There is simply nothing else for Biden to run on.
era. Inflation was particularly thorny for many basic household food staples, such as chicken and eggs, some of which experienced 20%-30% inflation at summertime 2022 peaks.
Inflation has since cooled down a bit, but is still running considerably hotter than the Federal Reserve's stipulated 2% target. Accordingly, Fed Chair Jerome Powell has not ruled out still-further interest rate hikes, at a time when mortgage payments are already catastrophically high; for the median American family buying a home, mortgage payments doubled from roughly 14% of monthly household income in 2020 to nearly 29% in June 2023.
U.S. President Joe Biden speaks to guests at Ingeteam Inc., an electrical equipment manufacturer, on August 15, 2023 in Milwaukee, Wisconsin., the comically unqualified former mayor of Indiana's fifth-largest city who knows absolutely nothing about transportation, have overseen a historic supply chain disaster that has devastated importers and exporters, truckers, and countless small businesses alike.
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