Could inflation repeat the same fate as Biden’s presidency?
Enten pointed to a growing concern among voters that could soon chip away the president’s popularity if not addressed and will be similar to what happened to former president Joe Biden, reported HuffPost.
He claimed that inflation was the key factor that “ate alive” Biden’s presidency, and now, if Trump doesn’t stay focused on this issue, it could do the same to him.
Voters want action on inflation and the economy
According to HuffPost, the latest poll showed that inflation is dominating voters’ concerns, with 55% of the electorate wanting Trump to prioritize tackling rising prices and the broader economy, as per the report.
Enten said “It doesn’t matter what poll you look at,” as quoted by HuffPost. “It is the economy, stupid.”
There’s a growing concern, two-thirds of voters, including 48% of Republicans said that Trump isn’t putting enough focus on bringing down inflation. “They think Donald Trump isn’t keeping his eyes on the prize,” Enten pointed out.
Deteriorating economic outlook
This concern isn’t just speculation; voters have noticed that the economy hasn’t improved, as per the report. Back in November 2020, nearly half of voters rated the economy as excellent or good. But in November 2024, that number had dropped to just 32%.
Since then, the outlook has continued to deteriorate, with only 27% of voters, barely one in four voters ― calling the economy excellent or good, as per the report.
Warning for Trump administration
Enten warned “If this number does not go up, Donald Trump’s approval rating will go down,” as quoted by HuffPost. “If these inflation numbers don’t turn around, they will crush his presidency just like they did Biden’s.” He also claimed that if the Trump administration does try to control inflation and bring down prices, “It will eat it alive. It will crush it.”
FAQs
Why are Americans worried about inflation?
Inflation worries most voters because it has direct effects on their day-to-day lives. President Trump should make an effort to curb rising costs and the economy, or he may risk affecting his approval rating.
What can Trump do to avoid a similar fate as Biden?
To avoid the same pitfalls as Biden, Trump must make inflation and the economy his top priorities. Voters are demanding action to bring prices down and improve their financial situation.
Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
