Sandy Shanks
Gold Member
- Jul 10, 2018
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- #1,041
It is not looking good for our President. While dealing with a barbaric war in Ukraine that promises to get worse, Biden must deal with crushing inflation at home.
Chris Cillizza writes, "The Consumer Price Index – a measure of inflation in the economy – hit a four-decade high in March, a brutal reminder for Democrats of the political headwinds facing them as they seek to keep their majorities in the House and Senate this fall.
"Prices rose 8.5% from March 2021 to March 2022, while they increased 1.2% from February to March. Half of the increase in the CPI was due to rising gas prices in March.
"The problem for Biden (and his party) is that it’s not at all clear that people care why everything they are trying to buy costs more. [Which explains why they blame the President] All they know is that gas prices are through the roof – although they are lower this week than last – and everything they want or need to buy costs more (a lot more) than it did a year ago.
"Inflation is such a powerful issue in politics because, unlike, say, foreign policy, it touches every person on a daily basis. You notice when it costs more to fill up your car. Or shop for groceries. Or buy just about anything."
Which explains why -- come November -- the Democrats are in trouble, although it is iffy the party responsible for Trump can do any better.
Chris Cillizza writes, "The Consumer Price Index – a measure of inflation in the economy – hit a four-decade high in March, a brutal reminder for Democrats of the political headwinds facing them as they seek to keep their majorities in the House and Senate this fall.
"Prices rose 8.5% from March 2021 to March 2022, while they increased 1.2% from February to March. Half of the increase in the CPI was due to rising gas prices in March.
"The problem for Biden (and his party) is that it’s not at all clear that people care why everything they are trying to buy costs more. [Which explains why they blame the President] All they know is that gas prices are through the roof – although they are lower this week than last – and everything they want or need to buy costs more (a lot more) than it did a year ago.
"Inflation is such a powerful issue in politics because, unlike, say, foreign policy, it touches every person on a daily basis. You notice when it costs more to fill up your car. Or shop for groceries. Or buy just about anything."
Which explains why -- come November -- the Democrats are in trouble, although it is iffy the party responsible for Trump can do any better.