Joe Biden’s strong record on jobs and Kamala Harris’s vow to reduce the cost of living couldn’t prevent the Democrats from succumbing to a global anti-incumbency wave.
If he takes office, a trade war, higher prices, labor shortages, a gaping deficit, and a showdown between the White House and the Fed all seem highly likely.
Extreme-weather events accentuated by climate change are leaving homeowners in high-risk areas without coverage and policymakers scrambling for a solution.
The Vice-President and her advisers clearly believe that being accused of flip-flopping is a lesser threat to her campaign than being cast as too radical.
Voters are still concerned about high prices, but inflation has dropped below three per cent, interest-rate cuts seem inevitable, and Donald Trump can’t focus.