July 4, 2022

69% of Americans think the “economy is bad,” Democrats in huge trouble with election around the corner

Democrats were already behind the eight ball as the party in power heading into the 2022 midterm elections. However, the tanking economy could sound the death knell for their chances of keeping Congress in 2022 and beyond.

A new CBS News and YouGov poll revealed that a whopping 69% of Americans think the “economy is bad” right now, Breitbart reported. The poll was conducted between May 18 and 20 and revealed a drastic change in only a month’s time.

According to the poll, only 46% of respondents felt that way as of April 21. This marks a significant jump in those who are soured by the state of the economy, a fact which coincides with many converging factors that spell trouble on the horizon.

For instance, inflation has raised the price of goods and services by as much as 8.3% in the Consumer Price Index, meaning Americans have less spending power. Also, the Federal Reserve increased interest rates making a 30-year fixed loan go from 3.1% interest to 5.25% threatening homeownership prospects for the middle class.

Things are looking bleak for retirement accounts as the stock market continues to plummet at an alarming rate. The Dow Jones Industrial Average has been on a losing streak for eight weeks straight, eating away at Americans’ net worth and marking the longest downturn in 90 years.

The biggest problem for the Democrats is that voters are blaming Biden for the problems regardless of party affiliation. Seventy percent of respondents believe that Biden is botching economic policy, while 74% feel that “things in America are going badly.”

Using historic trends coupled with these current crises, many are predicting a red wave election in November. Democrats currently have a razor-thin margin in the House and only a tie-breaking vote with Vice President Kamala Harris in the Senate and can’t afford the losses that appear to be headed their way.

Unless something drastic happens, the terrible economy will hang like an albatross around Biden’s neck in the 2022 midterms and perhaps thwart his 2024 re-election prospects. Things are bad in America, and what’s worse is that average voting Americans are beginning to notice.

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James Tate (@guest_1287780)
1 month ago

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SICKTODEATH (@guest_1287793)
1 month ago

THE CORRUPT DEMS WILL JUST RIG THE ELECTION LIKE THEY ALWAYS DO…..OUR DEMOCRACY WAS ERODED SINCE THEY KILLED KENNEDY….WAKE UP PEOPLE, TRUMP WAS THE ONLY ONE WHO KNEW HOW THEY WORKED AND WENT UP AGAINST THE DEEP STATE….JUST LOOK HOW HE WAS VILIFIED!! THEY BLACKLIST, BLACKMAIL, BRIBE OR PUT A BULLET IN YOUR HEAD….IT’S LEAD OR SILVER BABY!~

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