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EconomyTrump may have lost, but don’t bet on Democrats fixing the economy

The article argues that rising living costs helped drive Democrats’ major election gains, but they have limited power over the next few years to ease voters’ burdens from gas, groceries, mortgages and healthcare. War, tariffs, immigration policy and the budget deficit constrain their options, while the AI investment boom may not ease economic strains.

US economyDemocratscost of livingDonald Trump

People in this report Donald Trump

TThe Guardian★★★☆☆2026-11-07 11:00Original

Trump may have lost, but don’t bet on Democrats fixing the economy
Trump may have lost, but don’t bet on Democrats fixing the economyEconomy