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 CNN
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2026-11-04T11:00:15.000Z

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Economy Behind Dem Shift

Economy Behind Dem Shift

Despite low unemployment and resilient consumer spending, Americans’ cost-of-living concerns worsened under President Donald Trump, as inflation rebounded and real pay declined. Voters linked higher costs—including a $1,150 increase in average household fuel expenses since the Iran war began—to Trump administration policies and Republicans’ failure to extend health insurance subsidies. Dissatisfaction with the economy was a major factor in Republicans’ defeat in the midterm elections.

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