Post #31984 by albaby1 on the US Policy board

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no, what we heard, as amplified by media, was an anchoring to absolute price levels when blaming biden for inflation.

There's no inconsistency there. Voters hated Biden's handling of the economy because prices rose so much during the times of peak inflation, and they weren't satisfied just because the rate of inflation got down closer to pre-pandemic levels.

Trump wasn't in office during the inflation surge, so he doesn't get tagged with it. So voters will be relatively satisfied if inflation rates remain modest going forward. They'd like $2 gas, but they're not going to be deeply unhappy if gas prices are closer to $3 in 2028.

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