Affordability was a top issue at the polls. Can Democrats deliver results?
Summary
Following a midterm victory driven by voter frustration with high prices, this episode examines whether Democrats can effectively lower costs for Americans. Economist Martha Gimbel explains that while supply-side issues like housing take time to resolve, immediate relief may depend on Congress countering executive actions such as tariffs and the Iran war. The discussion highlights the potential for bipartisan legislation on energy and healthcare, while noting that significant price drops will likely require sustained political pressure and time.
Topics discussed
Introduction: Democrats' affordability pledge
Sponsor: Car Talk and NPR Plus
Sponsor: Planet Money on France's economy
Sponsor: Cure Duchenne
Voter frustration with high prices
Econ 101: Why lowering prices takes time
Pressure to act before the 2028 election
Executive actions: Iran war and tariffs
Bipartisan potential: Housing and energy bills
Health care costs: Obamacare and Medicaid
Conclusion: Optimism vs. economic reality
Credits and sponsor: Throughline
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