President Trump and the GOP — almost always seen as stronger than Democrats on economic questions — suddenly find themselves in the same hole former President Biden fell into and never climbed out of: • You can't convince Americans your economic policies are working if they're paying 20% more for a cup of coffee.

Why it matters: Tuesday night's resounding blue wave of Democratic victories across the country was partly a verdict on high prices and the cost of living during the first year of Trump's second term.

The big picture: The White House says Trump's message on affordability hasn't changed. But the urgency certainly has increased. • Biden's White House tried to make the same argument, to no avail. • As Axios chief economic correspondent Neil Irwin notes, you can say inflation'

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