Midterm Election Incoherences, Misadventures, & Paradoxes Authored by Victor Davis Hanson via American Greatness , The predicted blue wave may never materialize. And even if Democrats retake Congress, history suggests Trump could emerge stronger, not weaker, with the presidency's expansive powers.
2022 vs. 2026 In June 2022, the price of gasoline topped $5 a gallon and stayed around $4 a gallon through October, on the eve of the midterms. It is currently about $4.30. The inflation rate in 2022 hit a 40-year high of 9.1 percent - and would average 5.1 percent over Joe Biden's four-year tenure.
The 2026 inflation rate is estimated to be about 3.5 percent and, over the first two years of the second Trump administration, will likely average around 3 percent . GDP for the third quarter of 2026 is higher than it was in the same quarter of 2022.
The poverty rate is now lower and the annual family income higher than in November 2022.