High inflation fixed as Democrat’s main campaign headwind: ‘motivation issues’

Newsweek editor-in-chief Batya Ungar-Sargon joins ‘The Evening Edit’ to discuss President Biden’s visit to California, rent increases in crime-prone cities and fierce Senate races in Ohio. Thursday’s inflation figures showed that consumer prices rose faster than expected in September and inflation is nearing a 40-year high, cementing concerns about the economy among voters ahead of their voting in November. CPI is the last report on CPI that voters will see before they vote on November 8, and election observers believe inflation will be a major issue for voters, even if other issues like abortion and democracy compete for attention. said to see It affects everyone at all levels of our social and economic status. “We all buy groceries, we buy gasoline, we pay our bills. And when the monthly rates go up, it puts pressure on the budget. It’s the kind of thing that motivates people in November.” Soaring inflation is making more Americans live on paychecks, despite a 501% wage increase, the Labor Department said Thursday that the Consumer Price Index (a broad measure of the prices of daily necessities, including gasoline, groceries and rents) showed in September Compared to the previous year, it increased by 0.4%. last month. Prices rose 8.2% on a year-over-year basis. All of these numbers are above the 8.1% headline figure and 0.2% monthly growth forecast by Refinitiv economists. In a more worrisome situation suggesting that the underlying inflationary pressures in the economy are still strong, core prices, excluding more volatile measures in food and energy, rose 0.6% in September from the previous month. During the same period last year, core prices rose 6.6%, the fastest since 1982. Republicans have been attacking Democrats on this issue since last year and appear poised to continue attacking opponents on the matter until Election Day. President Biden and Democrats backed earlier this year as an effort to tame rising prices, despite debates over whether the “inflation-reduction bill” would actually reduce inflation. (Demetrius Freeman/The Washington Post via Getty Images/Getty Images) “All Americans are dealing with uncontrollable price increases from Democrats’ reckless spending. That’s why inflation is the number one issue, according to several polls.” This is the midterm exam.” Republican House Committee spokesman Mike Berg told Fox News Digital that Democrats had moved major bills to reduce inflation, including a nonpartisan infrastructure bill and an inflation-reducing law, but Republicans were skeptical of claims that it would actually lower inflation. objected. Yellen said the fight against inflation remains Biden’s top priority after a hot September report. “The only party with a real economic plan is the Democrats.” We tell voters that despite Republican interference, Democrats have taken bold steps to lower costs, put millions of Americans to work and protect American reproductive freedom. I’m going to spend the rest of the day in this reminder campaign.” Gasoline prices displayed at a gas station in Annapolis, Maryland, USA in March 2022. (Jim Watson/AFP via Getty Images/Getty Images) Inflation still remains in voters’ minds While remaining within, recent polls list other issues that may be more in favor of Democrats: Abortion is the third most important issue for voters, at 17%, two issues: border security and the preservation of American democracy. It tied for first place at 18%, and according to a Fox News poll in Wisconsin, inflation was the second most important issue among voters in the state at 20%, and Defense of American Democracy ranked first at 24%. Abortion rate followed at 16% After a hotter-than-expected CPI report in September, Republican congressman predicted ‘larger turnout’ in November Abortion was registered at 15% August 8 in Montebello, California (Frederic J. Brown/AFP via Getty Images)/Getty Images) A ​​shopper examines organic produce at a supermarket, 23, 2022. (Frederic J. Brown/AFP via Getty Images)/Getty Images) But when voters go to the polling place, inflation is the ultimate problem that determines how they vote. “We’ve been trying to make abortion an issue in the electoral cycle. And there are definitely some people that are really motivating them. But most people don’t.” “Click here to read more about FOX BUSINESS,” said Germer. “I think elections are important. I think we have great ideas for reform,” added Germer. “I take it very seriously, but the problem is inflation, not what moves people,” FOX Business’ Megan Henney contributed to the report.
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