What progressive groups are doing - and what they want from Biden They also argue that beyond turning the tide on Biden’s approval rating, focusing on a populist economic message can win back working-class voters in competitive House districts. Starting with local demonstrations and continuing to organize throughout this year, an array of progressive groups are trying to shift the national conversation on inflation toward corporate giants - and some think that national Democrats should do more to cast “corporate greed” and price gouging by big businesses and Republican politicians as bigger culprits for still sky-high prices. Still, Democrats in Congress and the White House may not be going after two perfect villains hard enough: large corporations and billionaires, which progressive think tanks, economists, and activist groups say bear some of the responsibility for rising costs of living. Faced with competing priorities by different audiences in his party, in Congress, and among the public, the White House is struggling to find an enemy to pin that fault on without admitting that, just maybe, the president’s crowning economic accomplishment was partially responsible for worsening inflation. CNN and NBC News both reported in the last month that Biden is frustrated he can’t break through the bad economic vibes to convince the American people that, objectively, the economy is doing pretty well. ![]() The Biden White House knows that the economy will be the primary matter on the ballot in midterm elections this year that’s partly why President Joe Biden has dedicated the month of June to voicing the ways the White House is trying to soften the blow of rising prices, while giving the Federal Reserve cover to raise interest rates.īut Democrats also know that they have a major messaging problem. Energy and food supply shocks from the Russia-Ukraine war, pandemic-related employment and production shortages, and strong consumer demand, especially in airline travel, all contributed to higher prices. Still, Friday’s consumer price index report for May revealed that inflation reached a 40-year high, an 8.6 percent increase last month compared to a year ago. Americans don’t need the Labor Department to tell them that prices remain high.
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