Inflation Rate

Amazing Biden Economy, But Polls Indicate Lack Of Reality Of Voters

As 2023 ends, the American economy is doing great in so many ways.

An all time high on the stock market.

Unemployment rate lowest in more than 50 years.

Gas prices down to $3.00 a gallon.

Inflation Rate after the effect of COVID 19 coming down to about 3 percent from a 9 percent high.

Despite all of this, there is ignorance and refusal to accept reality on the part of those who are polled about their thoughts about the economy.

So Joe Biden is once again being misjudged and ignored on his many accomplishments, including also being the most pro labor President in decades!

By all rights, Joe Biden should sail to reelection, but the disease and sickness of MAGA Republicans makes it a struggle, along with the crazy, lunatic Robert F. Kennedy Jr. exploiting his famous father’s name and besmirching the Kennedy family legacy with his forlorn campaign for President with no redeeming qualities!

So Democrats must work hard every day for the next ten months to insure the continuation of American democracy!

Factors Favoring Democrats In 2024 Presidential Election

The Democratic Party has several advantages going into the Presidential Election campaign of 2024.

Among them are:

Women in large percentages are outraged by the Supreme Court ending legal abortion protections on the federal level, and the actions by Republican state legislatures to prevent abortion rights further should favor Democrats in 2024, state and national levels.

African Americans are likely to continue to support Democrats with the new attack on “Diversity, Equity and Inclusion”, including the words and actions of Florida Governor Ron DeSantis, but also the broad attack on civil rights by Republicans at all levels.

Young people, particularly those of Generation Z, born from 1997 onward, are strongly moving toward the Democrats.

College educated people are becoming more strongly Democratic across the nation.

Gays, lesbians, and transgender Americans clearly see the Republican attack on their basic civil rights as a dire threat.

Suburban voters have become more Democratic in recent elections, and are likely to continue in that vein.

Religion has declined rapidly, which also helps promote Democrats.

Supreme Court decisions have been highly unpopular, and helped to shift many voters toward Democrats.

The continuing danger of Donald Trump has motivated many voters to turn to the Democrats.

Joe Biden’s two and a half year record, arguably the best in domestic affairs since Lyndon B. Johnson, boosts his candidacy, including the economy which has been better under Biden than any earlier President at this point, and with the one problem, inflation, rapidly declining, but with unemployment at a more than 50 year low.

The biggest problem is the uncertainty of the Hispanic-Latino vote, particularly among Cuban Americans, and those from Nicaragua, and Venezuela heritage, but even among Mexican Americans who have become more skeptical about Democrats.

Also, elderly Americans are less Democratic than they have traditionally been, and the Trump support is about one third of the electorate.

The less educated whites are declining rapidly, but are still strong supporters of Republicans, because of racist tendencies.

So the election will be highly contestable, and some experts say the election will come down to four states—Arizona, Nevada, Georgia, and Wisconsin!

The Reality Of The First Year Of The Biden Presidency: Strongest Year Of Economic Growth Since 1984!

In the second year of the Joe Biden Presidency, America is facing the greatest inflation rate in 41 years, with inflation now at close to 8 percent.

This is a major issue, as the Midterm Congressional and Gubernatorial elections of 2022 are now six and a half months away.

No one wants inflation, and it should not be a political issue, but of course, it is, and Republicans will constantly harp on it.

But it has nothing to do with any President, as inflation is reality worldwide, and the unfortunate Russia-Ukraine War only makes the situation worse.

So Democrats need to emphasize that 2021 was a record breaking year, with unemployment down to 3.6 percent, down from 6.3 percent in 2020, the fastest decline ever.

The Gross Domestic Product was up about 5.7 percent, double the average since 1976!

Nearly 8 million jobs have been created, and wages have risen about 5.6 percent, and the deficit is down about $1.3 trillion, largest drop ever!

So 2021 was the strongest year for economic growth since 1984!

The Republicans And The Economy: A Losing Issue, Ultimately!

The Republican Party, and their Presidential team of Mitt Romney and Paul Ryan, love to say that we are NOT better off than we were four years ago, without pointing out that they have prevented any legislation to create jobs, and have done everything possible in their states of control to cut the number of teachers, firefighters, police officers and other public employees, therefore keeping the unemployment rate above 8 percent.

The fact that 4.5 million jobs have been created under Barack Obama, more than under eight years of George W. Bush, is ignored!

The fact that the stock market has reached an all time high, and doubled from its low point in 2009, is ignored!

The fact that the inflation rate is very low is ignored!

The fact that the corporations are doing well, and sitting on trillions of dollars of available capital for investments, as a ploy to defeat Barack Obama for wanting to regulate, and tax them at a higher rate as they were in the past, is ignored!

Public opinion polls make clear that while the American people are not happy with the economy, they trust Barack Obama to care more about them and their future, than they do Mitt Romney, the guy who actually laid off people at Bain Capital, and accumulated vast wealth at the expense of the American economy, and thinks that middle class people make $200,000-$250,000 a year, demonstrating that he has no clue as to the life of the average American!

And even worse, he and Paul Ryan do not give a damn about the average American–whether senior citizen, college student, African American, Hispanic-Latino, women, the poor, or working class white!

The Republican Party is flailing, and no intelligent person is listening to their arguments on the economy!