Pelosi Says Democrats’ Narrative Shouldn’t Be About Inflation—‘It’s About the Cost of Living’
House Speaker Nancy Pelosi is urging Democrats to “change the subject” in their campaigns two weeks before the midterm elections, saying that inflation is a global phenomenon.
“The EU, the European Union, the UK, the British, have higher inflation rates than we do here,” the California Democrat said on CBS News’ Face the Nation. “It’s not—the fight is not about inflation. It’s about the cost of living.”
Pelosi then emphasized that Republicans, who blame the rising costs on President Joe Biden’s handling of the US economy, present no plans in fighting inflation.
“If you look at what we have done, to bring down the cost of prescription drugs, to bring down the cost of energy and the rest in our legislation, you will see that that has been opposed every step of the way by the Republicans, and they have no plan for lowering the cost of living or helping with inflation,” she said.
The Speaker claimed that she was confident of the Democrats’ chances in the midterms, despite election forecasts not boding well for her party, which is currently only clinging to majorities in the House and Senate by the skin of their teeth.
A recent ABC News/Ipsos survey showed Republicans having double-digit leads over issues such as inflation, the economy, gas prices, and crime.
36% of respondents said that they trusted Republicans to tackle inflation, while only 21% trusted Democrats. Similarly, with the broad state of the economy, 36% believe that Republicans would do a better job while only 24% trust Democrats.
The poll showed similar numbers for gas prices at 36% to 22%, and crime, a crucial subject in the Republicans’ campaigns, with 35% to 22% in favor of the Republicans.
Information for this briefing was found via the Daily Mail, ABC News, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
