Staff Reports
President Joe Biden continues to fumble around the issue of inflation, struggling to understand why falling inflation rates haven’t boosted his economic approval ratings. In a recent social media post, the President celebrated a drop in inflation but failed to grasp that this doesn’t equate to lower prices for consumers. Despite the slight improvement in inflation, the cost of living remains alarmingly high, leaving most voters dissatisfied.
Biden mistakenly points the finger at corporations for not reducing prices, completely oblivious to the fact that his administration’s policies have fueled the inflation fire. While trying to shift blame onto others, Biden fails to acknowledge that the economy was in good shape during Donald Trump’s presidency, experiencing robust GDP growth and low unemployment rates. The current inflation crisis emerged under Biden’s watch, and his attempts to downplay it have fallen flat with the American people.
The kernel of truth in Biden’s deservedly mocked inflation tweet. https://t.co/nC22uNNqtx
— Jim Antle (@jimantle) December 1, 2023
It’s clear that Biden’s approval rating on the economy is reaching new lows, with only 38.4% of voters approving of his handling of economic matters. Even members of his own party are growing concerned that Biden’s economic policies are making the Democrats look out of touch with the everyday struggles of American families. As the 2024 presidential election approaches, Biden must recognize that simply touting economic data won’t be enough to sway voters. He needs to take responsibility for the inflation crisis and provide viable solutions rather than deflecting blame onto political opponents or other entities.
With the economy being the top concern for many voters, Biden must recognize that his current approach isn’t resonating and may ultimately hurt his chances for reelection. If he wishes to avoid a fate similar to George H.W. Bush’s defeat in 1992, Biden must adjust his messaging and take real action to address the ongoing economic challenges facing the country. Otherwise, he risks facing a similar fate as previous politicians who failed to understand the public’s economic concerns.
