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Inflation, Which Erodes Americans’s Financial Wealth, Explains Why Voters Are Exasperated With Biden’s Economy

Changes in household net worth may prove a better index of voters’ economic discontent — or contentment — than the oft-used unemployment or total income figures.

AP/Evan Vucci, file
President Biden delivers remarks on the economy at the Old Post Office at Chicago. AP/Evan Vucci, file
MICHAEL BARONE
MICHAEL BARONE

If you want to explain to a puzzled, left-leaning writer like the Atlantic’s Annie Lowrey why most voters this year rate the economy during President Trump’s term more favorably than the economy during President Biden’s, you might start with a pair of simple charts.

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MICHAEL BARONE
MICHAEL BARONE

Mr. Barone is a senior political analyst for the Washington Examiner and a resident fellow at the American Enterprise Institute.

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