Midterm Misery for Biden as Key Economy Gauge Flags 30-Seat Loss

Midterm Misery for Biden as Key Economy Gauge Flags 30-Seat Loss

(Bloomberg) — Whatever else is on Americans’ minds — and that’s a long list right now — the state of the economy looms large in any US election. That spells big trouble for Democrats in November’s midterm vote.

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A new study by Bloomberg Economics takes one gauge with a knack of predicting ballot outcomes — the misery index, calculated by adding up the inflation and unemployment rates — and projects it forward through election day.

The result: Based on past…


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