Opinion: What voters should keep in mind about the economy

Nov 4, 2024 · Opinion: The economy is up, so why are voters down? Misplaced economic nostalgia. When lower-income Americans speak pessimistically about the economy, they're …

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Did inflation affect Trump's election outcome?

Inflation played a big role in the outcome of this year's presidential election, but who to blame for it may have not been on the ballot. About half of Trump voters cited high prices as the biggest issue affecting their vote, according to AP VoteCast, which surveyed over 115,000 voters nationwide. ...

Will Trump's policies worsen inflation?

Voters voiced frustration over inflation. Some economists expect Trump's policies to worsen it. Expanded tariffs and mass deportations would raise prices, some experts say. Voters swept President-elect Donald Trump back into office on what appears to be a swell of discontent over the state of the U.S. economy. ...

Do politicians pay for inflation?

When inflation takes off, the politicians in power often pay for it. NPR's Scott Horsley reports. SCOTT HORSLEY, BYLINE: People have lots of reasons for voting the way they do - immigration, the culture wars. But undoubtedly, one of the biggest drivers for voters backing Donald Trump was inflation. ...

Is inflation back to normal?

Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah? Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months. Updated inflation data set for release on Thursday are expected to show that price increases have more or less returned to a normal pace. ...

Are voters losing faith in the government if inflation is high?

And that's not a surprise. Maziar Minovi, who heads the Eurasia Group, has studied dozens of elections going back decades and found whenever there's a sustained period of high inflation, voters are twice as likely to lose faith in the people running the government. ...

How do people feel about inflation?

They simply have to cut back their spending on certain things or work more hours to afford them. The sense of loss combined with a feeling of powerlessness leaves people furious. They expect their leaders to fix the problem. Inflation fell to normal levels over the past year, but high prices remain. ...