MAGA’s Affordability Crisis Will Soon Get Worse

Paul Krugman: “As current polls show, swing voters are increasingly blaming Trump, rather than Biden, for the cost of living. And the public’s ire is likely to get worse for the Republicans as time goes on.”

“In the summer of 2024, as Trump was lagging in the polls behind Kamala Harris, he began to repeatedly and explicitly promise not simply to reduce inflation but to deliver large declines in consumer prices: ‘Starting the day I take the oath of office, I will rapidly drive prices down.’ Although economists warned that there was no way he could deliver on those promises, enough voters believed him to swing the election.”

“Now that Trump has in fact utterly failed to deliver, those voters — especially those Black and Latino voters who believed him — have swung back to the Democrats with a vengeance:”