The last time this happened, voters didn’t credit Bill Clinton. That may be a bad omen, or a good one.
If the stock market chose presidents, Joe Biden would be a shoo-in for reelection in 2024. The market rallied this month amid growing optimism about the economy, with the S&P 500 zooming 1.9 percent Tuesday on news that the consumer price index rose only 3.2 percent in October (compared to 3.7 percent in September). Stocks rallied again Wednesday on news that the producer price index fell 0.5 percent. Commentators are no longer debating whether the economy will experience a “soft landing” (i.e., a reduction in inflation without recession). The only question now is when it will arrive. The S&P 500 seems to have decided it’s already here.
But the stock market doesn’t choose presidents. Voters do, and polls continue to show they think the economy is in terrible shape. A Financial Times–Michigan Ross Nationwide Survey conducted November 2–7 is absolutely brutal on this point.
The Democrats’ propaganda game is miserable in 2023. The big difference is that Clinton promoted himself effectively. Remember when George Stephenopolous called George HW Bush on Larry King’s show back in 1992, just to humiliate him? Remember Clinton’s bulldog communications officer, James Carville? Back in the 1990s, Democrats knew how to puff up their accomplishments and tear down their opponents. Now, they’re too timid to try. Time to drop this pathetic facade of objectivity and civility and fight, HARD. Their lives as a political party depend on it. OUR lives depend on it.
The Democrats have been bringing spoons to a gunfight since the 70s.
The current Democratic party doesn’t want to fight. It’s pathetic, and it is difficult to vote for “pathetic” even when the alternative is… well… you know.
You mean there is a flaw to the strategy of repeating, “listen, Jack, the economy has never been better, and you’re an idiot if you don’t see that”?