5 Things To Consider As The Midterm Elections Get Closer - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Washington Wire
Washington Wire RSS Get our newsletter
Order Prints
February 28, 2022 Washington Wire
Share
Share
Tweet
Email

5 Things To Consider As The Midterm Elections Get Closer

Congress is grappling with several big-ticket items and it's an election year.
By Susan Rupe

In a little more than eight months, Americans will go to the polls, where every seat in the House of Representatives and one-third of the Senate will be up for election.

These midterm elections will occur at a time “when it seems like whenever we turn around, there is something flashing to get our attention,” said Amy Walter, publisher and editor-in-chief of Cook Political Report. Walter was the keynote speaker at Monday’s opening session of the National Association of Health Underwriters Capitol Conference in Washington.

Between a geopolitical crisis sparked by the Russian invasion of Ukraine, rampant inflation and a waning of the COVID-19 pandemic, “I am feeling unmoored,” Walter admitted. Still, she added, the fundamentals of elections continue to matter and may matter even more when other things are trying to distract the voting public.

Walter listed five things to look at in the months leading to the Nov. 8 election.

  1. Who is in charge in Washington? Democrats currently control the White House and Congress.

“Being in charge can be awesome – you decide what the agenda is,” Walter said. “But when you’re in charge, you also get the blame when things go wrong, whether it’s 100% your fault or not. When things go well, you get the credit, whether it’s 100% your responsibility or not. The voters say, ‘You’re in charge – you fix it.’”

Walter said in the post-World War II era, there were only two times when the party holding the White House didn’t lose seats in the House during the midterms. You have to go back to 1978, when Jimmy Carter was president, to find the last time a party that controlled the White House and both houses of Congress didn’t lose their majority in the midterms.

  1. The president’s job approval rating. Midterm elections are not choice elections, but presidential elections are, Walter said. “Midterms are a referendum of the person who is in charge,” she said. “Just like when you were in school, the midterm exam was about what you learned so far. The midterm election is about, how do I think the party in charge is doing? Voters look to how they feel about the president and that’s how they feel about the party.

Walter said it is difficult for an individual member of Congress to distance themselves from the White House when the president is of their own party. The lower a president’s approval rating, the more difficult it is for members of the president’s party to rise in approval.

  1. Who is voting in the midterm election? Midterm elections attract a smaller voter turnout than presidential elections do, Walter said.

 

“Those who are running for election need angry people to be on their side,” she said. “Angry people show up to vote. Who’s angry? People who lost the last election. You saw it in 2018 – a lot of Democrats or people who don’t like Trump hate-watched TV, not because they loved it but because it fueled them. We had a record voter turnout in 2018.”

 

Walter said one issue in this year’s midterms is what she called “the enthusiasm gap” among voters.

 

  1. Independent voters have soured on President Joe Biden. Walter said most independent voters side with one party or the other, “but they’re just not passionate about it.”

 

The economy and COVID-19 are still driving voter sentiment, she said. “The public isn’t feeling optimistic. We’re still feeling a sense of division in this country – people are fighting over everything. An umbrella of gloom is over us.”

 

  1. Midterm elections do not predict what will happen in the next presidential election. Walter cited former presidents Ronald Reagan, Bill Clinton and Barack Obama as examples of presidents whose party took a beating in the midterms during their first terms in office but went on to a decisive re-election victory two years later.

The Russian invasion of Ukraine further complicated any prediction of the midterm election outcome, Walter said. She offered some reasons why.

  • We don’t know where this is headed.
  • The biggest challenge for the president right now isn’t rallying the country around this. Support for punishing Russia is very high. “But the president starts off with a very shallow well of good will among voters,” she said. “With the chaotic withdrawal from Afghanistan, the favorable opinion of the president dropped. It’s difficult to get that back.”
  • The fact that the most harm we can inflict on Russia comes not from military involvement but from sanctions will be hard on Biden, Walter said, “because it comes back to us in terms of higher prices. For a public already feeling very pessimistic about the state of economy, the fact that the best things we can do to punish Putin eventually come back to hurt us don’t look positive.”

Susan Rupe is managing editor for InsuranceNewsNet. She formerly served as communications director for an insurance agents' association and was an award-winning newspaper reporter and editor. Contact her at [email protected]. Follow her on Twitter @INNsusan.

© Entire contents copyright 2022 by InsuranceNewsNet.com Inc. All rights reserved. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.com.

Susan Rupe

Susan Rupe is managing editor for InsuranceNewsNet. She formerly served as communications director for an insurance agents' association and was an award-winning newspaper reporter and editor. Contact her at [email protected].

Older

How To Keep Producing Strong Despite Work-From-Home Distractions

Newer

5 Questions To Ask Clients When Discussing Annuities

Advisor News

  • Private equity, crypto and the risks retirees can’t ignore
  • Will Trump accounts lead to a financial boon? Experts differ on impact
  • Helping clients up the impact of their charitable giving with a DAF
  • 3 tax planning strategies under One Big Beautiful Bill
  • Gen X’s retirement readiness is threatened
More Advisor News

Annuity News

  • LTC annuities and minimizing opportunity cost
  • Venerable Announces Head of Flow Reinsurance
  • 3 tax planning strategies under One Big Beautiful Bill
  • MetLife Completes $10 Billion Variable Annuity Risk Transfer Transaction
  • Gen X’s retirement readiness is threatened
More Annuity News

Health/Employee Benefits News

  • 1 in 4 ACA enrollees likely to forgo insurance if premiums double
  • EXAMINING IMPACT OF FEDERAL RELIEF PROGRAM AFTER MAJOR HEALTHCARE CYBERATTACK
  • Ciscomani among bipartisan House coalition urges action on ACA premium increases
  • Guest column: Congress should work to lower health care costs
  • MICHELLE MALKIN: How did Obamacare waivers work out for big corporations? (2012)
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • On the Move: Dec. 4, 2025
  • Judge approves PHL Variable plan; could reduce benefits by up to $4.1B
  • Seritage Growth Properties Makes $20 Million Loan Prepayment
  • AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company
  • AM Best Affirms Credit Ratings of Bao Minh Insurance Corporation
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Altara Wealth Launches as $1B+ Independent Advisory Enterprise
  • A Heartfelt Letter to the Independent Advisor Community
  • 3 Mark Financial Celebrates 40 Years of Partnerships and Purpose
  • Hexure Launches AI Enabled Version of Its Platform to Power Life Insurance Sales
  • National Life Group Board Approves Dividends for 2026
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet