Why “Inflation” Is Really about Housing—and What Democrats Need to Do About It ...Middle East

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Why “Inflation” Is Really about Housing—and What Democrats Need to Do About It
Over the summer, Democratic legislative successes coupled with dropping gas prices worked to drive attention away from the precarity of the economy. Meanwhile, rage continued to seethe at the Supreme Court’s abrogation of reproductive rights. Signs were pointing in the right direction for Democrats heading into the fall midterms.But polls are tightening in critical swing elections. A recent Siena/New York Times poll found a massive swing toward Republicans among independent women. And it all goes back to inflation—which was, along with “the economy,” rated the most important issue facing the country. Last week’s Consumer Price Index showed just how stubborn inflation can be, sustaining at 8.

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