The inflation electorate will hold Biden and Democrats accountable at midterms | Fox News

Most Americans blame Joe Biden and the Democrats for the problems we are facing today. In the October Harvard CAPS-Harris Poll, 55 percent of voters, including 42 percent of Democrats, blamed Biden for inflation. They believe that the “American Rescue Plan” was too much government spending at the moment the economy was recovering from the pandemic and the result was to let the inflation genie out of the bottle again. Whether that is in fact true is something economists will no doubt debate, but former Treasury Secretary Larry Summers accurately predicted the impact of the bill and warned of its effect. 

The electoral impact of this issue is singularly powerful. We define the inflation electorate’ as the 25 percent of respondents in September s Harvard-Harris Poll who say that inflation is their number one concern for the midterms and that their personal financial situation is worsening. Nearly half these voters are Democrats or Independents but the Congressional generic ballot among them favors the Republicans by a lopsided 69 percent to 31 percent. It is in my view that inflation and its impact is the key factor giving Republicans the clear edge in these midterms. 

via www.foxnews.com

The “American Rescue Plan” was the Withdrawal from Afghanistan of economic policy. Anybody could have and should have seen what the effects would be, yet it was carried on recklessly, and in panic, and amounted to the opposite of a rescue. More like the panicked cry of “She’s sinking!” and rushing for lifeboats, leaving women and children behind, and grabbing every you could carry.