Biden and his top advisers know that the window to change the economic narrative through executive action is rapidly closing.
www.politico.com
"Angry voters slammed by higher prices and scarred by two years of fighting the pandemic are poised to punish Democrats in midterm elections, according to some of the leading experts in consumer sentiment and behavior.
And with inflation persisting and Russia’s war on Ukraine stoking uncertainty, there are indications that public sentiment is getting worse, not better, posing a growing threat to Democrats’ already slim chances of holding onto Congress, they say.
The widely watched University of Michigan consumer confidence survey recently touched its lowest level in almost 11 years. An Associated Press/NORC survey showed that almost 70 percent of Americans think the economy is in poor shape, and 81 percent of those in a poll released by CNBC see a recession coming this year. Gallup found the share of Americans citing inflation as the top issue is now at its
highest level since the 1980s."