Solving Biden's Affordability Problem

RealClearPolitics

by Larry Kudlow, New York Sun

February 20, 2026

AI-Generated Deep Dive Summary

White House officials gathered to strategize on selling President Biden's agenda ahead of the critical midterm elections, pinpointing affordability as a central issue. The discussion highlighted economic concerns as their top priority, reflecting widespread voter focus on financial stability and cost-of-living pressures. Recent economic indicators show promising signs for American households. Take-home pay has notably risen, with wages outpacing inflation by around $1,400 annually. This upward trend is attributed to business tax cuts and deregulation, fostering corporate growth and job creation. Notably, private sector employment is flourishing while federal hiring declines, underscoring market-driven progress. The economic turnaround extends beyond income; everyday expenses are easing for many. Gasoline prices have dropped below $3 per gallon, and grocery costs show a 70-item decline in January. Additionally, over 40 essential items, including eggs (down nearly 35%), reflect broader affordability improvements. Tax reforms, such as increased refunds for tips income and overtime pay, further enhance household budgets, with an estimated $4,000 boost for some. These developments are politically significant, offering a narrative of prosperity under Trumpian policies. The booming stock market has enriched millions, and employment growth signals economic vitality. For President Biden, addressing affordability is crucial to his political success in 2026, as voters weigh economic progress against rising costs. Balancing these factors will be pivotal for midterm outcomes, making economic messaging a key focus for administration strategists. In summary, the White House's emphasis on affordability and economic growth underscores the importance of presenting these improvements effectively to voters. The interplay between policy impacts and public perception will shape the political landscape as midterm elections approach, highlighting how economic narratives can influence voter sentiment and election results.

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Originally published on RealClearPolitics on 2/20/2026