'It is the bad taste in people's mouths from spiking gas prices ... that's affecting Biden's approval rating,' an economist told Newsweek.
in a phone interview that while inflation may not be increasing,"the unaffordability of life hasn't changed" and is causing a type of uncertainty that is driving Biden's poor poll numbers.
"When you hear economists say: 'People are wrong, they're doing better than they think they are,' I think people have a better sense of their own well-being than we economists," Winegarden said."And when someone's saying: 'Things are difficult' then things are difficult. Alpert believes Biden and McCarthy will both attempt to placate their bases—with Biden at odds with his progressive caucus, while"Biden is institutionalized," Alpert said."He is going to try very hard to make a deal without offending the progressives in his coalition, or in his party. And he is going to have a difficult time doing that, in my opinion.
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