We're doing well, two full-time and one part-time income are plenty, though we are feeling the pinch in high costs for gasoline, food, and HVAC (the winter heating bills were particularly rough).
Regarding price caps, the downside to them is that they do not solve the issue of supply. Keeping prices down guarantees that the supply will be gone earlier, and shortages will begin sooner and be felt longer. One way to deal with that is rationing, which is another kind of shortage. Runaway prices are not good either, but in a time of scarcity and inflation there aren't any good solutions at the local level. The administration seems intent on making things worse in the hopes that it encourages development of alternative energy, but it feels a lot like the 70s, when Carter was telling us that the good times were over and Reagan came along promising that they were just beginning.
In other words, if you're trying to avoid Trump 2.0, this is the worst possible way to do it.