The president could not ignore these realities, yet he said Friday at the White House that the latest numbers show a ruggedly energetic economy. Beneath this challenge rests a deeper set of questions about how politics and the economy mingle after the pandemic. Can Democrats expect to be rewarded for their results or are voters indifferent to policy achievements? These questions also posed an obstacle as House Democrats on Friday finally approved Biden’s bipartisan $1 trillion infrastructure deal, which had already cleared the Senate. “Inflation is outpacing wage gains and that’s a big problem," said Michael Strain, director of economic policy studies at the center-right American Enterprise Institute.
Source: ABC News November 06, 2021 16:41 UTC