President Joe Biden is focusing on the economy, despite international issues taking up his time. While the conflict between Hamas and Israel unfolds, Biden is busy showcasing his economic achievements. The upcoming consumer price index report and the 2024 election are driving Biden to highlight the state of the economy. According to a Republican strategist, voters will be looking at how the economy affects their daily lives when deciding who to vote for in the next election. And the Biden administration is smart to recognize that the public’s perception of the economy will be a deciding factor.
Biden sees the strong economy as a strength of his presidency, with inflation decreasing and unemployment at a record low. However, there are concerns from economists about the pressure the labor market is putting on interest rates and prices. The public also has concerns about Biden’s economic management, as his average economic approval rating is negative. Many voters think the country is heading in the wrong direction.
The economy will be the top issue in the 2024 election, especially among “blue collar swing” voters, according to Democratic pollster Celinda Lake. She believes that Republicans, including former President Donald Trump, have an advantage in this area. Lake also acknowledges that while Biden has accomplishments in the economy, voters don’t know about them. Consistent messaging will be essential for Democrats to win in 2024, and they have historically not been successful when not ahead on the economy.
Presidential historian David Pietrusza agrees that all presidents run on the economy, but some have better economies to run on than others. The state of Biden’s economy in 2024 remains uncertain, and there is unease among the public. However, if Biden ends up running against Trump again, his presidency may benefit from that comparison. Despite economic concerns, Biden’s campaign is not worried about polling at this early stage in the election cycle.
While there are international issues happening, such as the Hamas attacks, the White House is committed to delivering on both domestic and national security interests. Biden has shown that he can multitask and stay focused on the economy while also addressing international affairs. Foreign policy will be a “wild card” in the next election, with countries like China, Israel, and Ukraine having domestic political implications. Biden is actively promoting his economic agenda, with events and meetings scheduled to discuss Bidenomics and lower prices.
In summary, President Biden is prioritizing the economy despite international developments. The upcoming election and consumer price index report are driving Biden to showcase his economic achievements. However, there are concerns from economists and the public about his economic management. The economy will be the top issue in the 2024 election, and Biden’s campaign is not worried about polling at this stage. While international issues are happening, the White House is committed to delivering on both domestic and national security interests. Foreign policy will be a factor in the next election, and Biden is actively promoting his economic agenda.