Jeff Snyder
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, this is not a messaging thing.
The fact that they try to treat it as a messaging problem shows that they're still kind of out to lunch on it.
It is absolutely a real thing.
The original problem here that Republicans had specifically is they came in last year or the year before.
Sorry, it's 2025 or 2026 now.
They came in the year before and said, we're going to bring prices down.
Well, in economics, prices don't go down.
That was a mistake to begin with.
When prices went up back in 21 and 22, that was a permanent change.
You can't go backwards.
Every supply shock in history, prices go up in a step fashion, and then they level off where they are at a new step fashion or the new equilibrium, and they stay there.
So what Republicans should have said is, you want to blame Biden for that?
Fine.
Biden made you poorer.
Now we're going to try to fix it.
Not by getting prices to go down, because they will not go down.
They should have been clear on that.
Prices will never go down again.
We are never going to see 2019 prices again.
So what we're going to try to do is,