Dan Pfeiffer: “Despite the pundit-driven talk about the political toxicity of the Affordable Care Act, the biggest reason Democrats lost 63 House seats in 2010 was persistent double-digit unemployment from the 2008 financial crisis. Voters were angry about the economy and took their anger out on President Obama and the Democrats. Same thing happened in 1994 when Democrats lost the House for the first time in a half-century. There is a school of thought suggesting Trump’s 2016 victory was driven by a mini-recession in manufacturing as much as it was by James Comey’s poor judgment.”
“With President Biden’s approval ratings hovering at an all-time low and Americans expressing growing concern about the economy, that dynamic is playing out again.”
“Or is it?”
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