Economic Confidence on the Right Gets Wobbly Again
With only five and a half months to go before the midterm elections, Republican optimism about the economy is struggling against the tides of high gasoline prices, the renewed rise in inflation, and a market increasingly convinced that interest rates are not coming down soon.
Republicans have not suddenly turned gloomy. They are still relatively optimistic about the economy. But the latest Economist/YouGov polling suggests that the economic optimism on the right has become less steady, less overwhelming, and less able to offset the deep pessimism among Democrats, liberals, and Harris voters.
The…
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