In a recent article written by conservative Joe Concha, he outlined several issues that favor the GOP, but warned that President Biden could make a comeback in this year’s election.
With former President Donald Trump on his way to securing the GOP nomination, several polls show Trump with an advantage over Biden on issues like foreign policy, the economy, and the border.
And with President Biden at historic lows in his presidency, the GOP is feeling good about their 2024 chances. However, according to Concha, some things could change between now and November that could benefit Team Biden against Trump.
The Economy
While Biden Biden’s numbers are way underwater, with only 37% approving of his economic policies, consumer sentiment is at its highest since July of 2021. Most economists predicted a recession in 2023, which did not happen. Most economists believe the economy will slow down this year, but the general feeling is a recession is unlikely to happen in 2024.
The Jobs Market
Most jobs created in 2023 were indeed government and government-related projects, but there still is a vast majority of job openings in the U.S., and unemployment is below 4 percent.
Inflation.
Look for the Biden campaign to claim that their policies have driven down inflation. True, it was at its highest in the summer of 2022 at 9.1%, and it now hovers much lower, around 3.4%, and could drop more by election day.
The Federal Reserve
Most financial analysts are predicting the Federal Reserve to cut interest rates this year, which would spur more economic growth and could revitalize the housing market.
The stock market is also seeing record highs, surpassing the 37,000 mark.
Abortion
In 2022, republicans predicted a red wave but were defeated except for a handful of Congressional races and a few governorships, such as Florida Gov Ron DeSantis.
Abortion tipped the scale that would end up hurting the GOP.
Now, there will be referendums on the ballots in several states in 2024.
Trump Trials and Possible Convictions
Voters, especially Independents, will be paying attention to the Trump trials this year. The Mar-a-Lago classified documents case or the Jan. 6 case where the special prosecutor accused Trump of trying to overturn the 2020 election.
Concha points out a Reuters/Ipsos poll showing Trump leading Biden, 36% to 31% nationally, with independent candidate Robert F. Kennedy Jr. taking 16%. But when asked who they would vote for if Trump is a convicted felon, only 25% said they would vote for him.
Author
