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Editorial

As always: It’s the Economy

The latest public opinion poll – less than a month before the mid-term elections – carried out on behalf of The New York Times and Siena College and published in the newspaper’s Monday edition, proves, once again, the saying that “all politics is local” – politics primarily concerns what is currently affecting families and society at the moment.

According to the poll, the main issue concerning Americans is the state (and the perception at least) of a worsening economy. The rising cost of everyday living, food, gas, travel, etc. trumps everything else.

Based on this poll – if you can actually rely on polls anymore, given the errors they are subject to – Republicans are ahead of Democrats as the November 8 election approaches by a margin of 49-45% – because of the economy.

As you know, at this time we are facing serious challenges: The war in Ukraine, the flood of immigrants, crime, attacks on the right to abortion – and yet, economic issues dominate all the others.

And in fact, voters who care about the economy and inflation support the Republicans by a huge margin, namely 64-30%.

In addition, Democrats face the problem that the percentage of the population that is focusing on the economy is increasing, and so the gap may widen even further.

And the overall image of the state of the country for the Democrats is made worse by the fact that Biden himself is very unpopular. According to the same poll, 45% of potential voters consider Biden to be highly ineffective and as a result intend to vote for the Republican Party in the upcoming elections.

Election day is getting closer and closer and I don’t think Biden can do anything major to change the situation and the psychology that has been formed regarding the economy.

Perhaps the final blow for Biden was the one he received from Saudi Arabia, which agreed with Russia to cut oil production, thus reversing the downward trend in its price.

On the other hand, in politics, three weeks is a long time. Something extremely serious can happen to turn things upside down. But it might not happen – or, even if something happens, it might make things even worse for the Democrats.

But the bottom line is, as George Stephanopoulos would say, “it’s the economy, stupid.”.

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