The president has a compelling antimonopoly record. But he doesn’t always lean into it. And voters don’t really know of it. The debate could change that.
The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the housing market.
The president’s team thinks it's had a historically successful first term, delivering victories on the economy, climate, drug pricing and more. But many Americans aren’t feeling it.
Policymakers were determined to avoid the mistakes of the Great Recession — and they succeeded. But now they are in a mood of “fear and introspection.”
Friday’s report from the Labor Department showed that the unemployment rate dropped from 3.9% to 3.7%, not far above a five-decade low of 3.4% in April.
Expiring Covid benefits and new limits on safety net programs threaten to hit Americans' pocketbooks — especially among core parts of the Democratic electorate.