Affordability

The key word in the press regarding the economy is affordability. The major complaint is that during the 10 months of Trump, prices have not come down. During the four years of the Biden administration, inflation average 5% with a high of 9% in 2022. During the Trump years inflation has been half that at 2.7% but that does not mean prices will come down, it only means prices will stop rising as fast. This difference is not clearly explained in the press giving the impression that some new administration will bring down prices. In the past the democratic economic plans have always been increasing taxes and using that money to provide benefits mostly in the form of public assistance programs. This will not lower prices but will make it easier for low-income groups to get by. It is the old story of giving a man a fish instead of teaching him how to fish with a good paying job.