Voters are not enthusiastic about the economy going into the 2024 election, but Democrats believe President Joe Biden‘s economic policy is not to blame for sour feelings, but rather negative coverage of the economy is.
Biden has taken a beating in polls regarding the economy as inflation remains higher than the Federal Reserve’s target. Advisers to Biden suggest that although consumers’ feelings about the economy are a symptom of the slow process, it takes time for people to feel confident about economics, according to Axios.
“It does take consumers a while to kind of see data consistently, and see prices that have actually come down, to feel really confident about them,” National Economic Council Chairwoman Lael Brainard said.
The report says that the White House points to low unemployment, GDP growth being above 5%, along with lower inflation rates