This is an issue. The GOP have done a great job of convincing people that inflation was all Biden's fault. And the economy is doing good, just not awesome. Meanwhile Europe is struggling with inflation and their economies are weaker. Biden just can't win it seems.
It was partly his fault. He let the Pandemic era largess go on well after the economy had reopened. And he wanted to spend trillions more - only brave stand by Manchin and Sinema saved us from a two-digit inflation. You mention Europe, but it is not like European governments did /do not have their own problem with "drunken sailor" spending.
As a reminder, deficits under the GOP have been staggering. At least the Dems try to reinvest in our country. You really don't appreciate how badly the GOP has starved states and how municipalities often can't get anything built without federal funds.
They are also staggering under Biden. Except for the COVID spike, deficits under Biden are higher than under Trump. Or Obama.
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The upshot is that we are now paying more on interest than on defense.
So was Biden. The annual SS surplus was a big player in that balancing act. We don't have that anymore. That accounting gimmick is dead. Clinton also signed Phil Gramm's "We gonna regret this in about 10 years" deregulation bill that was a big player in the global economic crash in 2008.
Biden ran as a moderate. But his spending plans were lifted from the Book of Bernie.
Lots of people are fed up with all the fake problems that aren't impacting their lives one wit. There is no "open border".
If people can get in just by saying the magic word "asylum" it is a de-facto open border.
There are no "hoards" of illegals.
But there definitely are
hordes.
The big problem for Kamala is that she was appointed the Border Czarina while Veep.
Her other problem is that she was running in 2020, and during the Democratic debates in 2019, candidates were tripping over each other trying to appear more permissive on mass migration than the others. It was disgusting to behold!