Are the Democrats Padding Safety for the Midterms?
As new Job reports shocked many as well as an easing economy, the pieces are falling in place for the Democrats to have a healthy midterms...
Nobody can argue the fact that President Biden has faced multiple cases of setbacks that sent his approval ratings tanking. However, this week, multiple events happened which may be an indication that there are better days for his record low approval rating.
The decline began with Afghanistan's withdrawal of United States troops which people heavily criticized. There have also been obvious factors such as raging inflation which sits at a 40-year high, rising gas prices, and more. But the months of July and August have been treating President Bidne better. This week specifically, an Al Qaeda leader was killed due to United States missile strikes, and gas prices are currently below $4.00/gal in more than half of the country, and also, we just witnessed amazing job gains in the recently released July job reports.
July’s job report indicated an increase of nearly 530,000 jobs in July which technically completed the recovery of 22 Million jobs lost due to Covid. Unemployment also dipped to 3.5% and tied at a 50-year low. These are pre-pandemic numbers! There’s no doubt we are in a recession following two consecutive months of negative GDP reporting, however the increase in job reports may indicate a glimpse of hope.
The negative side of the job report is that more individuals working means there will be more consumer spending and consumer demand. These aspects will most likely drive inflation high than it is.
Regardless, the economy continued to grow under Biden paired with the newly sparked motivation of Americans to vote in order to avoid another situation similar to the United States Supreme Court overturning Roe v. Wade, the midterms look relatively healthy for the Democrats…