This is basically self inflicted, as usual messing up in the Middle East always ends up with consumer paying the price for their ruler's stupidity
"Oh no, my drinking water tastes like crap after I pooped in the well"
But unlike in the old days, US wins from higher prices. Even consumers wins (because they make more money on average, and their imported goods are cheaper because balance of payments shifts in US favour because of oil exports).
Voters are furious because of psychological factor of gas prices (purely psychological, it has nothing to do with economy or people's purchasing power). It bites politician's asses real hard.
So, Trump undermined himself by launching that war - but others are fine.
Calling people's anger purely psychological is simply wrong and extremely out of touch. Perhaps you personally are in a privileged position where this is all great, but most people aren't. Most Americans work a regular job and don't have a huge amount of wealth. They make the same amount they did at the beginning of the year, but all of their expenses have increased by a significant amount since then.
Maybe down the line they'll be able to enjoy marginally cheaper socks or TVs or whatever, but that does nothing to help them afford higher gas and grocery prices this month.
qalmakka · · focus · HN ↗
"Oh no, my drinking water tastes like crap after I pooped in the well"
anovikov · · focus · HN ↗
Voters are furious because of psychological factor of gas prices (purely psychological, it has nothing to do with economy or people's purchasing power). It bites politician's asses real hard.
So, Trump undermined himself by launching that war - but others are fine.
rurp · · focus · HN ↗
Maybe down the line they'll be able to enjoy marginally cheaper socks or TVs or whatever, but that does nothing to help them afford higher gas and grocery prices this month.