{"id":1068,"date":"2022-05-24T09:08:26","date_gmt":"2022-05-24T09:08:26","guid":{"rendered":"http:\/\/www.whatistandfor.co\/conservativecitizen\/?p=1068"},"modified":"2022-05-24T09:32:10","modified_gmt":"2022-05-24T09:32:10","slug":"what-political-price-will-democrats-pay-for-high-inflation","status":"publish","type":"post","link":"http:\/\/whatistandfor.co\/conservativecitizen\/what-political-price-will-democrats-pay-for-high-inflation\/","title":{"rendered":"What political price will Democrats pay for high inflation?"},"content":{"rendered":"\n<p><em>Democrats are bracing for a bad election night this November, and if they aren&#8217;t worrying,&nbsp;the pundits certainly are&nbsp;on their behalf. The president&#8217;s party usually loses seats in midterm elections, especially the first off-year election for a new president, and Democrats have no seats to spare in Congress. But this year, Democrats have the added headwinds of high inflation \u2014 and worse, the dreaded specter of &#8220;stagflation,&#8221; or the combination of rising costs and lower economic growth.<\/em><\/p>\n\n\n\n<p><em>How might inflation affect the 2022 midterms?<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How bad is inflation?<\/h3>\n\n\n\n<p>The Consumer Price Index \u2014 the benchmark U.S. inflation gauge \u2014&nbsp;rose 8.3 percent&nbsp;year-over-year in April, down slightly from 8.5 percent in March but still the&nbsp;highest inflation rate since 1982. &#8220;Inflation erodes living standards, and especially the kind of inflation we&#8217;re talking about \u2014 of basic needs \u2014 food and shelter and energy, the three pillars of existence,&#8221; Diane Swonk, chief economist at the consulting firm Grant Thornton LLP,&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democrats are bracing for a bad election night this November, and if they aren&rsquo;t worrying,&nbsp;the<span class=\"more-button\"><a href=\"http:\/\/whatistandfor.co\/conservativecitizen\/what-political-price-will-democrats-pay-for-high-inflation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\">What political price will Democrats pay for high inflation?<\/span><\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":1079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/posts\/1068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/comments?post=1068"}],"version-history":[{"count":2,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/posts\/1068\/revisions"}],"predecessor-version":[{"id":1080,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/posts\/1068\/revisions\/1080"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/media\/1079"}],"wp:attachment":[{"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/media?parent=1068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/categories?post=1068"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/whatistandfor.co\/conservativecitizen\/wp-json\/wp\/v2\/tags?post=1068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}