Today, Explained Trump can't bring prices down
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Nov 17, 2025 
Victoria Guida, an economics correspondent for Politico, and Catherine Rampell, economics editor at The Bulwark, dive into the complexities of pricing amid economic promises. They discuss how Trump's tariffs aimed at job protection have inadvertently raised prices. The duo explores the rising costs of energy and food, as well as escalating housing prices. Rampell highlights the difficulty of presidential influence over prices, emphasizing that falling prices may indicate economic trouble. Voter dissatisfaction rooted in unmet affordability promises adds a fascinating layer to the conversation.
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Electricity Costs Are Rising Fast
- Electricity prices have risen sharply and vary regionally due to grid costs and policy choices.
- Opposition to green energy under Trump likely contributed to higher electricity costs.
Groceries Keep Getting More Expensive
- Grocery prices have continued to climb, with big jumps in coffee, beef, and eggs.
- The administration has recently eased food tariffs, implicitly acknowledging their price impact.
Housing Costs Stay High Despite Slower Rent Growth
- Rent is still rising but at a slower pace due to local housing construction.
- Mortgage rates remain high and lower rates often increase demand, keeping prices elevated.