Listening to chest-beating, hand-wringing, and soul-searching by liberals, just hang tight. MAGA has sowed the seeds for its own destruction if the single issue that determined the Nov. 5 outcome was indeed the economy. For those who viewed economics simply as the rent was still too high, so were interest rates, and grocery prices had not come down to the good ole pre-COVID days,and they couldn't buy a house, etc. So what if inflation was again low and everyone had a job that paid more than before COVID and gas was under $3 per gallon. It was not good enough. Harris proposed government plans to fix housing and grocery costs; Trump only said," Trust him." Voters who think in these simple terms will also be the same ones ticked if MAGA/Trump causes inflation to rise again. There will be a backlash, whether it is in 2026 or 2028. What are the odds of inflation to ignite? It is not a matter of when, not if.
Whether inflation rises again depends on how much Trump/MAGA gets their agenda activated and how soon. What they promised to do in the campaign alone will cause inflation to rise again. Among the most influential in setting economic policy are the oligarchs. Who are the oligarchs influencing the economy whispering in Trump's ear? VP JD Vance's mentor and funder is billionaire Peter Thiel. Elon Musk, the richest man in the world, has become Trump's best funder, friend, and economic policy influencer. Along with Jeff Bezos(Amazon/ Washington Post) and the Murdoch dynasty that own media empires, including FOX, such oligarchs control the message, too.
With Elon Musk most likely steering the economy, Musk will get his government contracts, the oligarchs backing Trump will get their tax and regulatory breaks, and tariffs will be imposed across the board as Trump promised. So fasten your inflation seat belts as it rises like Musk's rockets. All cause inflation and run up the country's debt. Interests will rise to deal with inflation again, provided Musk does not get his way to turn the Fed into another political instrument to set interest rates that make Trump look good instead of putting the brakes on inflation. And when they start cutting social security, medicare, Medicaid, nutrition programs, and Obamacare to deal with the debt problem instead of the oligarchs paying more taxes, good luck with that, too. No matter how low a voter's education achievement may be, no one, working or middle, is going to forgive that hit to their family's well-being and the sacrifices they are expected to tolerate to make the rich even richer. And all will be screaming at the price of eggs again.
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