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Why inflation will likely stay sky-high regardless of which party wins the midterms

November 2022

Author: William Chittenden, Ph.D., chief academic officer, SWGSB

Soaring inflation is the top issue for a lot of voters heading into the midterms, with most saying Republicans would do a better job of handling the problem.

Indeed, Republican candidates are taking full advantage of voter concern about inflation by hammering Democrats on the issue and pushing their own ideas to fight inflation, such as cutting both government spending and taxes.

As a finance and economics expert, I have studied inflation, what causes it and what can bring it down. That’s why I doubt a Republican Congress would have much, if any, effect on inflation.

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