Despite low unemployment and rising wages, inflation is causing President Biden to struggle with low approval ratings. Justin Wolfers, professor of public policy and economics, discussed how he would frame the economy to raise approval ratings.
“I would give the voters the pandemic version of ‘Are you better off than you were four years ago?’” Wolfers said. “I would say, ‘Remember 2020, when the economy cratered and you didn’t know if you were safe, didn’t know if you had a job, didn’t know if you could trust the White House? Now you know you can get a job, wages are rising and you can trust the White House. No one is asking now if we’re on the cusp of a great depression.’”