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The trend is that when the economy is bad for the average person, it hurts the incumbent.
I don't think the people whose votes swung the election in Trump's favor know how tariffs work or what policies Musk has in mind. They don't even know why eggs are expensive (bird flu); they just know things were cheaper last time Trump was president.
Of course that's assuming there's a free and fair election next time around.
And these goldfish forgot that gas prices were low because of a botched COVID response that way, way reduced demand and rocketed back up because we all got out of lockdown and demand went back to normal, at least that was partly why the prices went up.
Price-gouging had a lot to do with it too.
This is the answer. Corporations were quite giddy over this, in fact.
Complaining that people don't know how economics work and that they have the memory of a goldfish is like complaining that knights move weird in chess.
These are the rules of the game we're trying to win. Whining about how stupid everyone is doesn't change the fact that we need to get stupid people to vote.
A bit of that, a bit of ordinary inflation, and a bit of Putin's war. I find it unlikely the current president had reasonable options to prevent any of that.