July 26, 2022
The midterms are less than five months away, and with President Biden’s approval numbers at a historic low, Democrat prospects for holding power in Washington appear dire. Even worse polling numbers afflict the Biden Administration on their handling of the economy, with a dismal 30 percent approval rating, and it is not difficult to understand why.
Americans are feeling the effects of the highest inflation rate in 41 years, impacting their everyday lives and sapping thousands of dollars from their household income. Gas is up almost 60% making it more expensive to go anywhere, especially to the grocery store, where staples like eggs and ground beef are up 33%. There are few areas of our consumer and wholesale economy not impacted by rapacious inflation rates, creating long-term uncertainty across the nation.
The Biden Administration is, of course, aware of all of this and hatching a plan to blunt their electoral disadvantages in November. Yet just as inflation has ravaged household incomes, their politics masquerading as policy will likewise do great damage to consumers.
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