This week in Bidenomics: Democrats lose the midterms

This week in Bidenomics: Democrats lose the midterms

For Democrats to have a fighting chance of keeping control of Congress this year, they needed inflation to show marked improvement in May, followed by steady declines through the summer and fall.

Not gonna happen. Inflation in May went the wrong direction for Democrats, and even though the midterm elections are still five months away, it’s probably a safe bet Republicans will capitalize on soaring prices to take at least one chamber of Congress. Barring something dramatic or unforeseen,…


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