Trump may have lost but don’t bet Democrats can fix the economy

Detailed summary

There’s not much they can do over the next couple of years to alleviate angry voters’ stress over pricesIt was the economy, again. Although Donald Trump largely ignored it,…

There’s not much they can do over the next couple of years to alleviate angry voters’ stress over prices

It was the economy, again. Although Donald Trump largely ignored it, voters’ acute concerns over the rising cost of living fuelled a political upheaval for the ages that is likely to deliver the biggest swing toward Democrats since Watergate, granting them the largest House majority in nearly four decades alongside their biggest edge in the Senate since 2008.

Still, having come to power promising to restore affordability, the new crop of Democrats are soon to discover that there is not much they can do over the next couple of years to alleviate angry voters’ stress over pricey gas and groceries, exorbitant mortgages and unaffordable healthcare.

Democrats would do well to recall that the affordability strains that helped deliver them to power are not dissimilar to those that delivered…

Opening of the article, excerpted from The Guardian Business. To read the rest, open the article on the publisher's site.