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Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it (abcnews.go.com)

submitted 11 months ago by [email protected] to c/[email protected]

179 comments fedilink hide all child comments

President Joe Biden goes into next year's election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it.

Pollsters and economists say there has never been as wide a gap between the underlying health of the economy and public perception. The divergence could be a decisive factor in whether the Democrat secures a second term next year. Republicans are seizing on the dissatisfaction to skewer Biden, while the White House is finding less success as it tries to highlight economic progress.

“Things are getting better and people think things are going to get worse — and that’s the most dangerous piece of this," said Democratic pollster Celinda Lake, who has worked with Biden. Lake said voters no longer want to just see inflation rates fall — rather, they want an outright decline in prices, something that last happened on a large scale during the Great Depression.

“Honestly, I’m kind of mystified by it,” she said.

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[–] [email protected] 36 points 11 months ago (1 children)

Second, Biden recently started to blame inflation on corporations that hiked prices when they saw an opportunity to improve their profits, bringing more prominence to an argument first used when gasoline prices spiked. The president's argument is suspicious to many economists, yet the intended message to voters is that Biden is fighting for them against those he blames for fueling inflation.

“Let me be clear: Any corporation that is not passing these savings on to the consumers needs to stop their price gouging,” Biden said recently in Pueblo, Colorado. “The American people are tired of being played for suckers.”

Wow. There's no question who's side the reporter is on.

[–] [email protected] 4 points 11 months ago (2 children)

“Let me be clear: Any corporation that is not passing these savings on to the consumers needs to stop their price gouging,” Biden said recently in Pueblo, Colorado. “The American people are tired of being played for suckers.”

Then do something about it.

[–] [email protected] 7 points 11 months ago (1 children)

He isn't a dictator. He needs at least another branch of government to get the most effective solutions in place.

He has been insanely effective despite having a broken Congress and brazenly corrupt Supreme Court.

[–] [email protected] -3 points 11 months ago (1 children)

Why would he do anything about it if all he has to say are words, and people would still vote for him? As long as the Republicans are hard-fascists, the blue fascists can’t lose!

[–] [email protected] 5 points 11 months ago (1 children)

One party is actually running on getting rid of undesirables, the other is milquetoast supporters of regulated capitalism with no real changes in personal freedoms. It’s ridiculous to call both fascists.

[–] [email protected] -2 points 11 months ago (1 children)

Capitalism is fascism.

[–] [email protected] 2 points 11 months ago (1 children)

You help nobody but fascists with that statement. Capitalism hurts and kills yes, but in capitalism it’s a consequence as opposed to the point like it is in fascism

[–] [email protected] 0 points 11 months ago

You don’t understand how capitalism was designed to work. Thats obvious.