The term "affordability crisis" is emerging as a key political slogan, particularly for Democrats in the US and discussed in Europe, reflecting voter concerns over rising prices for everyday goods like food and energy. However, the article suggests "affordability" is a vague concept, with voters desiring contradictory outcomes such as low prices and high wages. It warns that a misdiagnosis of the problem could lead to harmful policies, distinguishing between perceived and actual economic pressures, noting that while some prices have increased, wages are also reportedly growing faster than prices.