Rising inflation is creating a drag on the Democrats’ 2022 prospects, threatening to send the price of household goods skyrocketing and turn voters against the party’s thin congressional majorities.
Inflation increased significantly in May, pushing the cost of food and gasoline higher just as the United States digs itself out of the pandemic-induced recession of the last year. Republicans blame President Joe Biden’s $2 trillion American Recovery Plan for flooding the economy with too much taxpayer-subsidized cash and say Democratic proposals to spend trillions more will send inflation spiraling out of control.
Republican strategists say the issue of inflation on its own is not a problem for Democrats. But its impact will be, they say, if the price tag of everyday goods and services spikes over the next 18 months.
“Gas prices are the easiest for people to see, feel, touch, and also the easiest to tie to Biden and the Democrats,” a Republican pollster said before