Soaring Inflation Fueled by Reckless Spending Will Come to Bite Democrats in November: Analysts
Posted: Fri Apr 15, 2022 12:19 am
A recent poll finding that only 38 percent of Americans approve of the job that President Joe Biden is doing—down from 41 percent in December and 48 percent in July— is only the latest in a stream of bad news for the Democratic Party as November’s midterm elections draw near. The 53 percent of Americans in the CNBC poll who said they disapproved cited Biden’s handling of the economy, along with the Ukraine crisis, as the primary reason. In his recent public statements, Biden has tried to emphasize the good news and has called attention to a drop in unemployment figures during his administration, from 6.4 percent in January 2021 to 3.6 percent at present. But these figures appear to do little in distracting the public from an inflation rate that has driven the consumer price index (CPI) up 8.5 percent over the last year, resulting in the highest rate in four decades. ...
Source: https://www.theepochtimes.com/soaring-i ... 04922.html
Source: https://www.theepochtimes.com/soaring-i ... 04922.html