Biden’s Mounting Midterm Threat

“Democrats once expected a thriving post-Covid economy to be their big strength heading into the midterms. Instead, the path to Election Day is littered with land mines for a party struggling to avoid annihilation at the ballot box,” Politico reports.

“President Biden and Democratic lawmakers face the threat of spiraling inflation, driven by soaring food, energy and lodging costs. The Federal Reserve is embarking on an aggressive series of interest rate hikes — as many as seven this year alone — to curb rising prices and slow the economy. The war in Ukraine is further disturbing supply chains, roiling commodities markets and fueling uncertainty. Add in a new wave of Covid lockdowns in China that could bring more disruptions to trade and you’ve got a toxic mix.”

Karl Rove: “Mr. Biden and congressional Democrats have made mistakes in policy, message, ideology and tone over the past 14 months. They’ll pay a fearsome price later this year.”