Posted at Hartmann Report on Sep. 24, 2026
The Biggest Lie About America’s Affordability Crisis Is Hiding in Your Paycheck
Prices didn’t leave working Americans behind all by themselves. Decades of weakened unions, stagnant wages, billionaire tax cuts, and policies favoring capital changed who gets the money…
The “affordability crisis” that Democrats are running on and Trump calls a “scam” is almost always framed as being about prices being too high. But that’s only half of the equation, and the other half — income being too low — is almost never discussed outside of Bernie Sanders’ circles. There’s an insidious reason for that, which I’ll lay out in just a moment.
Politicians promise to “bring prices down” as if prices exist in some sort of economic or political vacuum. But prices are set in dollars, and the true definition of inflation isn’t that prices go up (that’s a consequence of inflation) but that the value of the dollar goes down.
Inflation, in other words, doesn’t quantify the rising cost of living so much as it measures the declining purchasing power of the dollar. And inflation never reverses (except in true depressions).
