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The Explainer

They Set the Price of Staying Alive. Both Parties Protect Them.

Across two continents, one force is deciding elections, and it is not ideology. It is the price of staying alive. In Spain, Prime Minister Pedro Sánchez has called early elections after his government lost a legislative vote on emergency measures tied to the country's housing crisis. In the United States, strategists have flattened the coming midterms into a single word — affordability — in swing states where gas, electricity and housing prices have all soared and where the Senate will be won or lost.

State the pattern plainly. Capital has made the basics unaffordable, and the political class on both sides is competing to sell a cure while leaving the cause untouched. Business Insider reports that candidates on both sides of the aisle are touting their plans to bring costs down. That symmetry is the tell. When the landlord's party and the opposition both campaign on lowering your rent, neither intends to name the landlord.

Walk the evidence. The one grievance that now crosses the partisan line is hatred of AI and data centers, and the administration's answer is to barrel forward. The Raw Story describes Donald Trump barreling forward with a vow even Republicans despise, backed by a handful of non-billionaires who simply follow whatever Donald Trump says. Set that beside the electricity bills climbing across the swing states and the shape of it is clear: the people who own the buildout are not the people who pay for the power it draws.

Name that capital, because both parties work to keep it nameless. The same president is leaning on South Korea to buy Alaskan gas, warning that otherwise, as he put it, "I'll just charge them more" — energy wielded as a cudgel, the cost passed down the chain. And when the question of who pays for a heating planet reaches the Supreme Court, it arrives as Boulder, Colorado's suit to hold Exxon Mobil and Suncor Energy liable, seeking financial damages for the impacts of climate change. The culprits have names.

Spain shows where this ends when a government is finally cornered. Sánchez did not choose the ballot box; he was forced to it by a bruising defeat over housing, the one commodity the market has priced out of reach of the people who need it most. A housing crisis is not a weather event. It is a transfer — from tenants to owners, from wages to rents — and when it becomes acute enough it does not merely anger an electorate. It collapses the governments that managed it instead of ending it.

The left should take no comfort in the assumption that an affordability crisis automatically delivers it power. In Maine, even in a year shaping up well for Democrats, the party is struggling to beat Susan Collins. A cost-of-living revolt does not pick a side on its own; it goes to whoever names the culprit first and most convincingly. And the administration is already buying time — Trump is promising health-care rebate checks before the midterms that, for Medicare recipients, may offer only limited relief from rising premiums. Relief is always one election away.

Here is who it costs. Not the brand strategists quoted on the Big A. Not the firms behind the data centers, nor the energy companies in the dock. It costs the tenant in Spain priced out of a flat, the worker in a swing state choosing between the gas tank and the power bill, the voter told once again that relief is one election away. The price of everything is now the whole terrain of politics, left and right. The difference the left has to insist on is the one both parties are working to erase: that these prices were set, by someone, who profits, and who could be made to stop.