With six months to go until the 2022 midterm elections, the economic indicators continue to deteriorate for Democrats. While unemployment remains low and the economy continues to grow (except for a recent hiccup that few take seriously), inflation is up dramatically, and interest rates are spiking. …
The president doesn’t have a lot of options when it comes to trying to slow inflation. It’s the Federal Reserve, after all, that is tasked to assure price stability, and the Fed may well have already miscalculated. …
Of course, it really doesn’t matter who missed the boat on inflation. The one thing certain is that an incumbent president will get the blame. Indeed, Biden already has. CONTINUED
Stuart Rothenberg, Roll Call
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