The economy is usually one of the top concerns for voters.
What is wrong with Joe Biden? He has received extremely poor ratings from the majority of Americans for his work on Bidenomics. It seems logical, given how severely inflation has hit individuals and how much everything has increased in price.
How does Biden feel about this? He thinks the surveys are inaccurate, and Americans just do not understand this.
However, he has not succeeded in persuading Americans that they lack intelligence and that the money they possess is not genuine. However, Joe Biden is hardly the most cutting-edge instrument in the drawer.
Former President Donald Trump should use these two Wall Street Journal graphs in an advertisement because they provide a clear and powerful picture. The charts show the change in household net worth during the Trump and Biden administrations. The “adjusted for inflation” bit is the killer.
According to the Wall Street Journal, during Biden’s first three years in office, the total household net worth increased by 19%, whereas during Trump’s first three years, it increased by 23%. The big shocker, though, was that after making the adjustment, net worth increased by just 0.7% during Biden’s three years in office, compared to 16% during Trump’s.
This clarifies why people are experiencing heartbreak—whether Joe Biden acknowledges it or not, they certainly do.
You can observe that it keeps rising as Biden assumes office, continuing to reap the benefits of Trump’s economic growth. However, it levels out before plunging as inflation and Bidenomics take hold.
Wow. This is brutal…
"Adjusted for inflation, household net worth was up just 0.7% through Biden’s first three years. It was up 16% through Trump’s first three years." – @WSJ pic.twitter.com/dJiDttVSGz
— Geiger Capital (@Geiger_Capital) May 19, 2024
Given this, how can anyone make an argument in support of Biden? This is why people find the contrasts so striking. This is one of the primary causes of Trump’s rising popularity and poll advantage. People are able to discern how financially behind they were before and how much better off they are today.
Although Joe has the freedom to express himself as he pleases, the current situation remains unchanged. There is a reason states no one ever imagined would be in play are in play, and a reason he is bleeding voters dry.