Inflation may have gone down....
"May have"?
A little searching on the internet will show that it "definitely has".
....but prices presumably haven’t.
Again, searching quickly shows that
inflation is quite low, but not zero.
So if inflation has consistently outstripped wage increases (which has been the case for over a decade in most of the world), working people are still feeling the pain.
In the last 2 years, after recovering from Trump's
disastrous economic policy of paying people to
not work, wage gains exceeded inflation.
The rate of inflation overtook the growth of wages in April 2021. High rates of inflation means that consumers are seeing a decrease in purchasing power
www.statista.com
That in itself doesn’t explain why Americans have elected a malignant narcissist, serial liar, and misogynistic conman as President, but it does explain why they wanted to punish the incumbents.
Trump voters favored him because of tribal membership,
& reliance upon the false information he fed them.
"They're eating the pets!"
"Inflation is high!"
Also, Biden was a poor candidate...uninspiring & doddering.
Then he was replaced with his uninspiring DEI clone, Harris.
Trump didn't have much competition.