Inflation is a Political Wrecking Ball

… Americans continue to watch their paychecks erode as they confront higher prices in nearly every aspect of life. It will take an act of God or an incredibly inept Republican Party to fail to convert this economic pain among voters into control of one or both legislative chambers in the November elections.

As recent Global Progress/YouGov data from 11 leading democratic countries shows, inflation is a political wrecking ball for incumbent governments. Although citizens don’t have a consistent idea of what should be done about inflation—and many opposition parties have no clear alternative policy ideas on the matter—most voters don’t like the situation and are apt to punish sitting parties for rising costs regardless of their actions. CONTINUED

John Halpin, The Liberal Patriot


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