Affordability and the mid-terms 2026

14,809 Views | 218 Replies | Last: 5 days ago by nortex97
nortex97
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So, we hear a lot about 'affordability' as something that is terrible, and the DSA dems will work to solve and it is all Trump's fault. But how accurate is that narrative?

Is the economy actually in a good or poor shape?

I don't think 'cost of living' is adverse/deteriorating despite the Iran war/gas prices above $3 per another thread. Why would voters want to give the DSA-Dems more power to harm the economy while Trump is president?
MemphisAg1
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I'm all in for the R's retaining Congress in the midterms, but I don't think it's helpful when R advocates try to downplay concerns around affordability. Kevin Hassett and Peter Navarro are two of the worst. Constantly spinning everything that comes out to make it sound like everything is peaches and cream. People know when someone is pissing on their boots and trying to tell them it's raining.

They need to stop it; it is not helping with voters. Focus instead on what they are doing to make things better. Be truthful about the time it will take for some of that stuff to register on economic scorecards. But stop the damn spinning.

Plenty of economic challenges out there today for those who aren't making a killing in the stock market or benefitting from the AI-craze buildout. Republicans ignore that at their own peril.
HumpitPuryear
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When have dimocrats pot banging ever resembled reality? But FUD works. They may or may not win seats but the FUD is impacting the economy and political decision making at a minimum.
Sid Farkas
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fully half of the affected people have $1k cellphones and doordash accounts - crying about affordability because social media told them to...and TDS.
CDUB98
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Quote:

Why would voters want to give the DSA-Dems more power to harm the economy while Trump is president?


You're looking at this too rationally, and from a place of comfort. No disrespect intended.

The poor and lower middle class are getting crushed. They will irrationally look to anyone who promises to solve their problems. They often do not have the emotional control to think through things.

The DSA is promising a utopia where the rich get eaten and the poor get everything. They latch on to that messaging, not knowing the reality of their eventual demise under that system.
CDUB98
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Ultimately, the problem remains the same, and neither party is going to fix it.

SPENDING

Chucking trillions in debt out every year is the main, underlying cause. It's an undefeated law of economics. The only thing the two sides argue about now are what to spend it on.
one safe place
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CDUB98 said:

Quote:

Why would voters want to give the DSA-Dems more power to harm the economy while Trump is president?


You're looking at this too rationally, and from a place of comfort. No disrespect intended.

The poor and lower middle class are getting crushed. They will irrationally look to anyone who promises to solve their problems. They often do not have the emotional control to think through things.

The DSA is promising a utopia where the rich get eaten and the poor get everything. They latch on to that messaging, not knowing the reality of their eventual demise under that system.

The poor and lower middle class have been supporters of democrats forever. The democrats have always appealed to them via promises of freebies.
CDUB98
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Fair point, but my anecdotal opinion is that it use to be a bit more balanced....before the education system became nothing more than Marxist indoctrination.

However, let me add, as the inflation has taken its toll since Covid, more middle class have slipped further down the ladder. Squishy voters and even previous non-voters are now buying into the DSA lies of utopia.

The K-shaped recovery is not just an economic talking heads spin, it is fairly real.
AgDev01
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Sid Farkas said:

fully half of the affected people have $1k cellphones and doordash accounts - crying about affordability because social media told them to...and TDS.


The only TDS in this case is those who willfully ignore what is right in front of their face to blindly defend this administration.

Trump ran on affordability. It was one of his primary issues. Since taking office it seems every action he has taken has only done the opposite of what he campaigned on. He has added trillions to the debt with additional spending. Increased costs and taxes via tariffs, and driven up oil and gas prices via starting wars.
nortex97
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CDUB98 said:

Ultimately, the problem remains the same, and neither party is going to fix it.

SPENDING

Chucking trillions in debt out every year is the main, underlying cause. It's an undefeated law of economics. The only thing the two sides argue about now are what to spend it on.

I don't take issue with that, but it's not going to drive voters in 2-ish months.

It's insane that Democrats are able to pander about the economy to low info voters (via the propaganda press) to even stand a chance to take either side of congress. All they want to do is spend into oblivion.
flown-the-coop
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The DSA is the biggest gift to Rs in 50 years, maybe ever.

The R majority in the Senate is likely to grow to 55 plus, and that's with kicking out Cornyn and Cassidy. So a plus 4 or 5. Could have been more with better candidates in some races and an end to Alaskas ****nannery voting system.

I still think the house is a surprise and the Rs keep a majority, maybe even expand it. The midterm convention will give some clarity on this.

Regardless, the Senate is not going to flip and certainly not approaching a 67 majority for the haters of America. If it flips by 1 or 2, then welcome two years of seeing just how far Trump can push executive powers. Hell, I actually yearn for that scenario.
evestor1
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We only have ourselves to blame for affordability.

I am of the opinion that food and cars are first issue that we need to take accountability for. Our society drains discretionary fund on those two items in a insane manner.


The other issue is housing. No one likes to say it ... but cheap housing is out there. Unfortunately, you will sacrifice safety and convenience for price.

BigRobSA
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evestor1 said:

We only have ourselves to blame for affordability.

I am of the opinion that food and cars are first issue that we need to take accountability for. Our society drains discretionary fund on those two items in a insane manner.


The other issue is housing. No one likes to say it ... but cheap housing is out there. Unfortunately, you will sacrifice safety and convenience for price.





Yep.

Have been homeless, living out of my vehicle, several times in the last several years. Also lived in extended stay hotels, planning on a house and such, busting my ass for 70plus hour weeks.

I just bought a brand new, very small, house in deep South San Antonio. Pretty good pricing. After, I bought an immaculate used car. Great condition 2016. Not a Bugatti, but a huge step up from a clapped 2010 Impala.

People need to live within their means and bust ass but it's doable. Even for an uneducated half-breed.
CDUB98
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IMO, safety and convenience are not things to trivialize.

We all know crime has been getting worse in blue areas. People, justifiably, don't want to worry about getting stabbed just trying to take the trash out. So, they move out to the 'burbs trying to get away, but then, even if they find a starter home, they spend the equivalent of a car payment on fuel alone.

Am I saying all situations match that? No. But, it is a reality many face.
shiftyandquick
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It's actually the best economy ever, per Trump.

Rove disagrees.

Quote:

Rove told Fox News's Gillian Turner that the president should "start by not gaslighting" the American public about the state of the economy.

"The president made a mistake, in my opinion, last week in saying we've got the greatest economy in the history of the world and prices for groceries and gasoline and everything are coming down rapidly," he said. "That's not the experience of the American people."

RINOs with TDS like Rove, will say anything to attack Trump even if there is about zero truth to it.

https://thehill.com/homenews/administration/6030997-rove-criticizes-trump-economy/
CDUB98
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I don't give a flying **** what Trump or Rove say. I use my eyes and ears and reach my own conclusions.

This discussion was mostly Trump free till you showed up. Go away.
Sid Farkas
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AgDev01 said:

Sid Farkas said:

fully half of the affected people have $1k cellphones and doordash accounts - crying about affordability because social media told them to...and TDS.


The only TDS in this case is those who willfully ignore what is right in front of their face to blindly defend this administration.

Trump ran on affordability. It was one of his primary issues. Since taking office it seems every action he has taken has only done the opposite of what he campaigned on. He has added trillions to the debt with additional spending. Increased costs and taxes via tariffs, and driven up oil and gas prices via starting wars.

The Left got everything they wanted: runaway govt spending, overregulated construction, and an education system designed to reward the education establishment, not student learning.

To no one's surprise they are stupid enough to complain about the cost of living.
MouthBQ98
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The Republicans too often claim there isn't a problem.

The Dems make sure to empathize there is a problem, them promote a solution that only empowers the Democrat party and makes the problem worse for most people pretty much every time.
CDUB98
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Quote:

Trump ran on affordability. It was one of his primary issues. Since taking office it seems every action he has taken has only done the opposite of what he campaigned on. He has added trillions to the debt with additional spending. Increased costs and taxes via tariffs, and driven up oil and gas prices via starting wars.


100% agree with this.

This paragraph, right here, is a great, succinct summary of why the squishy middle will flip the House, either by vote abstention or voting D. Trump lost sight of domestic issues to go play war with Israel, and now we all pay the price.
shiftyandquick
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CDUB98 said:

I don't give a flying **** what Trump or Rove say. I use my eyes and ears and reach my own conclusions.

This discussion was mostly Trump free till you showed up. Go away.

Really, Trump saying this is an excellent economy a few days ago has nothing to do with political discussion about the current state of the economy.

Interesting theory.

Wrong, though.

I know we are getting to the point that we think his lies are just background noise, but we are not there yet. He still has influence. And the GOP is going to going into these elections with the argument that the economy is excellent and if anything is bad, it's because of Biden's policies. I'm not making that up. That's exactly what they are saying on the news shows.
Old McDonald
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if you remember way back in fall 2024, dems were in a similar position. CPI near target, unemployment near historic lows, GDP above trend, equities up sharply, but despite all that economic sentiment was in the toilet and dems got crushed.

the lesson from that election was that the level of prices (shorthanded to "affordability") is far more salient to voters than abstract economic indicators they don't feel directly. trump and republicans won the election largely on promises to make things affordable again and then implemented policy (tariffs, war in iran) which did the opposite. they will likely lose the house and possibly the senate because of it. perhaps they should have learned their lesson.
CDUB98
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NM
schmellba99
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one safe place said:

CDUB98 said:

Quote:

Why would voters want to give the DSA-Dems more power to harm the economy while Trump is president?


You're looking at this too rationally, and from a place of comfort. No disrespect intended.

The poor and lower middle class are getting crushed. They will irrationally look to anyone who promises to solve their problems. They often do not have the emotional control to think through things.

The DSA is promising a utopia where the rich get eaten and the poor get everything. They latch on to that messaging, not knowing the reality of their eventual demise under that system.

The poor and lower middle class have been supporters of democrats forever. The democrats have always appealed to them via promises of freebies.

This.

And the poor and typically lower middle class are always getting crushed - mostly because they make crap financial decisions or simply don't have marketable skills to pull themselves out of the poor or lower middle class.

You could drop $1MM in the bank account of every single person that falls in those two categories and within a year 95% (or more) would be in the exact same position as they were before getting the $1MM. They are poor because they make stupid financial decisions. Nothing will ever change that.
nortex97
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Old McDonald said:

if you remember way back in fall 2024, dems were in a similar position. CPI near target, unemployment near historic lows, GDP above trend, equities up sharply, but despite all that economic sentiment was in the toilet and dems got crushed.

the lesson from that election was that the level of prices (shorthanded to "affordability") is far more salient to voters than abstract economic indicators they don't feel directly. trump and republicans won the election largely on promises to make things affordable again and then implemented policy (tariffs, war in iran) which did the opposite. they will likely lose the house and possibly the senate because of it. perhaps they should have learned their lesson.

CPI near target in 2024? Bidenflation was a thing. That's why Americans rejected Democrats in 2024.

PaulsBunions
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Yes you can't afford housing, yes you can't afford gas, yes we're still importing foreigners to keep your wages down, yes we're still spending the value of your dollar away like a teenage girl with daddy's credit card, yes we're still launching wars with no real plan despite running on peace, but have you checked out the GDP??

Shutup and vote Republican like a good boy.
CDUB98
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If you don't think inflation hits the poor and LMC harder, I don't know what to tell you.

And, not everyone is poor from bad decisions.
schmellba99
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evestor1 said:

We only have ourselves to blame for affordability.

I am of the opinion that food and cars are first issue that we need to take accountability for. Our society drains discretionary fund on those two items in a insane manner.


The other issue is housing. No one likes to say it ... but cheap housing is out there. Unfortunately, you will sacrifice safety and convenience for price.



Yes, and not necessarily on the last part.

The biggest change in housing is the size of houses compared to 40 or 50 years ago. Generally speaking, the per square foot cost ratio to income is pretty much the same - problem is that 50 years ago the average size of a house in the US was ~1500 FT2. In 1990 it was ~2000 FT2. (In 1950 it was just under 1000 FT2)

Today the average size of a house is ~2500 FT2.

The concept of a smaller starter home is absolutely foreign to most people today. They demand a 4 bedroom, 3 bath, 3 car garage luxury home instantly. And it has to have every bell and whistle possible. Kids don't share bedrooms anymore either. The entire concept of what is normal and the idea that you start small and work your way up as you grow in your career and increase your income is absolutely foreign.

Throw in the million other ways we have today to separate us from our money and it ends up with what we have today where people lament the cost of things left and right.
Old McDonald
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nortex97 said:

Old McDonald said:

if you remember way back in fall 2024, dems were in a similar position. CPI near target, unemployment near historic lows, GDP above trend, equities up sharply, but despite all that economic sentiment was in the toilet and dems got crushed.

the lesson from that election was that the level of prices (shorthanded to "affordability") is far more salient to voters than abstract economic indicators they don't feel directly. trump and republicans won the election largely on promises to make things affordable again and then implemented policy (tariffs, war in iran) which did the opposite. they will likely lose the house and possibly the senate because of it. perhaps they should have learned their lesson.

CPI near target in 2024? Bidenflation was a thing. That's why Americans rejected Democrats in 2024.

yeah that's exactly the point. september 2024 cpi was 2.4%, and it didn't really matter because what voters really cared about were that prices rose 20% in three years.

don't expect them to suddenly care that the headline economic numbers look good heading into the 2026 midterms while their affordability concerns are mocked and deepened by the politicians they elected in 2024 to address them.
schmellba99
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CDUB98 said:

If you don't think inflation hits the poor and LMC harder, I don't know what to tell you.

And, not everyone is poor from bad decisions.

I didn't say it doesn't.

Everything hits those classes harder, always has, always will.

And you can split hairs all day and point out some outlier, but the fact of the matter is that the overwhelming majority of people in those two classes are there because they are, generally speaking, financially stupid.

Don't get buttsore that somebody called a spade a spade.
B-1 83
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"Supply and demand" is usually a solid basis for "affordability". With a few million illegals gone, that housing supply should increase nicely.
Being in TexAgs jail changes a man……..no, not really
No Spin Ag
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schmellba99 said:

CDUB98 said:

If you don't think inflation hits the poor and LMC harder, I don't know what to tell you.

And, not everyone is poor from bad decisions.

I didn't say it doesn't.

Everything hits those classes harder, always has, always will.

And you can split hairs all day and point out some outlier, but the fact of the matter is that the overwhelming majority of people in those two classes are there because they are, generally speaking, financially stupid.

Don't get buttsore that somebody called a spade a spade.


People do make stupid decisions, that's true.

It's also true that prices are higher today than they were when Trump was sworn in last year.

Two things can be true, and the non stupid are still feeling the higher prices like everyone else, and they aren't happy.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
flown-the-coop
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schmellba99 said:

evestor1 said:

We only have ourselves to blame for affordability.

I am of the opinion that food and cars are first issue that we need to take accountability for. Our society drains discretionary fund on those two items in a insane manner.


The other issue is housing. No one likes to say it ... but cheap housing is out there. Unfortunately, you will sacrifice safety and convenience for price.



Yes, and not necessarily on the last part.

The biggest change in housing is the size of houses compared to 40 or 50 years ago. Generally speaking, the per square foot cost ratio to income is pretty much the same - problem is that 50 years ago the average size of a house in the US was ~1500 FT2. In 1990 it was ~2000 FT2. (In 1950 it was just under 1000 FT2)

Today the average size of a house is ~2500 FT2.

The concept of a smaller starter home is absolutely foreign to most people today. They demand a 4 bedroom, 3 bath, 3 car garage luxury home instantly. And it has to have every bell and whistle possible. Kids don't share bedrooms anymore either. The entire concept of what is normal and the idea that you start small and work your way up as you grow in your career and increase your income is absolutely foreign.

Throw in the million other ways we have today to separate us from our money and it ends up with what we have today where people lament the cost of things left and right.

Lennar is offering new homes, all things included, for under $200k in the DFW area. I am sure folks will chime in with how far out the nhood is, quality of schools, travel time to select baseball practice, and that Lennar sucks and everything included skips the carpet and paint, but that is part of the point you are making and that I absolutely agree with.

There is an expectation gap amongst these first time homebuyers and its not limited to "affordability".
Im Gipper
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CDUB98 said:

I don't give a flying **** what Trump or Rove say. I use my eyes and ears and reach my own conclusions.

This discussion was mostly Trump free till you showed up. Go away.


It's literally a thread about Trump and affordability.


I'm Gipper
CDUB98
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Im Gipper said:

CDUB98 said:

I don't give a flying **** what Trump or Rove say. I use my eyes and ears and reach my own conclusions.

This discussion was mostly Trump free till you showed up. Go away.


It's literally a thread about Trump and affordability.




Disagree. It's about affordability and the Republican party messaging.
B-1 83
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PaulsBunions said:

Yes you can't afford housing, yes you can't afford gas, yes we're still importing foreigners to keep your wages down, yes we're still spending the value of your dollar away like a teenage girl with daddy's credit card, yes we're still launching wars with no real plan despite running on peace, but have you checked out the GDP??

Shutup and vote Republican like a good boy.

Now tell us in detail the Democrat plans to fix that. Raise taxes? Wide open borders?

*crickets*
Being in TexAgs jail changes a man……..no, not really
 
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