The Republicans control the House and may oppose direct fiscal stimulus in 2023 due to the pendulum effect after two years of Democratic stimulus spending; however, this political stance could shift dramatically in 2024 when a presidential election appears.
forecastpending
Speaker
Danielle DiMartino BoothEvidence Quote
“Maybe come 2024 they're like, 'Oh god, there's a presidential election. People are suffering.'”
Source
DoubleLine Round Table Prime, 2023 - Part 1: Macroeconomic State of Play 1-4-23— DoubleLine CapitalCreated: 8/11/2026, 1:33:48 AM
My Notes
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