It is getting harder and harder for the Biden administration to justify all the massive spending packages they aim to pass. Gas prices, interest rates, car rentals, rideshare fees, and more are all going up. Meanwhile, Biden wants to pass one spending bill after the other, only further straining the U.S. deficit.
A 2022 red wave?
Many political analysts have warned that discontent with President Biden could adversely impact Democrats in the midterm elections. These analysts noted that the rise in gas prices is most likely to have the most damaging impact, as it’s easiest for Americans to directly connect this with the Biden administration.
Republicans certainly have a 2022 red wave on their list of priorities. Right now, the GOP looks very well-positioned to become the majority party in the House of Representatives. With an even 50/50 divide in the Senate, there is also room there for a restored GOP majority.
Multiple Republican ads are already calling out President Biden for inflation and other troubles with the economy.
