Even though inflation has slowed, prices have remained high, and people hate high prices.
by Arthur Delaney
The Huffington Post
Higher consumer prices may be the single biggest contributing factor to the resounding defeat of Vice President Kamala Harris by former president Donald Trump in Tuesday’s presidential election.
Voters have consistently rated the economy as the most important issue in the election, and two-thirds of voters surveyed after casting their ballots said they considered the economy “not so good” or “poor.” And of the 31% of voters who told exit pollsters the economy was their top concern, 79% voted for Trump.
By most measures, the economy is doing well ? unemployment is historically low, at 4.1%, the stock market is booming, the country’s gross domestic product remains the envy of the world, and inflation has actually fallen to similar levels in Trump’s first term.