The Winston Group’s David Winston in today’s Roll Call with the latest on the economy and what we know about how wages have changed relative to prices, gas prices, and the jobs outlook.
For Trump and Republicans, however, the biggest challenge remains the economic speed bumps that continue to plague the administration’s efforts to fix the failed Biden economy.
Even before the mission in Iran began, the country’s economic picture had become more difficult to assess. What had been an improving economy now is more uncertain, and recent economic reports do not yet reflect the impact of the Middle East conflict.
… While the legislative focus has been on trying to positively impact inflation, the question now becomes how to keep the cost of living moving in a positive direction and also address potential job creation uncertainties. As we have seen in past presidencies, dealing with either inflation (Biden) or jobs (Obama) is tough enough, but dealing with both is exponentially more challenging.
Read the full piece here.
