Harris’s ‘right-click’ leads to improvement in the U.S. economy… Trump catching up with economic policy support

by times news cr

[2024 미국 대선]

Harris emphasizes tax cuts, gap 12%P → 6%P
Trump side: “Prices are rising under the Biden administration”

AP Newsis

U.S. Democratic presidential candidate and Vice President Kamala Harris is showing an upward trend in approval ratings for economic policies, which had been evaluated as ‘weak’ compared to Republican presidential candidate and former President Donald Trump. The recent overall improvement in the U.S. economic situation, including prices and consumer sentiment, and candidate Harris’s ‘right-click’ actions such as emphasizing tax cuts and supporting ‘fracking (shale gas hydraulic fracturing extraction method)’ have had an impact. Analysis comes out.

On the 25th (local time), the Washington Post (WP) reported that the gap in approval ratings between candidates Trump and Harris on economic policies has “narrowed dramatically” in recent weeks. In five recent economic polls conducted by Fox News, ABC, and Ipsos, an opinion polling company, candidate Trump’s approval rating was on average 6 percentage points higher than that of candidate Harris. Considering that when President Joe Biden was the Democratic presidential candidate, the gap between the two was 12 percentage points on average, it has been reduced by half.

U.S. consumer prices, which once exceeded 9% in the early days of the Biden administration, fell to 2.5% in August this year. This is close to the 2.0% target of the Federal Reserve System (Fed), the U.S. central bank. The University of Michigan’s consumer sentiment index this month also reached 69.0, the highest since May. Compared to the lowest point in June 2022 (50.2), it rose by about 37%. Frank Luntz, a Republican pollster, told WP, ​​“Inflation is the most important issue for voters.” In addition, it was diagnosed that candidate Trump failed to link candidate Harris with the high inflation that appeared after the inauguration of the Biden administration.

It is also noteworthy that candidate Harris is taking a different strategy from President Biden. Even at the height of high inflation, President Biden tried to ‘persuade’ the public by saying, “Economic fundamentals are strong.” On the other hand, Candidate Harris emphasizes, “I am also a middle-class person,” and is pursuing a strategy of ‘empathizing’ with the economic difficulties that voters experience in their daily lives. The fact that Candidate Harris repeatedly expressed her intention to limit excessive price increases by large food companies can be interpreted as an attempt to build consensus with voters.

In response, Trump’s presidential campaign recently emphasized that “when Candidate Trump served as president, the lowest unemployment, inflation, and mortgage interest rates in history occurred.” They are also pointing out the record high inflation and high oil prices that have occurred since the inauguration of the Biden administration.

Reporter Choi Ji-seon [email protected]

Hot news now

2024-09-27 23:09:31

You may also like

Leave a Comment