It ain’t just about the virus anymore….
And problem’s with the Economy loses lawmakers in power votes….
And their jobs….
But public cheer over those gains is eclipsed by concern over an unusual economic rebound that is confounding hopes of a smooth return to full employment.
In a Fox News poll this month, 87 percent of those surveyed said they were “extremely” or “very” concerned about rising prices. The same poll showed an abrupt 20 percentage point plunge in the president’s approval rating for his economic policies.
Gallup’s reading of public confidence in the economy has fallen for four consecutive months, reaching its lowest mark since the spring of 2020, when many businesses were shuttered by the pandemic. Even so, a record high percentage of respondents said it is a good time to find work.
Republicans are trying to capitalize on public dissatisfaction, hammering the president for delivering a bumpy recovery, while administration officials urge patience, saying today’s economic ailments are temporary. But 18 months into a nerve-rattling medical crisis, many Americans are in no mood to wait. With elections to decide control of Congress one year away, the president and his team have little room for error.
Public preoccupation with prices this week helped reshape Biden’s sales pitch for his core economic agenda, which promises fundamental changes on child care, climate, manufacturing and energy policies….