Thursday’s report showing that inflation jumped higher than expected in September and that prices remain at a 40-year high comes at a bad time for Democrats, who are battling to hang onto their Senate majority and are expected to lose control of the House.
Democratic senators had expressed hope throughout this year that inflation would begin to subside before the election, but the last inflation report released before Election Day shows that prices remain stubbornly high.
That has fueled voters’ dissatisfaction over the direction of the country and weighed down President Biden’s approval rating, creating a stiff headwind for Democratic candidates heading into November. Read more…
