Having observed politics for quite a few years can give one a perspective that most voters don’t have. That perspective can also be rather frustrating.
Right now, the United States is experiencing higher inflation rates than at any time since the period from the mid-1970s through the early 1980s, and polls show that inflation is the greatest concern of most Americans coming into the mid-term elections. Because the Federal Reserve is deeply concerned about the economic impact of continuing inflation, the Fed has increased interest rates sharply over the past six months, which effectively increases costs for consumers in addition to already increasing prices.
The major causes for inflation are the massive government aid during the COVID epidemic, the historic low interest rates [which spurred increasing housing demand and boosted prices and inspired other purchases], and the Russia/Ukraine war. Now, most Americans were happy about the first two causes, but they’re unhappy with the longer-term costs of higher prices and higher interest rates to damp inflation, and many will vote against Democrats in the mid-term elections as a result. But the majority of causes were begun by the previous administration, and people generally supported the continuation of aid and low interest rates by the present administration.
This is a pattern that has recurred over much of the last century, where the administration in power gets the blame or credit for actions undertaken by the previous administration. President Carter got blamed for situations created by previous administrations, while Reagan got credit for the impact of Carter policies. The first President Bush had to deal with the excessive spending of the Reagan administration by increasing taxes, and lost his bid for a second term, while Clinton got credit for the better economic conditions created by the Bush reforms.
The reason this happens is because the fundamental economy usually doesn’t change that quickly, except in the rare cases such as COVID, and people vote on what they see and feel NOW, not on whose policies and actions created the present economic conditions, which means that many of those voters are, in effect, voting for or against the previous administration, not the present administration.