The American Tribune.com
    Telegram Facebook
    The American Tribune.com
    • Home
    • Politics
    • Business and Economy
    • Entertainment
    • Sports
    • Commentary
    • Shop Here
    The American Tribune.com
    Business and Economy

    Economy Gives GOP Massive Midterm Momentum, Dems Are Freaking Out

    By WillOctober 26, 2022Updated:November 28, 2022
    Facebook Twitter Email

    The writing is on the wall, Republicans have a lot of momentum as we get closer to the midterm elections and liberals are concerned.

    The White House is in “panic mode” over tightening races in several key states, such as Georgia and Pennsylvania.  This would hinder their ability to gain the necessary seats to achieve promises like eliminating the filibuster and codifying Roe v. Wade.

    Exemplifying this panic, AOC recently claimed that America is on the “precipice of fascism” due to the improved midterms prospects for republicans.  Many left-leaning mainstream outlets have been acknowledging this Republican advantage as well.

    It’s no secret that for well over a year, most Americans have disapproved of Joe Biden’s job as president and there are a few reasons why this could lead to a congressional shift of power.

    The economy is on the top of voter’s priority list heading into November as Politico polling data indicates 81% of voters say the economy will play a “major role” in voting choice while. Similarly, 80% say inflation will have significant influence on their decision.

    Inflation is still maintaining 40-year high levels, where September Consumer Price Index readings were an astounding 8.2%.  This is down from the peak June reading of 9.1%, but still is far beyond the scope of the Federal Reserve’s target inflation rate of 2%.

    The economy is in shambles where we have had two consecutive quarters of negative growth, historically an indication that a recession is underway, and inflation burning hot simultaneously.

    Needless to say, when food prices are soaring and it costs an arm and a leg just to fill your car up with gas, that’s going to put a lot of other issues on the back burner.

    The only solutions Biden and the Dems have offered regarding inflation are completely ineffective and it is no surprise that Americans trust Republicans more in dealing with our economic situation.

    The “Inflation Relief Package” passed this year should more accurately be titled the “Inflation Explosion Package” as it is only inflationary to introduce more fiscal stimulus to the economy while prices are already at historically high levels.

    Regarding gas prices, the Biden administration completely shot themselves in the foot by enacting a slew of anti-fossil fuel regulations and policies that have curbed the domestic supply of oil and gas.

    Now Joe Biden is continuing to dump oil out of the Strategic Petroleum Reserve, or perhaps we should call it the “Strategic Midterm Reserve” since it is being used short-sightedly to lower gas prices ahead of the midterms.   The SPR was created as a tool for national security in times of energy crisis, not to cover for the mistakes of a president.

    Additionally, Biden has resorted to beg to the Saudi’s to increase oil production to lower prices.  He even resorted to quid pro quo, an impeachable offense that Trump was accused of in his first impeachment, to coerce the Saudi’s into producing more oil in exchanges for military aid.

    Biden’s policies have thrown gasoline on the fire when it comes to the U.S. economy and, in the light of conservative surge, he is even trying to pre-blame Republicans for the looming recession he has contributed to.  Biden stated that if the GOP obtain congressional majority they will “crash the economy”.

    Voters aren’t buying it.  Joe Biden’s economy is impacting them more than prominent liberal issues, like abortion, and it is showing in the polls.

     

    -Macro Conservative

     

     

     

    "*" indicates required fields

    San Francisco considers funding reparations for slavery at $5 million per black person. Do you support this?*
    This poll subscribes you to our premium network of content. Unsubscribe at any time.
    This field is for validation purposes and should be left unchanged.


    Share. Facebook Twitter Email

    Related Posts

    British Boxing Champ Dies Suddenly at Just 19-Years-Old

    March 23, 2023

    Dodge Unveils Final Version Of Iconic Gas-Powered Challenger As Company Shifts Toward EVs

    March 22, 2023

    House Freedom Caucus Slams Woke Bank Bailouts, Opposes More Government Spending

    March 22, 2023
    sponsors
    image

    Use promo code TRIBUNE for big savings

    Whatfinger








    • About
    • Curation Policy
    • Affiliate Disclosure
    • Privacy Policy
    • Terms of Service
    Copyright 2022 The American Tribune

    Type above and press Enter to search. Press Esc to cancel.