On Wednesday's broadcast of CNN International's "Quest Means Business," CNN Senior Political Commentator and former Obama adviser David Axelrod stated that the country's bad mood has "a lot" "to do with inflation" and President Joe Biden has poor approval ratings on the economy because people are "judging the economy through what they see on the cash register, what they see at the gas station, what they pay for rent, what they pay for mortgage interests, and that is a less cheerful picture."