Economic Indicators

Yes, Trump can win the 2024 election. Here are four reasons why

2023.12.12 06:51

2/2

© Reuters. Republican presidential candidate and former U.S. President Donald Trump speaks at a campaign rally in Wolfeboro, New Hampshire, U.S., October 9, 2023. REUTERS/Brian Snyder/File Photo

2/2

By James Oliphant

WASHINGTON (Reuters) – He has been impeached twice, tried to thwart the peaceful transfer of power after losing the 2020 presidential election, faces scores of charges in multiple criminal cases, and his critics warn he is plotting to rule as an autocrat. Yet, Donald Trump could still return to the White House.

Trump leads his rivals for the Republican presidential nomination by nearly 50 percentage points in national opinion polls, a remarkable comeback for a one-term president who three years ago appeared vanquished and humiliated.

Here are four reasons why Trump could win the November 2024 election against Democratic incumbent Joe Biden:

UNHAPPY VOTERS

The Biden White House argues the economy is in good shape, with unemployment down to a near-historic low of 3.9% from 6.3% when Trump left office and inflation cooling from a peak over 9% in June 2022 to 3.2% as of October.

Large swaths of the public, including many voters of color and young voters, believe otherwise. They point to wages not keeping pace with the costs of essential goods and services such as groceries, cars, houses, child and elder care.

When Biden talks about the economy, Americans think about affordability, not economic indicators. Opinion polls show that voters by a large margin view Republicans as better stewards of the economy, even though Trump has offered only vague proposals.

SPEAKING TO FEAR

Voters are unsettled for reasons that extend far beyond the economy. Trump speaks to the worries, real or not, that many white Americans have in a country that is becoming increasingly diverse and more culturally progressive.

There is also a pervasive sense of losing ground, that the cornerstones of American life – home ownership, a decent wage that keeps pace with inflation, a college education – are becoming more out of reach for many. Polls show voters are worried about crime and nervous about the flow of migrants crossing the U.S.-Mexico border illegally.

Trump is adept at channeling and packaging those fears, while still presenting himself as someone who comes from outside the U.S. political system. He is both arsonist and firefighter, who declares the country is in chaos and then offers himself as a savior.

TRUMP’S ACTIONS NOT DISQUALIFYING FOR MANY VOTERS

While critics within his own party, the Democratic Party and the media view him as unfit for office, millions of voters disagree.

Instead, many of his supporters have become convinced that Trump is a victim of a political witch hunt. At least half of Republicans surveyed by Reuters/Ipsos earlier this year said they would have no problem voting for Trump even if he were convicted of a crime.

Trump can also point to his four years in office and argue that the machinery of government largely functioned, if at times chaotically, despite fears he could not govern and that the worst allegations about him – such as his colluding with Russia – were never proven.

BIDEN GETS ALL THE BLAME, NO CREDIT

Trump can also take advantage of a White House that, so far, has been unable to persuade much of the public that Biden’s job-creation policies – through heavy government investment in infrastructure, clean energy and chip manufacturing – have made a difference to their lives.

Biden also has been saddled with a pair of foreign wars that have divided Americans. Trump’s non-interventionist, “America first” message may resonate with voters fearful of further U.S. involvement in Ukraine or Israel while Biden maintains a more traditional, interventionist American foreign policy.

None of this, of course, means Trump is certain to win the election.

He remains deeply unpopular in many parts of the country and among many demographics, and if he is chosen as his party’s nominee it could provoke a high turnout in favor of Democrats to counter him.

His inflammatory rhetoric, including threats to take revenge on political enemies he denounces as “vermin,” could also be a turn-off for more moderate Republicans and independent voters, who he will need to beat Biden.

Democrats have also successfully campaigned as defenders of abortion rights to defeat Republicans across the country in a series of elections and will again make that issue central to their 2024 campaign.

But at this moment, 11 months from Election Day, Trump stands a better chance of returning to the White House than at any point since he left office.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,426.37 1.11%
ethereum
Ethereum (ETH) $ 3,477.28 0.77%
tether
Tether (USDT) $ 0.999141 0.03%
xrp
XRP (XRP) $ 2.28 0.90%
bnb
BNB (BNB) $ 706.23 1.87%
solana
Solana (SOL) $ 197.79 1.83%
dogecoin
Dogecoin (DOGE) $ 0.331238 0.20%
usd-coin
USDC (USDC) $ 0.999353 0.12%
staked-ether
Lido Staked Ether (STETH) $ 3,473.81 0.65%
cardano
Cardano (ADA) $ 0.914124 2.06%
tron
TRON (TRX) $ 0.256786 0.01%
avalanche-2
Avalanche (AVAX) $ 40.51 0.54%
chainlink
Chainlink (LINK) $ 24.63 0.24%
the-open-network
Toncoin (TON) $ 6.01 4.99%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,128.84 1.01%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 0.41%
sui
Sui (SUI) $ 4.49 3.03%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,221.32 1.29%
hedera-hashgraph
Hedera (HBAR) $ 0.311039 4.20%
stellar
Stellar (XLM) $ 0.384766 0.79%
polkadot
Polkadot (DOT) $ 7.49 0.18%
weth
WETH (WETH) $ 3,479.72 0.91%
hyperliquid
Hyperliquid (HYPE) $ 27.12 7.68%
bitcoin-cash
Bitcoin Cash (BCH) $ 463.27 1.95%
leo-token
LEO Token (LEO) $ 9.53 0.95%
uniswap
Uniswap (UNI) $ 13.92 3.17%
litecoin
Litecoin (LTC) $ 108.94 0.36%
bitget-token
Bitget Token (BGB) $ 5.69 13.81%
pepe
Pepe (PEPE) $ 0.000019 1.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,675.79 1.00%
near
NEAR Protocol (NEAR) $ 5.50 1.59%
ethena-usde
Ethena USDe (USDE) $ 0.998828 0.15%
aave
Aave (AAVE) $ 371.40 1.06%
internet-computer
Internet Computer (ICP) $ 11.28 1.50%
aptos
Aptos (APT) $ 9.70 0.08%
usds
USDS (USDS) $ 1.00 0.10%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.516968 0.35%
crypto-com-chain
Cronos (CRO) $ 0.159457 3.40%
vechain
VeChain (VET) $ 0.051966 0.09%
mantle
Mantle (MNT) $ 1.24 0.87%
ethereum-classic
Ethereum Classic (ETC) $ 27.40 1.77%
render-token
Render (RENDER) $ 7.57 3.82%
bittensor
Bittensor (TAO) $ 513.46 2.96%
mantra-dao
MANTRA (OM) $ 3.81 0.00%
whitebit
WhiteBIT Coin (WBT) $ 24.88 1.17%
monero
Monero (XMR) $ 194.18 1.79%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.36 2.13%
dai
Dai (DAI) $ 0.999932 0.10%
arbitrum
Arbitrum (ARB) $ 0.801978 2.10%
filecoin
Filecoin (FIL) $ 5.31 1.30%