Europeans would love to have the American economy. Inflation and unemployment are much lower here than in Europe. American voters, however, aren’t giving Biden any credit for this. Why?
Because, for American voters, the baseline isn’t Europe; it’s the economy of 2019, with both low unemployment and inflation rates. As far as they’re concerned, the pandemic was just a temporary obstacle that should have been in our rear view mirror over a year ago. They hate inflation, because they haven’t experienced it in 30 years. They blame Biden for all of this.
The fact that this makes no sense, and that Trump would only make things worse with his tariffs, doesn’t seem to matter right now. Will it in November? We’ll see.