Next week is the anniversary of President JoeBiden and congressional Democrats, including Sen_JoeManchin, passing the Inflation Reduction Act. Although inflation has cooled, consumer prices continue to be elevated.
HOW DEBATE CAN BE MAKE OR BREAK FOR CANDIDATES
"So the idea that the [Inflation Reduction Act] has been a smashing success because it has consistently brought down inflation, that won't be the case on Thursday," Antoni told the Washington Examiner."The other thing is that inflation is still, if you're going by June's number, inflation is still more than twice what it was when Biden took office."
Aside from"government spending, borrowing, and printing too much money," Antoni pointed to energy prices amid the deprioritization of domestic production and how the average national cost of gas has increased to $3.83 a gallon from $3.50 a month ago, according to AAA. The economy will underpin Biden's reelection campaign as the president and Democrats lose support among non-college-educated voters, including minority non-college-educated voters, partly due to his climate agenda. But it is a dynamic Biden and Democrats have contended with in the past, with exit polls from last year's midterm cycle indicating the economy was the electorate's top concern, along with abortion access, before the party outperformed expectations.
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