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The University of Michigan's twice-monthly Consumer Sentiment Index, for instance, plunged to a record low in the summer of 2022 when inflation as measured by the Consumer Price Index peaked at 9. ...
It’s (Well, Was) the Inflation, Stupid. Other things played a big role last week, but, ... It’s among the worst things that can happen to an incumbent president, and Harris refused to distance ...
It’s the inflation, stupid. Why was 2024 so difficult for incumbents? Post-mortems have found a common cause of death: inflation. Prices jumped in many countries after the Covid-19 pandemic and ...
The economy, stupid" is a phrase that was coined by James Carville in 1992. It is often quoted from a televised quip by Carville as "It’s the economy, stupid." Carville was a strategist in Bill Clinton's successful 1992 U.S. presidential election against incumbent George H. W. Bush. His phrase was directed at the campaign's workers and ...
“We lost for one very simple reason: It was, it is and it always will be the economy, stupid,” Carville continued. “We have to begin 2025 with that truth as our political north star and not ...
Political enthusiasts will recall the 1992 Clinton presidential campaign’s watchword: “It’s the economy, stupid!”
In 2021, inflation began to climb rapidly, with the CPI hitting year-over-year growth rates not seen in decades. And then, in June 2022, the CPI hit a staggering 9.1% — the highest rate in 40 years.
"It's the inflation, stupid, right?" said one source familiar with the Harris campaign's thinking. "At the end of the day, the biggest driver of people's voting behavior is their economic self ...