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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (45899)	4/10/2022 10:24:59 AM
From: Sdgla	Read Replies (1) \| Respond to of 73933

A sour and angry America poised to punish Dems this fall Biden and his top advisers know that the window to change the economic narrative through executive action is rapidly closing. Joe Biden delivers remarks. President Joe Biden delivers remarks on the jobs report for the month of March on April 1. The U.S. economy gained an additional 431,000 jobs in March and the unemployment rate fell to 3.6 percent. \| Anna Moneymaker politico.com By BEN WHITE 04/09/2022 07:00 AM EDT The professionals who track American attitudes toward the economy say they can see the trouble coming. Angry voters slammed by higher prices and scarred by two years of fighting the pandemic are poised to punish Democrats in midterm elections, according to some of the leading experts in consumer sentiment and behavior. And with inflation persisting and Russia’s war on Ukraine stoking uncertainty, there are indications that public sentiment is getting worse, not better, posing a growing threat to Democrats’ already slim chances of holding onto Congress, they say. The widely watched University of Michigan consumer confidence survey recently touched its lowest level in almost 11 years. An Associated Press/NORC survey showed that almost 70 percent of Americans think the economy is in poor shape, and 81 percent of those in a poll released by CNBC see a recession coming this year. Gallup found the share of Americans citing inflation as the top issue is now at its highest level since the 1980s. “The big run-up in gas and food and home prices has really caused great hardship for many households,” said Richard Curtin, a veteran economist who has run the University of Michigan consumer survey since 1976. “And the Biden administration made a critical error in saying it would be transient and people should just tough it out. It wasn’t transient. A lot of people couldn’t just tough it out. And it caused a big loss of confidence in [President Joe Biden’s] policies.”