30 years old! Inflation may become a "political nightmare"
After the "Nightmare" of the Governor of Virginia, the US President Biden may encounter a new "nightmare", which is the inflation rate of the United States. According to data released on the 10th of the US Department of Labor, as of October this year, the US annual inflation rate rose by 100 years, reaching the highest level in 30 years.
According to media on the 11th of CNN, inflation issues provide a new opportunity to slam Biden for the Republican, and they even made "Biden Inflation", the new word of this US president.
Yahoo Financial News lists the three impacts that sustained inflation will have the three major impacts of the Biden government.
First of all, the public will have to buy more money for the purchase of necessary food, and when the basic living 上海茶友交流群 costs rise, voters usually think this is the problem of the power.
Second, high inflation rate will provide a "ammunition" of the Republican Party to the Democratic Party.
The Republican believes that the economic stimulus bill passed by the Democrats in March is the main reason for inflation, and the "rebuilt better" social expenditure bill will trigger more serious inflation. These accusations are not fully accurate, but will affect the performance of the Sino-Congress of the Democratic Party next year, and will further obstruct the US Congress through the "redevelopment better" bill.
Finally, if the Democratic Party can’t control high-inclusive issues, the Fed may be forced to tighten monetary policy and raise interest in advance, which may kill the stock market from 10,000 to millions of Americans from 10,000 US Americans. If the stockholders sell stocks, the economic situation in the United States will be worse.
CNN’s latest civil programs show that 58% of Americans believe that Biden did not pay sufficient attention to the country’s issues, which considered that Biden did not pay enough attention to economic issues, 36%.
These numbers show that in order to improve their "political status", Biden must now change from the "CEO" "CEO" in the new coronary pneumonia to transform the improving the people of the people. Yahoo Financial News believes that Biden still has a returning room, and the US economic situation will usually be predicted in the mid-term election results in June next year.
Biden has 6 months to solve economic problems.