President Biden says he’s doing “everything within my power” to lower inflation. But he’s not. What he’s really doing is making a calculated bet that inflation will break without forcing him to abandon some key political principles.
If he’s right, his ratings will improve, along with the odds for Democrats’ electoral success. If he’s wrong, Democrats will likely suffer a wipeout in this year’s midterm elections, with a possible recession looming over the second half of…
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