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Voters angry about high prices may get little relief from the next Congress
The Washington Post • • general
Key Points:
- House Democratic Leader Hakeem Jeffries has pledged that the party’s "affordability agenda" will reduce the high cost of living across various sectors.
- However, key drivers of inflation include the Iran war's effect on energy prices, the economic impact of the artificial intelligence boom, and trade policies implemented by former President Donald Trump.
- Even if Democrats gain control of both the House and Senate in the upcoming elections, it is unlikely they could end the Iran war or reverse Trump-era tariffs due to political opposition and strategic considerations.
- Additionally, Democrats are unlikely to hinder the growth of the artificial intelligence industry despite its inflationary effects.
