In 1992, James Carville coined the phrase, “It’s the economy, stupid,” referring to how the economy affects one’s personal finances. This phrase was credited with playing a big part in getting Bill Clinton elected President.

The economy means different things to many people. Some give their attention daily to the stock market, i.e., the Dow, S&P, NASDAQ. Economists talk about the gross domestic product (GDP), tariffs, trade deficits, the Federal Reserve, and the national debt.

While each of these aspects of the economy may be important to the economic engine of the country, most people’s attention is focused on their own personal cost of living. Balancing the cost of housing, energy, healthcare, groceries, etc., with their income is what’s most important to them.

There is no disputing that during the pandemic businesses were closed and there were disruptions in the supply chain, both of which contributed to high inflation. The Biden administration worked to reduce inflation through the implementation of various policies and the passage of the Inflation Reduction Act. The measure of success of these policies varies depending on who is making the analysis.

Biden and those in his administration touted the success of the stock market, growth in employment, and other economic indicators. Unfortunately, too many consumers did not share the enthusiasm because they were still struggling with their personal finances. They felt their concerns were falling on deaf ears. And so, we got Trump, once again.

Now, many people are experiencing the same angst when it comes to personal finances. Egg prices are down and gasoline costs slightly less, but in general, groceries, housing and utilities are costly. Healthcare is becoming so expensive some people may have to do without it. Donald Trump, while pointing to the stock market and bragging about tariffs, insists that he has resolved our inflation crisis. Anyone who does their own shopping, even if it’s at their local dollar store knows that is not true.

Think if you took your car to a mechanic and explained that you cannot find enough air to put in your tires to keep your car moving. The mechanic tells you he checked the oil, the engine, the brakes, and everything is in good shape. You repeat that you have just enough air either for a little in each tire or to properly fill one or two. The mechanic shrugs and says the car is running just fine. That is what many people are experiencing, and they can’t get the right people to listen to their concerns.

If we can’t get the government to understand we need air in our tires to roll ahead, we should just quote Mr. Carville. “It’s the economy, stupid.”

Sally Myers is a Jamestown resident.