header-langage
简体中文
繁體中文
English
Tiếng Việt
한국어
日本語
ภาษาไทย
Türkçe
Scan to Download the APP
Partnered With:

The cost of living in the United States remains persistently high, and the Democratic Party has pledged to prioritize addressing livelihood issues rather than seeking retaliation against Trump.

BlockBeats news, November 4 — After the U.S. midterm elections, the high cost of living has become the top policy issue for Democrats as they are about to take control of Congress. Relevant data shows that since Trump's second term began, the U.S. Consumer Price Index (CPI) has cumulatively risen by about 5.4%, food prices have increased by about 4.5%, and gasoline prices have surged by about 39%.


Multiple polls before the election showed that about 90% of respondents considered the cost of living an important factor influencing their vote, and nearly two-thirds of voters attributed inflation to the Trump administration's policies. Republicans also lost control of both the Senate and the House of Representatives in this midterm election due to voters' dissatisfaction with prices and economic pressure.


House Democratic Leader Hakeem Jeffries, who is expected to become Speaker of the House in January next year, said that after Democrats take control of Congress, the focus should be on lowering the cost of living rather than seeking revenge against Trump. He pointed out that the American people want Democrats to effectively address the problem of excessively high living costs, not to engage in political retaliation against Trump. Democrats won the election on policy proposals to improve affordability of living, and now they need to fulfill their governing responsibilities around this goal.

举报 Correction/Report
RelatedRecommended
Under the overlap of economic pressure, information overload, and extractive business models, young people are losing trust in institutions, and rational choices are being pushed towards a survival mode akin to gambling.
The burst of the Artificial Intelligence bubble will trigger a new round of financial turmoil, leading to a global return to monetary easing. During this time, Bitcoin will experience a temporary decline followed by a rebound.
Marc and Ben tried to meet with Biden but were rejected, and their recent meeting with Trump gave them a deeper understanding of his personality. In the current policy environment, Trump is more suitable than Biden to promote the development of technology and start-ups.
19 historical samples support a post-election rebound, but the Senate outcome remains uncertain, and escalating tensions with Iran could shatter market optimism.
I have seen many people make big money in the financial field. They may look foolish, but they have a talent that I cannot understand.
Correction/Report
Submit
Add Library
Visible to myself only
Public
Save
Choose Library
Add Library
Cancel
Finish