Generally speaking, the economy tends to be the biggest driver for voting trends, and “the economy” is doing fine by most measures. Yeah, things are expensive, but they’re not getting expensive faster, stocks are pretty stable, and borrowing rates are stabilizing and even coming down a little.
By all historical signals, that should give Biden a bit of a boost, and what he needs to do to win is successfully blame Trump for inflation (i.e. inflation from COVID relief) and other COVID-related market problems. Point out that he pushed for keeping borrowing rates low, which would’ve made inflation so much worse. If the average person understands that Trump’s policies were instrumental in causing the problems we see today (and most economic indicators have a few years lag), then Biden should get a boost.
But to do that, Biden needs to string two coherent sentences together, and he seems to be struggling at that…
Generally speaking, the economy tends to be the biggest driver for voting trends, and “the economy” is doing fine by most measures. Yeah, things are expensive, but they’re not getting expensive faster, stocks are pretty stable, and borrowing rates are stabilizing and even coming down a little.
By all historical signals, that should give Biden a bit of a boost, and what he needs to do to win is successfully blame Trump for inflation (i.e. inflation from COVID relief) and other COVID-related market problems. Point out that he pushed for keeping borrowing rates low, which would’ve made inflation so much worse. If the average person understands that Trump’s policies were instrumental in causing the problems we see today (and most economic indicators have a few years lag), then Biden should get a boost.
But to do that, Biden needs to string two coherent sentences together, and he seems to be struggling at that…