Abby McCloskey: In a typical election cycle, a strong economy gives a favorable wind to incumbent political candidates, and the most recent quarterly reports...
The economy could give Republicans an advantage going into 2024 but don’t assume either party has the answer
This is how inflation has been reduced on the Biden administration’s watch, while it still gets the lion’s share of public blame for it being high in the first place. Importantly, a Democrat by the name of Joe Manchin is to thank for blocking expensive bills that would have made inflation even worse.that economic growth will drop to an anemic 0.8% in 2024. They attribute this to the expiration of pandemic spending, relatively high interest rates, and the resumption of student loan payments.