Microsoft Corporation signed a nearly $10 billion, five-year agreement earlier this month to secure computing capacity in Texas, further underlining the state’s growing importance in the tech infrastructure landscape.
Fermi Inc., a real estate investment trust co-founded by Rick Perry (former Governor of Texas and Energy Secretary under President Donald Trump), revealed plans to build four nuclear power reactors in Texas to support a private data center campus.
### Google’s Expanding Capital Expenditure on AI and Cloud Services
Analysts note that Google is known for its significant capital spending. This year, the company expects to invest over $90 billion in capital expenses, a figure that surpasses earlier estimates. The majority of this investment will focus on servers, customized chips, and new data centers to bolster its AI and cloud service capabilities.
With Texas emerging as a central hub for AI infrastructure, Google’s multi-billion-dollar investment signals the company’s commitment to expanding its presence in the state and the broader tech ecosystem.
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https://bitcoinethereumnews.com/finance/google-bets-big-on-texas-with-40b-data-center-plan/
Voters’ anger over high electricity bills and data centers loom over 2026 midterms
Voter Anger Over Rising Electricity Costs Fuels 2024 Midterm Election Battles
As the 2024 midterm elections approach, voter frustration over the skyrocketing cost of living—especially soaring electricity bills—is emerging as a pivotal campaign issue. Communities grappling with rapidly increasing electric rates or disputes over who should bear the cost of powering energy-intensive Big Tech data centers are becoming key battlegrounds in crucial races nationwide.
**Electricity Costs Take Center Stage in Recent Elections**
This week’s gubernatorial elections in New Jersey and Virginia—a notable hotspot for data centers—highlighted electricity expenses as a critical concern for voters. In Georgia, Democrats successfully unseated two Republican incumbents on the state’s utility regulatory commission amid growing public scrutiny of utility rate hikes.
Voters across New Jersey, Virginia, California, and New York City consistently identified economic worries as their top priority, as both Democrats and Republicans prepare to focus on affordability in the upcoming fight for control of Congress.
President Donald Trump has already signaled his intent to emphasize affordability issues next year as Republicans aim to defend their narrow majorities, while Democrats blame the administration for the increasing household costs. At the forefront of these debates may be electricity bills, which in many areas are climbing faster than the U.S. inflation rate—though this trend is not uniform nationwide.
“There’s a lot of pressure on politicians to talk about affordability, and electricity prices are right now the most clear example of problems of affordability,” said Dan Cassino, professor of politics and government and pollster at Fairleigh Dickinson University in New Jersey.
**Electric Bill Increases Show No Sign of Slowing**
Higher electricity costs are expected to persist, with many Americans likely facing increased monthly bills during next year’s midterm campaigns. According to consumer advocacy group PowerLines, gas and electric utilities have sought or already secured rate hikes exceeding $34 billion for the first three quarters of 2025—more than double that of the same period last year.
With roughly 80 million Americans struggling to pay utility bills, the situation has become a severe hardship for many. “It’s a life or death and ‘eat or heat’ type decision that people have to make,” said Charles Hua, founder of PowerLines.
In Georgia, proposals to build new data centers have sparked local opposition, while newly elected Democrat Peter Hubbard accused his Republican predecessors on the state’s utility commission of “rubber-stamping” rate increases from Georgia Power, a subsidiary of energy giant Southern Co.
Monthly bills from Georgia Power have increased sixfold over the past two years, now averaging $175 for a typical residential customer. Hubbard’s campaign message clearly struck a chord with voters. Rebecca Mekonnen of Stone Mountain, a suburb of Atlanta, said she voted for the Democratic challengers to demand “more affordable pricing. That’s the main thing. It’s running my pocket right now.”
Georgia Power now proposes to invest $15 billion in expanding power generation capacity, largely to meet demand from data centers. Hubbard is pressing whether these data centers will fairly share their costs or leave the burden on regular ratepayers.
**Midterm Elections Shine Spotlight on Electricity Hotspots**
The 2024 midterms will feature crucial battles in states where fast-rising electric bills and data center expansions are fueling community unrest. Key battlegrounds include California, Georgia, Michigan, Ohio, Pennsylvania, and Texas.
Experts link rising electricity costs to a mix of factors: expensive grid modernization projects to improve resilience against extreme weather and wildfires; booming energy demand from data centers, bitcoin miners, and renewed domestic manufacturing; and climbing natural gas prices.
“The cost of utility service is the new ‘cost of eggs’ concern for a lot of consumers,” said Jennifer Bosco of the National Consumer Law Center.
Data centers, in particular, impose enormous energy demands—an average AI data center consumes as much electricity as 100,000 homes, according to the International Energy Agency. Some centers require more power than entire cities like Pittsburgh, Cleveland, or New Orleans.
While many states have actively courted data centers as economic engines, legislatures and utility regulators have faced increased pressure to shield ordinary consumers from bearing the connecting costs. Meanwhile, communities resisting proximity to these large facilities are mobilizing.
**Electric Bills Are a Major Stressor for Many Americans**
An October poll by the Associated Press-NORC Center for Public Affairs Research found that 36% of U.S. adults consider electricity bills a “major” source of stress—especially as colder months approach. Meanwhile, some states warn that funding for low-income heating assistance is delayed due to the ongoing federal government shutdown.
Although concerns about utility costs vary more regionally than other financial pressures—such as grocery prices, which worry over half of Americans—electric rates do fluctuate widely depending on the state or utility ownership model. Federal data reveals that for-profit utilities are raising rates much faster than municipally owned utilities or cooperatives.
In the Mid-Atlantic region spanning 13 states from Illinois to New Jersey, consumers are paying billions more to cover the cost of powering data centers—including some centers not yet constructed. Next June, electric bills in this area are expected to rise further due to increased wholesale electricity costs aimed at attracting new power plants dedicated to serving data centers. This has prompted governors such as Pennsylvania’s Josh Shapiro, Illinois’ J.B. Pritzker, and Maryland’s Wes Moore—all Democrats seeking reelection—to pressure the regional grid operator, PJM Interconnection, to limit these increases.
**Red States vs. Blue States: Contrasting Trends**
Drew Maloney, CEO of the Edison Electric Institute—a trade group for for-profit electric utilities—pointed to Democratic-leaning states as primary drivers of higher electricity costs.
“The red states’ electricity rates are not going up at the rate the blue states are,” Maloney stated. “But the data centers are largely going to the red states and the rates are still stable.”
Excluding high-rate areas like California, where wildfire mitigation drives grid upgrades, and pricey New England, most of the country’s electricity price increases roughly track inflation, Maloney explained.
However, blue states are not alone in attracting data centers, and some red states have also faced sharp rises. In Indiana, another emerging data center hotspot, the consumer advocacy group Citizens Action Coalition reported this year that residential customers of for-profit utilities endured the steepest rate hikes in at least two decades. Republican Governor Mike Braun condemned the increases, saying, “we can’t take it anymore.”
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*Associated Press reporter Jeff Amy in Atlanta contributed to this report.*
https://mymotherlode.com/news/national/general-election/10159636/voters-anger-over-high-electricity-bills-and-data-centers-loom-over-2026-midterms.html
POLL: Trump’s Support Among Gen Z, Demographic He Won In 2024, Collapses
One of the biggest takeaways from the 2024 election was that Donald Trump far exceeded expectations when it came to Gen Z voters. Trump made notable gains among younger voters, specifically those under 30. The narrowing of the gap was a surprising development for many on the left and signaled major challenges for the Democratic Party’s future.
However, recent data suggests a different trend among young Americans. According to an Economist/YouGov poll of over 1,600 Americans conducted October 24-27, Trump’s support among individuals under the age of 30 has collapsed. Previously, in February, his approval rating among Americans ages 18-29 stood at 50%, with just 42% expressing disapproval. Now, 75% of 18-29-year-olds disapprove of the way Trump is handling his job as president, with 55% strongly disapproving.
When it comes to handling the economy and inflation, 72% of young Americans disapprove. Additionally, 61% of 18-29-year-olds believe the economy is getting worse. As for personal finances, 38% say they are in the same spot as last year, while 42% say they are worse off. The poll also found that 70% of respondents between ages 18-29 believe the U.S. is on the wrong track.
This makes sense given the current economic climate. The unemployment rate among young Americans is trending upward, and college graduates—even those with more practical degrees—are having a tougher time finding jobs as the labor market slows down. Meanwhile, the median price of a house hit a record high of $435,000 in June, further exacerbating affordability issues for young people.
Of course, this one poll is just a snapshot. Many economic trends, aside from tariffs and trade wars, are largely out of Trump’s control. But affordability and inflation remain the primary concerns for young Americans—and likely for many Americans who are not strictly partisan.
Broadly speaking, do young Americans really care about the federal government’s standoff against Antifa in Portland? Or about the Biden FBI’s “Arctic Frost” operation that targeted Republicans? Do they care about Letitia James being indicted for mortgage fraud? Probably not. Instead, they are more concerned about 30-year mortgage rates and whether they can even afford a home.
This is not to say these other issues aren’t important. The brewing Arctic Frost scandal may turn out to be one of the biggest controversies of Biden’s presidency, second only to issues surrounding his mental acuity and leadership. However, most young people—many of whom likely voted for Trump primarily due to frustration with Biden-era inflation—are unlikely to support an administration that spends too much energy on political scandals while economic alarm bells keep ringing.
There is a delicate balance to strike between pursuing an agenda that appeals to the president’s most die-hard supporters and tackling the biggest issue that arguably won him the White House in the first place: the economy. So far, the Trump administration has struggled to find that balance.
https://dailycaller.com/2025/10/31/donald-trump-support-young-americans-generations-gen-z-down-yougov-poll-economy-inflation/
EDsmart: Florida Poly top school for return on investment
Florida Polytechnic University Ranks Among Top 20 U.S. Universities for Return on Investment
Florida Polytechnic University is making waves nationally as one of the top 20 universities in the country for return on investment (ROI), outperforming some of the nation’s most prestigious institutions. This recognition comes from a recent analysis by EDsmart, a data-driven college ratings publisher.
EDsmart evaluated 1,755 four-year colleges across the United States and ranked Florida Poly among the schools offering the highest-value degrees based on cost, boasting an impressive ROI of 163%. This figure is 15 percentage points higher than the national average ROI of elite universities such as Harvard, Yale, Princeton, and MIT.
Located in Lakeland, Florida Poly holds its own against longer-established universities like California State University and the City University of New York. Andy Oguntola, Florida Poly’s assistant vice president for enrollment management, emphasized the significance of this achievement, stating, “Florida Poly continues to prove that students don’t need to attend an Ivy League school to achieve outstanding career success. Our graduates’ strong return on investment shows how affordable, high-quality STEM education can lead to incredible outcomes.”
Strong Earnings and Low Debt Among Graduates
Florida Poly graduates earn the highest median salaries among all institutions in the State University System just one year after graduation, according to the state’s Board of Governors. Additionally, they carry the lowest student debt, as reported by the U.S. Department of Education’s College Scorecard.
Since its opening in 2014, Florida Poly has maintained its tuition rates without any increases, offering the lowest tuition among Florida’s public universities. Provost Brad Thiessen highlighted the university’s commitment, saying, “As we continue to grow and innovate, our commitment to affordability and student success will keep Florida Poly among the nation’s top institutions. These rankings are just the beginning of what’s ahead.”
How ROI Was Calculated
EDsmart’s analysis defines ROI as the amount a graduate earns for every dollar invested in their degree. The organization utilized data from the U.S. Department of Education College Scorecard, considering factors such as total degree cost, average time to complete a degree, and average salary six years post-graduation.
Tyson Stevens, EDsmart founder and CEO, remarked, “Prestige isn’t the same as payoff. Our analysis shows many regional schools deliver more value on this ROI metric than elite peers.”
High-Value Degrees Driving Success
In August, student loan referral service Student Choice reported that degrees in computer science and engineering deliver the highest ROI for college students nationally, with averages of 310% and 326%, respectively. At Florida Poly, where the majority of students pursue these in-demand degrees, the ROI surpasses even these impressive numbers.
Additional Accolades
Florida Polytechnic University has also earned distinction for academic excellence, career outcomes, and affordability, including:
– Ranked No. 1 public college in the South for five consecutive years
– No. 1 for highest alumni wages among Florida’s state universities, with a median salary of $66,800 one year after graduation
These rankings and recognitions underscore Florida Poly’s dedication to providing affordable, quality STEM education that equips students for successful careers.
For prospective students and families seeking a high-value education with strong career prospects, Florida Polytechnic University offers compelling proof that outstanding outcomes are achievable without attending traditional elite institutions.
https://floridapolitics.com/archives/762736-edsmart-florida-poly-top-school-for-return-on-investment/
