Rising Prices
What to know: Swing state voters are blaming President Joe Biden for today’s cost-of-living crisis—and for good reason. During his tenure in office, food prices have jumped by an average of 20% while the average real weekly paycheck is down by roughly 4.4%
The TPPF take: Bidenomics doesn’t work.
“Anyone who’s gone to the grocery store lately knows that prices are up and portions are smaller. It’s a difficult time for U.S. consumers, especially those on fixed incomes and of limited means,” says TPPF’s James Quintero. “In light of Bidenomics’ obvious failings, it would behoove policymakers to return to an economic model that favors free-markets, less government, and constitutional order.”
For more on inflation, click here.
Down Mexico Way
What to know: Don’t expect much improvement in U.S.-Mexico relations, even after Mexico’s new president takes office.
The TPPF take: Incoming President Claudia Sheinbaum will maintain the current administration’s policies.
“She’s not going to improve the relationship with the DEA, which is at a generational low,” says TPPF’s Joshua Treviño. “She is a creature of [outgoing President] Obrador and the idea that she would depart in any way from him is really not possible. She has no independent political base.”
For more on Mexico, click here.
No Thanks
What to know: Sales of electric vehicles continue to plummet, despite massive investments, subsidies and political pressure. And prices are only going up, decreasing demand even more.
The TPPF take: Americans simply don’t want to be forced into electric vehicles.
“No matter how many subsidies and regulations the federal government pushes onto the market, consumers prefer gasoline’s convenience and reliability,” says TPPF’s Jason Isaac. “They are also waking up to the fact that EVs have not delivered on their highly anticipated environmental promise.”
For more on electric vehicles, click here.