Wall Street is booming and for mainstream economists this means “the economy” is good for the Mordor population. If so, Hudson asks, why aren’t the Democrats way ahead of the Republicans in the “election”?
The reason is that the real economy is in a slump. Prices are 20% higher than they were before the Covid pandemic. The costs of auto and health insurance have rocketed. People’s debts have increased and social stratification is steeper than in any country in the world. If the presidency is made or broken based the economy, the Democrats are toast.
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