As time passes, inflation projections have worsened, thus far. This is furthermore reflected by the continued increases in prices for essentials. Fees for rent, the housing market, gas, groceries, and more are surging.
This latest news from the Federal Reserve Bank of New York also comes at an interesting time. Political analysts are showing that Independent voters in America are increasingly displeased with President Biden.
As it turns out, one of the greatest qualms that Independents have with the 46th president is the handling of the economy.
A reckoning for the Biden administration?
Next year’s midterms races could very well be a reckoning for the Biden administration. They will certainly serve as a test of whether or not Americans are pleased with the direction Biden’s taking this country.
Republicans are hard at work to win the midterms. Right now, polls and projections indicate that the GOP is likely to regain the House of Representatives; likewise, winning back the Senate majority is also very much possible for Republicans next year.
