Tags: economy | elections | midterms | red wave

Economic Downturn May Not Spell Doom for Democrats in Midterms

By    |   Wednesday, 28 September 2022 06:24 AM EDT

Even with the stock market spiraling and gas and food prices still much higher than they were when President Joe Biden took office, economists are divided about whether the economic downturn could help revive Republican hopes of a "red wave" in the looming 2022 midterm elections.

Democrats currently hold a slim majority in the House and the 50-50 Senate, thanks to Vice President Kamala Harris holding the tie-breaking vote in the upper chamber. But summer predictions of a sure GOP takeover of Congress have been tempered by candidate underperformance, Supreme Court decisions, and the stabilization of gas prices (though fuel is still costing drivers substantially more than it did in 2020).

Marisa Herman

Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.

© 2026 Newsmax. All rights reserved.


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Even with the stock market spiraling and gas and food prices still much higher than they were when President Joe Biden took office, economists are divided about whether the economic downturn could help revive Republican hopes of a "red wave" in the 2022 midterm elections.
economy, elections, midterms, red wave
755
2022-24-28
Wednesday, 28 September 2022 06:24 AM
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