Context of Flounder

Even as the relief effort goes on, attention will turn to politics. President Recep Tayyip Erdogan, who has ruled Turkey for two decades, faces an election in May that was already going to be tough for him, thanks to a floundering economy and an inflation rate driven to over 50% by his foolish monetary policies. Voters will note his response to the earthquake, and ask why his government did not do more to prepare for such a disaster after the tremor of 1999.
—The Economist

Which of the following BEST interprets the meaning of “flounder” in the passage?

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–The Turkey-Syria earthquake | Video by  CBS Sunday Morning

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