Federal Reserve’s Latest Announcement Delivers Killer Blow to Biden’s Re-Election

Article originally appeared on www.westernjournal.com.

Even Democrats can be right sometimes.

In 1992, while working as Bill Clinton’s campaign manager, Democrat political strategist James Carville famously said, “It’s the economy stupid!” when he got sick of being asked what the next presidential election was about.

He was right then, and he’s right now. That’s why things continue to grow darker for Joe Biden’s bid for re-election this fall. The economy sucks, no matter what Biden’s talking heads say about it.

On Tuesday, Federal Reserve Chair Jerome Powell made it clear that the elevated inflation rates hanging over the U.S. economy like a dark cloud getting ready to pour rain will most likely postpone interest rate cuts until later this year, according to the Associated Press.

This means those pesky high interest rates preventing people from buying houses and cars …

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