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Not only are his current approval ratings historically low, they are particularly poor given that unemployment is at its lowest in more than half a century. As a result, Biden's approval ratings could reasonably be expected to rise if inflation continues to decline. Reuters analysis suggests presidential approval ratings are rarely below 40% when inflation is 6% or lower. What will have a greater impact on consumers' and voters' well-being - unemployment pain or inflation gain? Some economists say the 'Misery Index', the unemployment rate plus the inflation rate, is a decent proxy for people's happiness and even presidential approval ratings.
Persons: Joe Biden's, Biden, Harry Truman's, Joseph Macri, Bahram Adrangi, 3pp, Andy Schneider, Lina El, Robert MacCulloch, Hamed Shafiee, David Blanchflower, Jamie McGeever Organizations: Federal Reserve, Wall, Bank of America, Atlanta, Reuters, Presidents, BNP, Dartmouth College, Bank of England, Thomson Locations: ORLANDO, Florida, U.S, Iraq
Since opening in April 2020, the retailer, re_grocery, has grown to three locations. So far, re_grocery only has locations in Los Angeles. Samantha Delouya"It was pretty scary," said re_grocery cofounder Joseph Macrino about opening at the start of the Covid-19 pandemic. "We were having a really hard time even getting the doors open because we couldn't get through to the health department, but eventually, we persevered and pushed through," he added.
Since opening in April 2020, the retailer, re_grocery, has grown to three locations. So far, re_grocery only has locations in Los Angeles. Samantha Delouya"It was pretty scary," said re_grocery cofounder Joseph Macrino about opening at the start of the Covid-19 pandemic. "We were having a really hard time even getting the doors open because we couldn't get through to the health department, but eventually, we persevered and pushed through," he added.
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