this post was submitted on 09 Oct 2025
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No, they arent dumb for not liking price increases. It's the lack of understanding of cause and effect that makes them dumb, not liking or disliking an effect.
The reason that saying is relevant is because people are stupid. The president has to care about the economy but the reverse is almost never true
Of course as with many situations, trump is the exception to the rule: because congress isn't doing its job and is allowing trump to randomly increase costs by 100% then 50% then 200% then 100% over the course of a single summer, he has had an outsized impact on the economy in a way that no other president has had for generations. And he managed to do it twice, the first time bungling covid so badly that he contributed heavily to the massive inflation we've experienced since he was last in office.
The economy grows on stability, not random acts of chaos, violence, and retribution.