Inflation Is Biden’s Biggest Political Problem

Washington Post: “The White House’s attempts to deflect blame may prove insufficient politically. As recently as this fall, senior Democrats were still expressing cautious optimism that inflation could fade from the national discourse by the 2022 midterm elections and in time for the party to recover its footing. That optimism is fading.”

Said economist Mark Zandi: “I think the economic backdrop is as dark as it has been since the start of the administration. It’s just a very, very dark and deep problem… There’s nothing more pernicious on the collective psyche than having to pay more. And it’s only set to get worse.”