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Image of the inflation icon with illustrations of home supplies and oil

Weatherhead's Michael Goldberg explains why rising prices shape voters’ views of the economy

Media | November 04, 2026 | Story by: Editorial Staff

It’s the economy, stupid: Gas prices, tariffs, the Iran war... Trump ignored Americans’ real pain. Now he’s paid the price

The Independent: Michael Goldberg, professor at Weatherhead School of Management and associate vice president of the Veale Institute for Entrepreneurship, said rising prices for everyday essentials such as gas and groceries can outweigh positive economic indicators like GDP growth and stock market gains, creating a constant reminder of financial hardship that voters often blame on the party in power.