Even as inflation stabilizes, most Americans are still finding little relief from the prolonged high prices. This high inflation pressure has made it difficult for many sitting political figures to be re-elected globally and has also helped Trump return to the White House. At the same time, the U.S. labor market has shown relatively stable performance this month, with the number of new applicants for unemployment benefits falling back from last week's peak. Setting aside the consumer price index, the greater pressure on living costs for Americans is about to become apparent, as the subsidies stipulated by the Affordable Care Act will expire at the end of this month. Congress obviously is unlikely to reach an agreement to extend the subsidies before January, and various interest groups are intensifying their public relations campaigns, trying to convince voters to blame the opposing party. (In this issue, the Democrats hold the narrative advantage.) Senate Majority Leader Thune again cast doubt on whether a three-year "clean extension" bill can pass in the Senate on Thursday.
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Original: toutiao.com/article/1851909036280329/
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