This is where pollsters get it so wrong. Inflation during a presidential election cycle doesn’t correlate strongly, as a metric, in regards to being re-elected, short term economics, as defined by the Feds not declaring a recession during an election year, and long term economics, defined as the average growth in nation GDP during an incumbents term is greater than the average national GDP growth during the previous two terms, are metrics that do correlate strongly.
If the election were to be tomorrow Biden would easily win both of those economic metrics and in spite of inflation.
Right now both short term and long term growth during Biden’s first year has been booming as measured by GDP growth and is no where close to a recession. Employment levels are also below prepandemic levels.
So beating the drums on inflation when the economy is growing as strongly as it currently is, is a losing strategy. It only becomes meaningful if GDP growth falls below average levels and we enter a recession.