Index Investing News
Wednesday, June 24, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

‘Back to normal’: Republicans benefit in first ‘post-pandemic’ election

by Index Investing News
November 4, 2022
in Economy
Reading Time: 4 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


The 2022 midterms are the first “post-pandemic” elections in the US, with the virus slipping down voters’ list of concerns and president Joe Biden still winning some credit for his handling of the Covid-19 crisis.

But the issues voters are most concerned about, from high inflation and poor school test results to rising levels of crime, have all been exacerbated to some degree by the pandemic and its aftermath. And it is Republican candidates who are reaping the benefits.

“Covid-19 is declining as an issue for the American public,” said Chris Jackson, senior vice-president at Ipsos. “People have gone back to normal, but they are not giving the Democrats credit for that — they want to know what both parties are going to do for them next.”

Top of the list of voters’ worries going into Tuesday’s vote is inflation, multiple polls have shown, which is running at 8.2 per cent. Earlier this week, Fed chair Jay Powell indicated the US central bank’s fight with soaring prices is far from over, warning interest rates will peak at higher levels than previously expected.

While high prices have also been exacerbated by the war in Ukraine, economists say the problem stems from the pandemic. A study by Adam Shapiro, an economist at the Federal Reserve Bank of San Francisco, shows nearly three-quarters of core inflation can be traced back to the supply chain and demand disruptions caused by the virus.

Claudia Sahm, the founder of Sahm Consulting and a former Federal Reserve economist, said: “China has just locked down the city where Foxconn makes iPhones — we are still seeing the effects of the pandemic play into supply chains. I have no idea why we are not talking more about Covid.”

When voters do link issues such as inflation to the pandemic, it can work against Democrats. For instance, some blame the stimulus bill passed in the early days of the Biden administration, which helped boost demand just as the economy was recovering.

Rich Thau, a moderator of the Swing Voter Project who has been conducting regular focus groups during the campaign, said: “Voters say the pandemic has fuelled inflation mostly through the money that was shovelled out the door by the federal government.”

The after-effects of the pandemic are also rippling through in other areas: notably education and crime.

Last week the first National Assessment of Educational Progress since 2019 showed a drop in school children’s reading scores and the biggest fall ever in maths results, reigniting the fierce debate over Covid-related school closures.

Republican Glenn Youngkin unexpectedly won the race to become governor of Virginia last year after a contest dominated by debates over schools. And Democrat Phil Murphy nearly lost his seat as governor of New Jersey thanks to the unpopularity of his mask requirements for schoolchildren.

The most recent test results have turned the issue into an election issue once again. Tudor Dixon, who is running to unseat the Democrat Gretchen Whitmer as governor of Michigan, said afterwards: “Gretchen [and] not the pandemic, is responsible for plunging test scores and record low education achievement. It didn’t have to be this way.”

Recommended

Meanwhile several high-profile midterm races are hinging on rising crime, including Democrat Kathy Hochul’s campaign to hold on to the New York governor’s mansion. Although Republicans blame rising crime on Democrats’ policing policies, some criminologists argue it has been fuelled in part by the economic scars left by the pandemic lockdowns.

Data collated by the political website FiveThiryEight show that Americans broadly approve of the way in which Biden has handled the pandemic.

But Tom Cochran at 720 Strategies, said that would hold little sway in the midterms. “Things are getting back to normal, but that’s exactly why many people don’t want to talk about it. Bringing it up on the campaign trail is just giving voters PTSD.”

A poll released by Gallup on Friday showed 44 per cent of voters now believe the pandemic is over, up from 29 per cent last June. And a separate poll by Ipsos showed just 7 per cent of likely voters listed it among their top three concerns.

That helps explain why there has been little mention of Covid-19 on the campaign trail, either from the president or Democratic candidates — a stark turnround from two years ago when Biden ran on his ability to handle the virus more professionally than Donald Trump.

Conversely, Republican candidates that took a more laissez-faire approach to the pandemic have hammered Democrats for being too draconian. For instance, Ron DeSantis, running for re-election as governor in Florida, has touted his light-touch approach to lockdowns and mask mandates.

“I kept the state open and I kept the state free,” he said during a debate with his Democratic opponent last month.



Source link

Tags: benefitElectionNormalpostpandemicRepublicans
ShareTweetShareShare
Previous Post

A child’s eye view of the cost of living crisis

Next Post

US jobs growth set to have cooled for third consecutive month

Related Posts

Cutsinger’s Solution: Veggies and Noodles

Cutsinger’s Solution: Veggies and Noodles

by Index Investing News
June 24, 2026
0

Question: Consider the markets for fresh vegetables and instant noodles. Assume that fresh vegetables are a normal good, while instant...

MiB: Seth Klarman, The Baupost Group

MiB: Seth Klarman, The Baupost Group

by Index Investing News
June 20, 2026
0

     This week, I speak with Seth Klarman, CEO and portfolio manager of The Baupost Group, a Boston-based investment...

Fiscal Dominance and the Politicization of Money

Fiscal Dominance and the Politicization of Money

by Index Investing News
June 16, 2026
0

Fiscal Dominance and the Politicization of Money Much of the contemporary debate about monetary policy focuses on technical questions: whether...

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

by Index Investing News
June 12, 2026
0

     At The Money: How Fixed-Income Investors can use ETFs to their Best Advantage (June 11, 2026) Investors...

The Self, the Crowd, and Social Contagion (with Luke Burgis)

The Self, the Crowd, and Social Contagion (with Luke Burgis)

by Index Investing News
June 8, 2026
0

0:37Intro. Russ Roberts: Today is April 28th, 2026, and my guest is author Luke Burgis. His latest book is The...

Next Post
UK private wealth portfolios down by up to a third

UK private wealth portfolios down by up to a third

What Are Option Greeks? (And How to Use Them to Minimize Risk)

What Are Option Greeks? (And How to Use Them to Minimize Risk)

RECOMMENDED

SoFi Technologies, Inc. (SOFI) Q4 2023 Earnings Call Transcript

SoFi Technologies, Inc. (SOFI) Q4 2023 Earnings Call Transcript

January 29, 2024
The impression of Fox Information on the US COVID-19 vaccination marketing campaign

The impression of Fox Information on the US COVID-19 vaccination marketing campaign

April 15, 2022
Retire With Dividends: 2 Picks With Yields +7%

Retire With Dividends: 2 Picks With Yields +7%

January 31, 2025
The Surprise Ending of ‘Dune,’ the Popcorn Bucket

The Surprise Ending of ‘Dune,’ the Popcorn Bucket

March 19, 2024
LINK staking in community pool filled within the first 2 hours

LINK staking in community pool filled within the first 2 hours

December 9, 2022
What EVERY Rookie Should Study Earlier than Investing in Actual Property

What EVERY Rookie Should Study Earlier than Investing in Actual Property

July 26, 2024
Why Aren’t There Enough Workers?

Why Aren’t There Enough Workers?

December 9, 2022
Rob & Michele Reiner By no means Stopped Attempting ‘Every part’ To Assist Troubled Son Nick: ‘His Struggles Are So Deep’

Rob & Michele Reiner By no means Stopped Attempting ‘Every part’ To Assist Troubled Son Nick: ‘His Struggles Are So Deep’

December 17, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In