Don Old Trump’s central promise in 2024 was to cut prices. At the Republican National Convention he announced, “Inflation will vanish completely.” In August 2024, he said: “When I win, I will immediately bring prices down, starting on Day One.”
He even promised to bring down soaring insurance premiums in August 2024: “Prices will come down. You just watch. They’ll come down and they’ll come down fast. Not only with insurance, with everything.” He even promised to cut auto insurance premiums in half! Trump made the promise on Truth Social on September 17, 2024, when he posted: “Your Automobile Insurance is up 73% — VOTE FOR TRUMP, I’LL CUT THAT NUMBER IN HALF!”
Since Trump has taken office, he has broken his many promises of price cuts beginning on day one. In fact, many of his police have increased prices. Currently, inflation is higher than it was in 2024.
One of the areas where Trump has broken his promise is when it comes to climate change. Trump has slashed spending on renewable energy and supported dirty, fossil fuels. Climate change is jacking up property-casualty insurance rates and has the potential to destroy the insurance market.
Trump and the Republicans in Congress have gutted the landmark Inflation Reduction Act of 2022. This law invested in renewable energy to reduce carbon emissions by roughly 40% by 2030. It also provided tax credits for clean energy and electric vehicles and supported renewable energy jobs.
The Republicans’ Big Big Ugly Bill terminated tax credits for clean energy, solar and wind. The tax credit for electric vehicles was eliminated, potentially leading to fewer plug-in car sales. The bill also provided tax credits for the production of coal and expands tax credits for carbon capture technology.
At the same time, the regime has allowed more oil drilling in California and Alaska. Moreover, Trump once again reneged on the 2015 Paris Agreement, whose goal was to reduce the country’s greenhouse gas emissions by 26–28% below 2005 levels by 2025.
All of this will contribute to a warming world, which has many serious and negative consequences. One of those consequences are soaring insurance premiums for property and auto insurance. Extreme weather events are inflicting significant damage on autos and buildings all over the United States.
The insurance crisis is especially acute in deep red Nebraska. National Public Radio sent an intrepid reporter out to tiny Cozad, Nebraska to evaluate the impact of climate change on the weather and insurance rates. Cozad had the misfortune to get leveled in a hail storm on June 29, 2024. This small town has still not recovered.
The pertinent excerpts from the NPR report of November 13, 2025 are as follows:
“But extremely costly hailstorms are getting more likely in the United States, researchers warn. Across the central and eastern U.S., the weather conditions that can produce hail that’s at least the size of a pool ball have gotten more common, according to Deborah Bathke, Nebraska’s state climatologist. And the Great Plains are expected to have more frequent hail as the planet warms up.
That risk is driving up the cost of home insurance in the middle of the country, saddling average Americans with huge bills. Areas with the most hail risk are seeing some of the fastest growing home insurance prices in the U.S.
That escalating damage is a reminder that, as climate change drives more extreme weather, geography is no longer a guarantee of protection from skyrocketing insurance rates.
The central United States is home to the worst hail risk on the planet.
That has led to enormous bills for property insurance companies.
Last summer’s hailstorm in Cozad caused an estimated $100 million in property damage, according to local insurance agent Brian Messersmith — an enormous sum for a town of just 4,000 people.
And, in 2024, hail damage contributed to $54 billion in insured losses from severe convective storms in the U.S., which include severe thunderstorms and other storms capable of producing large hail, according to the Insurance Information Institute, an industry-run think tank.
With losses mounting, insurance companies have raised prices in recent years. Nationwide, the cost of insurance rose about 8% faster than inflation between 2018 and 2022, according to a major report published by the Treasury Department in January.
The report found that the average price of property insurance in the Great Plains was significantly higher than the national average, with consumers in the Northern Plains paying about 20% more than the national average, and consumers in the Southern Plains paying more than 45% more. In Nebraska, the average cost of homeowners insurance this year is nearly $6,400, according to Bankrate. That’s the highest in the country, and almost $4,000 above the national average.”
We are all paying significantly higher premiums on our homes and autos due to the Republicans’ fealty to the fossil fuel industry. This is a hidden tax that affects all Americans. This “tax increase” is hurting Trump’s own supporters the most. I suspect most of them don’t even know it.
It is our jobs as Democrats to inform all Americans about the damage Trump and the MAGA Republicans are doing to the country. We don’t have our own propaganda organ to get out the story. Moreover, we can’t count on the Vichy, corporate media to properly inform the American people. It’s up to us.
The last three Democratic presidents have all tried to address the climate crisis — only to see those policies reversed by subsequent Republican presidents. Bill Clinton negotiated the 1997 Kyoto climate agreement. Barack Obama attempted to limit coal fired electric plants only to see his plans thwarted by the Republicans on the Supreme Court. It was Obama who entered into the 2015 Paris Agreement. Joe Biden renewed America’s adherence to that agreement and passed the most far reaching renewable energy bill in the nation’s history.
If you want to do something about climate change, you have to vote for Democrats. We don’t need any more infighting and purity tests. We need to unite behind our candidates. We may not be perfect but they’re nuts!
MAGA means Morons Are Governing America.
Throw the bums out! Blue wave 2026!
Sources:
https://doggett.house.gov/issues/trumps-economic-promises-timeline
https://e360.yale.edu/digest/big-beautiful-bill-renewable-energy-china
https://journalstar.com/news/article_47c92366-b143-579b-a294-cea2534a7dd9.html
