With less than five months to go before voters elect all members of the House of Representatives and one-third of the Senate, the current Democratic congressional majority is facing an extremely unfavorable election environment. The party of the president typically loses U.S. House seats in midterm elections — an average […] Read more »
Household Spending Expectations Rise Sharply; Credit Access Perceptions and Expectations Deteriorate Further
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the May 2022 Survey of Consumer Expectations, which shows that inflation expectations increased at the one-year horizon and remained stable at the three-year horizon. Household spending expectations over the next year rose sharply to a new series […] Read more »
Politico-Harvard poll: Majority of Americans support more Covid aid for the uninsured
Most Americans strongly believe the federal government should continue to pay for Covid-19 testing, vaccination and treatment for uninsured individuals, according to a POLITICO-Harvard survey, underscoring the nation’s ongoing anxiety about the virus despite inflationary pressure. … The survey of 1,025 adults, conducted May 6 to 9, found that nearly […] Read more »
Biden unites country, but it’s not what you think
On Monday, gas prices hit another record high. A new poll showed the country slipping into what might be appropriately called a season of discontent. And the commander in chief forgot to remember D-Day, saving his skin with a last-minute, late-night tweet. Just the kickoff to another week in the […] Read more »
California is about to experience a political earthquake. Here’s why
An earthquake is building in Tuesday’s California elections that could rattle the political landscape from coast to coast. In Los Angeles and San Francisco, two of the nation’s most liberal large cities, voters are poised to send stinging messages of discontent over mounting public disorder, as measured in both upticks […] Read more »
Three in five Americans disapprove of Biden’s handling of economic recovery
A new ABC News/Ipsos poll finds that President Joe Biden’s approval rating on a number of key issues—including economic recovery, inflation, and gas prices—remains underwater with the American public, as a majority disapprove of the job the president is doing. While Biden’s standing on these issues remains largely unchanged from […] Read more »