Reply to Axelrod Biden should drop out of 2024

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]One wildcard that could become a major issue is if the economy rolls over. Right now, even with interest rates being high and hopefully inflation behind us, Biden is polling poorly on the economy at 3.9% unemployment. If the rate hikes lead to a recession next year, god help us. It'll be a disaster for him.[/quote]

If the economy is strong at this time next year, and I think it will be, Biden will get to ride the wave and take credit because he’s the incumbent.[/quote]
There is very little chance of the economy being strong enough next year to change the negative perception of the economy that many likely voters currently have. Economic data to this point hasn't reflected the financial strain on consumers from the abrupt and significant change in Fed rate policy but the data will sooner than later reflect the damage. Inflation will inevitably come down in a rapid manner as Americans have less and less cash on hand or accessible credit to spend on both essential and non-essential goods and services. Data showing a significantly reduced rate of inflation could help Biden by offsetting other economic data that turns sour prior to election day 2024. In any case, the sitting president will get more blame and/or credit for the current state of economy just as they always do.[/quote]

Your sentiment doesn't jibe with what any "too big to fail" bank or the Fed or any leading economists are saying currently.

I will take their opinions over yours.[/quote]

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