Economic Missteps in Election Outcomes

Inflation is identified as a significant factor behind the Democratic defeat in the elections, with a lack of unconventional economic responses contributing to this outcome. The mainstream economic perspective, particularly regarding interest rate adjustments, is criticized for inadequately addressing the lived experiences of everyday Americans grappling with rising costs. Despite a seemingly successful economic rebound celebrated in media, many people felt worse off compared to previous years. This disconnect between economic indicators and individual experiences fueled support for Trump, allowing him to effectively question whether voters were better off now compared to four years prior.