FiveThirtyEight: “It’s no secret that inflation is politically powerful. You can’t miss rising prices, and research has found that Americans care deeply about inflation. But the politics of handling it is messy, and should prices continue to rise, Biden has a difficult task. He faces a country that views inflation through a highly partisan lens — and that will judge his performance on the issue accordingly. If he ignores inflation, it could spiral as it did with Carter. But at the same time, should Biden react too forcefully, the cure could be worse than the disease.”
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