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legal-document-to-plain-english-translator/”>Try FREE Legalese tool

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ELIZABETH: JOINING US TODAY IS RICH LOWRY, EDITOR OF THE NATIONAL REVIEW.
RICH LOWRY: HELLO, HOW ARE YOU DOING?
ELIZABETH: MANY VOTERS ARE VOICING THE NEED TO FIX AMERICA, BUT BIDEN IS CELEBRATING THE INFLATION REDUCTION ACT. WHY IS HE TAKING A VICTORY LAP?
RICH LOWRY: THE INFLATION REDUCTION ACT WAS ONLY MILDLY INFLATIONARY, DESPITE HAVING “INFLATION” IN THE TITLE. MOST PEOPLE ARE UNAWARE OF ITS IMPACT. HOWEVER, BIDEN IS TRYING TO LINK THE LOWER INFLATION RATE TO THE ANNIVERSARY OF THE ACT’S PASSAGE TO GIVE THE IMPRESSION THAT HE CONTRIBUTED TO THIS SUCCESS. UNFORTUNATELY, POLLING INDICATES THAT THIS STRATEGY ISN’T LIKELY TO BE EFFECTIVE.
ELIZABETH: WORKING CLASS BLACK AND LATINO VOTERS ARE ALSO CALLING FOR ECONOMIC FIXES. AXIOS REPORTS THAT THEY’RE LEAVING BIDEN BECAUSE OF THE HIGH COST AND RAPID IMPLEMENTATION OF GREEN ENERGY INITIATIVES.
RICH LOWRY: YES, REPUBLICANS HAVE BEEN FOCUSING MORE ON THE WORKING CLASS, NOT ONLY WHITE WORKING CLASS VOTERS. BLACK AND LATINO WORKING CLASS AMERICANS ARE ALSO STRUGGLING WITH INFLATION AND DECLINING REAL WAGES OVER THE PAST TWO YEARS. DEMOCRATS, ESPECIALLY AFTER OBAMA’S PRESIDENCY, HAD ASSUMED THEY WOULDN’T LOSE SUPPORT AMONG WORKING CLASS VOTERS. HILLARY CLINTON SHOWED THAT WASN’T TRUE, AND NOW IT APPEARS THAT AFRICAN-AMERICAN AND LATINO VOTERS MAY ALSO BE TURNING AWAY FROM THE DEMOCRATS.
ELIZABETH: THIS SEEMS TO BE A PIVOTAL MOMENT. EVEN HOUSE DEMOCRATS IN VULNERABLE SEATS ARE AVOIDING DISCUSSING BIDENOMICS.
RICH LOWRY: YES, IT’S A DELICATE BALANCE. AS THE PARTY IN POWER, DEMOCRATS WANT TO HIGHLIGHT THE STRONG ECONOMY, BUT THEY DON’T WANT TO SEEM DISCONNECTED FROM THE STRUGGLES OF EVERYDAY VOTERS. CURRENT POLLING SHOWS THAT PEOPLE ARE NOT FEELING OPTIMISTIC ABOUT THE ECONOMY, DESPITE SOME POSITIVE NUMBERS. DEMOCRATS WANT TO CONVINCE VOTERS THAT THINGS ARE BETTER THAN THEY THINK, BUT IF THEY PUSH THAT MESSAGE TOO HARD, VOTERS MAY PERCEIVE THEM AS OUT OF TOUCH. HOUSE DEMOCRATS IN VULNERABLE SEATS ARE AWARE OF THIS RISK.
ELIZABETH: ABSOLUTELY. THEY’RE HEARING FROM THEIR CONSTITUENTS. AND SMALL BUSINESSES’ OPTIMISM HAS BEEN BELOW AVERAGE FOR ALMOST TWO YEARS, ACCORDING TO NFIB. WE’RE JUST PRESENTING THE DATA AND WHAT AMERICANS ARE SAYING IN POLLS.
RICH LOWRY: EXACTLY. MSNBC AND WHITE HOUSE OFFICIALS MAY TRY TO PUSH A CERTAIN NARRATIVE, BUT THE REALITY IS THAT MANY VOTERS ARE FACING HARDSHIPS, AND THAT SHOULD BE ACKNOWLEDGED. SOME COMMENTATORS MAY ARGUE THAT VOTERS SIMPLY DON’T REALIZE HOW GOOD THINGS ARE, BUT THEY ARE AT THE FOREFRONT OF THE ECONOMY AND IF THEY FEEL THAT SOMETHING ISN’T RIGHT, IT’S IMPORTANT TO LISTEN TO THEIR CONCERNS. INCUMBENT PRESIDENTS CAN ONLY TALK UP THE ECONOMY TO A CERTAIN EXTENT; ULTIMATELY, IMPROVEMENTS IN CONDITIONS AND PEOPLE’S ACTUAL EXPERIENCES WILL DETERMINE THEIR PERCEPTIONS OF THE ECONOMY.
ELIZABETH: THANK YOU, RICH LOWRY, FOR JOINING US TODAY.
RICH LOWRY: THANK YOU. HAVE A GREAT NIGHT.
ELIZABETH: TOMORROW, WE WILL HAVE HOUSE MAJORITY WHIP TOM EMMER AND FORMER ARKANSAS… [The remaining content is truncated.]

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