President Trump and the GOP — almost always seen as stronger than Democrats on economic questions — suddenly find themselves in the same hole former President Biden fell into and never climbed out of:
- You can't convince Americans your economic policies are working if they're paying 20% more for a cup of coffee.
Why it matters: Tuesday night's resounding blue wave of Democratic victories across the country was partly a verdict on high prices and the cost of living during the first year of Trump's second term.