Politics1/16/2026•Bloomberg

Affordability 'Arms Race' Taking Place Before Midterms, Says Atwater

Affordability 'Arms Race' Taking Place Before Midterms, Says Atwater

The article discusses the "affordability arms race" taking place ahead of the upcoming midterm elections in the United States. Peter Atwater, president of Financial Insyghts, suggests that President Trump's recent embrace of affordability policies, which are typically associated with left-leaning politicians like Elizabeth Warren and Zohran Mamdani, is more about his political survival than his true ideology. Atwater believes that both the Democratic and Republican parties are engaged in a race to connect with voters by promoting affordability-focused policies. The article highlights the political motivations behind these policy shifts, rather than any deeper ideological alignment, as the parties aim to appeal to the electorate's concerns about affordability and economic issues.

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