Inflation expected to drag on Democrats until midterms, experts say as it hits 8.3% in April

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 53%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

April inflation numbers show prices much higher than a year ago.

"Republicans certainly have an opening," James Wallner, a senior fellow for governance at R Street Institute, told Fox News about the inflation numbers. "You can clearly see in the nature of their rhetoric and the emphasis they give to attacks on the Biden administration for… record inflation, at least the last four decades or so."

President Joe Biden speaks in the State Dining Room of the White House, Saturday, March 6, 2021, in Washington.Goldwein also told Fox News Tuesday that he expects "ebbs and flows" in inflation in the coming months, and for it to at least retreat from recent highs as the U.S. moves away from the pandemic. What's not clear, he said, is whether it will go back to approximately 2.5% yearly or settle at a higher level, and how long that process will take.

"Joe Biden and Senate Democrats caused this inflation crisis that is a massive tax increase on every American family. Voters are soundly rejecting the Democrats’ agenda and will make Democrats pay at the ballot box in November," National Republican Senatorial Committee spokesman Chris Hartline told Fox News.

President Biden Tuesday also addressed inflation in remarks at the White House, arguing that Republicans don't bring any real plan to the table as he hammered the "ultra-MAGA" policy platform from Sen. Rick Scott, R-Fla. "Democrats weren't looking too great before this in the midterm elections and this is just one more thing that they have to contend with," Wallner added. "If inflation wasn't there Democrats would still have a bad night. But the fact that we do have inflation means that I think they're probably going to have just as bad a night, if not even worse."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Turn our country around vote on Republican and impeach Biden and Harris

They'll profit off of it somehow. 'Never let a good crisis go to waste'.

In 2 weeks that will be different. gas went up in a week even after they used 15 percent ethanol. So we got cheaper faster burning product for a higher price. Good job guys NWO how to crash and economy 101 watch POTUS

CPI is a lie though 🧐

Reps should hammer in the midterms….instead they are jerking off on abortion

Not as much as abortion is gonna bring Republicans down.

FactsMatter

FJB

Te Democrats have an answer for that! Increase COVID notice in Sept and Oct and use the mail ballot in Nov. Let the mules out and stuff the drop boxes.

The Biden administration is touting the drop from 8.5 to 8.3 %. That's like Amber Turd shiting on your pillow and telling you it's a complimentary mint.

creepyjoe

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines