Affordability 'Arms Race' Taking Place Before Midterms, Says Atwater
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Peter Atwater, president of Financial Insyghts, highlights President Trump's recent shift towards affordability policies, aligning him with left-leaning figures like Elizabeth Warren. This move appears to be more about political survival than a genuine ideological change. Atwater characterizes the current political climate as an 'arms race' on affordability, with both parties vying for voter support ahead of the midterm elections.
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With the midterm elections approaching, both major political parties are recalibrating their platforms to appeal to voters' immediate concerns, particularly around economic issues. Trump's alignment with traditionally leftist affordability policies signals a potential shift in the Republican approach to attract a broader base.
This article reflects the opinions of Peter Atwater and does not necessarily represent the views of Bloomberg or its affiliates.
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