Joe Biden faces difficulties as indicated by a recent NBC News survey. Only 34% of the American population approves of Joe Biden’s economic policies, which are referred to as “Bidenomics.” The situation is concerning to the extent that even media outlets with left-leaning tendencies are suggesting that Joe Biden should relinquish his position. Chuck Todd, the host of “Meet the Press,” expressed that the general public does not resonate with Biden’s approach, with a mere 34% approving of his management of the economy and only 20% of voters believing that the country is heading in the right direction.
“Biden is trying to persuade voters that the economy is better than they think it is,” Chuck Todd stated.
Bidenomics, referring to Joe Biden’s economic policies, has resulted in various negative outcomes such as increased mortgage rates, inflation rates, bank failures, costly groceries, exceptionally high rent prices, and declining retirement savings. Notably, the widely-used 30-year fixed-rate mortgage experienced a significant surge of 31 basis points within a single week, reaching an alarming rate of 7.22%.
The monthly payment for an average $400,000 mortgage has increased by $1,000 compared to two years ago. In the span of just one week, the 30-year fixed mortgage rate has risen by 31 basis points. As a result, a homebuyer who takes out a $400,000 mortgage now has to pay $2,720 per month for principal and interest, compared to $2,637 just a week ago.
It is suggested that Joe Biden is not concerned about public opinion polls because there is a predetermined plan in place for the 2024 elections.
The Democrats plan to employ a similar strategy to the one used in the 2020 election. This strategy involves nominating a candidate who lacks popularity, conducting a campaign largely from a remote location (such as a basement), organizing only a limited number of rallies with small attendance ranging from 20 to 30 people, distributing millions of mail-in ballots, implementing drop boxes, utilizing voting machines, allowing for the delivery of ballots after the deadline in the late hours, continuously adding votes to the total count for several days after the election, and preventing GOP workers from accessing the counting rooms.
Some individuals argue that Joe Biden is the most ineffective president in the history of the United States. They criticize the state of the economy, the significant rise in inflation, the porous nature of the border, and allege that his family is involved in illicit international activities. Additionally, there are unsubstantiated claims about the presence of drugs in the White House, accusations of inappropriate behavior towards children by Biden, his inability to complete coherent sentences, the alleged shipment of illegal cluster bombs to Ukraine resulting in more casualties, and the notion that he capitulated to the Taliban while losing American soldiers simultaneously.
