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According to a recent ABC News-Washington Post poll, 43% of respondents said their family’s financial status has worsened in the last two years.

This poll, which was conducted on Nov. 6, 2022, revealed that the number of people that have voiced this view has more than doubled since President Joe Biden took office.

In the last two years, 39% of respondents stated their family’s financial status has remained the same, while 18% claimed it has improved.

According to exit polling, just 20% of voters claimed that their financial status had deteriorated during the 2020 electoral cycle as opposed to 2016 when the former Pres. Donald Trump was elected.

Inflation reached a 40-year peak earlier in 2022.

The economy was the top priority for voters heading into the 2022 midterm elections, according to an ABC News-Washington Post survey, and inflation was close behind.

Under ordinary circumstances, the Republicans would have easily won both the Senate and the House. However, the Republicans are only projected to win the House, while Democrats appear to be extending their lead in the Senate.

Republicans underperformed in the midterms in part because they did not have a compelling plan for the midterms. It is insufficient to discuss tax breaks for giant corporations. Republicans must begin to address the elimination of central banking, the reduction of the administrative state, and the restriction of mass migration. All of these policies will greatly benefit America’s middle class while also enabling America’s highly productive citizens to develop high-value enterprises and improve people’s lives.

If the Republican Party is unwilling to go all-in on economic changes, it will eventually become politically irrelevant.

Author: Steven Sinclaire

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