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      Will Voters Send In the Clowns?

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      I’m not a historian, but as far as I know, America has never seen anything like the current political craziness. There have been bitter disputes within Congress — in 1856, Charles Sumner, an abolitionist senator, was attacked and severely injured by a pro-slavery representative. But these were conflicts between parties, and slavery was nothing if not a substantive issue.This time, however, the craziness is entirely within the Republican Party, which has just decapitated itself, and the insurgents don’t even seem to have any coherent demands. Many people have been calling the G.O.P. a “clown car,” and understandably so. This is a party that seems incapable of governing itself, let alone governing the nation.Yet Americans, by a wide margin, tell pollsters that Republicans would be better than Democrats at running the economy. Will they continue to believe that? The fate of the nation may depend on the answer.Regular readers know that I’ve been trying to make sense of negative public perceptions of the economy since the beginning of last year. At the time some of the economic news was bad: Inflation was high and wages were lagging behind prices, although job growth was very good. So it made sense for Americans to be somewhat down on the economy; but it didn’t seem to make sense for views of the economy to be as negative as they had been during the depths of the 2008 financial crisis or circa 1980, when America had both high inflation and high unemployment.Since then, however, the puzzle has become much deeper. The economic news in 2023 has been almost all good — indeed, almost surreally good. Inflation has come way down. Most measures that try to get at “underlying” inflation, extracting the signal from the noise, indicate that we may be getting close to 2 percent inflation, which is the Federal Reserve’s target. This suggests that the war on inflation has been largely won — and this victory has come without the large rise in unemployment some economists had insisted was necessary.Furthermore, wages are no longer lagging behind inflation. Most workers’ real wages — wages adjusted for inflation — are now significantly higher than they were before the pandemic. (Pandemic-era wage numbers were distorted by large layoffs of low-wage workers.)As a recent analysis in The Economist pointed out, given the historical relationship between economic fundamentals and sentiment, you would have expected Americans to be feeling pretty good about the economy right now. Instead, they’re feeling very gloomy — or at least telling pollsters that they feel gloomy. The Economist, not mincing words, says that “Americans’ opinions about the state of the economy have diverged from reality.” And voters appear to be more down on Democrats’ economic management than ever. Why?There are two main stories being used to explain bad feelings about an objectively good economy.One story is that we’re in a “vibecession,” in which people are buying into a negative narrative — to some extent purveyed by the news media — that is at odds not just with data but also with their own experience. Indeed, surveys show a huge gap between Americans’ view of their own financial situation, which is pretty good, and their views of the economy, that is, what they think is happening to other people. The notion that there’s a disconnect between perceptions of the economy and personal experience seems to be validated by the fact that consumer spending remains robust despite low economic confidence.I’ve been particularly struck by what people say about the news they’ve been hearing. We’ve gained 13 million jobs since Joe Biden took office, yet Americans consistently report hearing more negative than positive news about employment.That said, there’s another possible explanation for bad economic feelings: Americans may be upset that prices are high even though they’re not rising as fast as they were last year.Now, there has to be some statute of limitations on how far back people’s sense of “normal” prices reaches; I doubt that people are angry because you can no longer get a McDonald’s hamburger for 15 cents. But public perceptions of inflation may depend on the change in prices over several years rather than the one-year-or-less numbers economists usually emphasize. And if you measure inflation over, say, the past three years, it hasn’t come down yet (which is a contrast with 1984, the year of Morning in America, when short-term inflation was around 4 percent but three-year inflation was steadily falling).Which story is right? There’s probably some truth to both: Americans are upset about past inflation, but they also have false perceptions about the current state of the economy.The big question politically is whether these negative views will change in time for the 2024 election. Will people finally hear about the good news? Will they still be angry in November 2024 that prices aren’t what they were in 2020?Honestly, I have no idea. Objectively, the economy is doing well. But perceptions may not match that reality, and Americans may, as a result, vote to send in the clowns.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      We Need to Talk About Joe Biden

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      Michelle Cottle, Ross Douthat, Carlos Lozada and Listen to and follow ‘Matter of Opinion’Apple Podcasts | Spotify | Amazon MusicIn 2020, Joe Biden handily beat Donald Trump in a race that was never particularly close. But now that the twice-impeached and four-times-indicted former president may once again be the Republican nominee, polls suggest they might be even, at best. Why isn’t Biden doing better? Has his presidency really gone so poorly?This week on “Matter of Opinion,” the hosts discuss the uphill battle Biden is facing heading into 2024 and debate what kind of leader Americans really want.(A full transcript of the episode will be available midday on the Times website.)Illustration by The New York Times; Photograph by Evan Vucci/Associated PressMentioned in this episode:“Reagan Should Not Seek Second Term, Majority Believes,” by Barry Sussman in The Washington PostThoughts? Email us at matterofopinion@nytimes.com.Follow our hosts on Twitter: Michelle Cottle (@mcottle), Ross Douthat (@DouthatNYT), Carlos Lozada (@CarlosNYT) and Lydia Polgreen (@lpolgreen).“Matter of Opinion” is produced by Sophia Alvarez Boyd, Phoebe Lett and Derek Arthur. It is edited by Stephanie Joyce. Mixing by Pat McCusker. Original music by Isaac Jones, Efim Shapiro, Carole Sabouraud and Pat McCusker. Our fact-checking team is Kate Sinclair, Mary Marge Locker and Michelle Harris. Audience strategy by Shannon Busta and Kristina Samulewski. Our executive producer is Annie-Rose Strasser. More

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      ‘Trump Is Scaring the Hell Out of Me’: Three Writers Preview the Second G.O.P. Debate

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      Frank Bruni, a contributing Opinion writer, hosted a written online conversation with Josh Barro, who writes the newsletter Very Serious, and Sarah Isgur, a senior editor at The Dispatch, to discuss their expectations for the second Republican debate on Wednesday night. They also dig into and try to sort out a barrage of politics around President Biden’s sagging approval numbers, an impeachment inquiry, a potential government shutdown and shocking political rhetoric from former President Trump.Frank Bruni: For starters, Josh and Sarah, Donald Trump is scaring the hell out of me. It’s not just his mooning over a Glock. It’s his musing that in what he clearly sees as better days, Gen. Mark Milley could have been executed for treason. Is this a whole new altitude of unhinged — and a louder, shriller warning of what a second term of Trump would be like (including the suspension of the Constitution)?Josh Barro: I don’t think people find Trump’s provocations very interesting these days. I personally struggle to find them interesting, even though they are important. I’m not sure this constitutes an escalation relative to the end of Trump’s service — the last thing he did as president was try to steal the election. So I’m not sure this reads as new — Trump is and has been unhinged, and that’s priced in.Bruni: Sarah, what do you make of how little has been made of it? Is Trump indemnified against his own indecency, or can we dream that he may finally estrange a consequential percentage of voters?Sarah Isgur: Here’s what’s wild. In one poll, the G.O.P. is now more or less tied with Democrats for “which party cares about people like me,” closing in on Democrats’ 13-point advantage in 2016 … and in another poll, the G.O.P. is leading Democrats by over 20 points on “dealing with the economy.” So how is Joe Biden even still in this race? And the answer, as you allude to, is Trump.Barro: Trump’s behavior has already estranged a consequential percentage of voters. If Republicans found a candidate who was both normal and law-abiding and a popularist, they’d win big, instead of trying to patch together a narrow Electoral College victory, like Trump managed in 2016 and nearly did again in 2020.Bruni: Sarah, you’re suggesting that Trump is a huge general election gift to Biden. To pivot to tonight’s debate, is there any chance Biden doesn’t get that gift — that he winds up facing Nikki Haley, Ron DeSantis or someone else?Isgur: Possible? Sure. Every year for Christmas, I thought it was possible there was a puppy in one of the boxes under the tree. There never was. I still think Ron DeSantis is probably the only viable alternative to Trump. But he’s looking far less viable than he was in June. And the more voters and donors flirt with Tim Scott or Nikki Haley, it becomes a race for No. 2 (see this debate) — and the better it is for Trump. That helps Trump in two ways: First, it burns time on the clock and he’s the front-runner. Second, the strongest argument for these other candidates was that Trump couldn’t beat Biden. But that’s becoming a harder and harder case to make — more because of Biden than Trump. And as that slides off the table, Republican primary voters don’t see much need to shop for an alternative.Barro: These other G.O.P. candidates wouldn’t have Trump’s legal baggage and off-putting lawlessness, but most of them have been running to Trump’s right on abortion and entitlements. And if Trump isn’t the nominee, he’ll quite possibly be acting to undermine whoever is the G.O.P. nominee. So it’s possible that Republicans are actually more likely to win the election if they nominate him than if they don’t.Isgur: You talk to these campaigns, and they will readily admit that if Trump wins Iowa, this thing is over. And right now he’s consistently up more than 30 points in Iowa. Most of the movement in the polls is between the other candidates. That ain’t gonna work.Barro: I agree with Sarah that the primary is approaching being over. DeSantis has sunk in the polls and he’s not making a clear argument about why Trump shouldn’t be nominated.Bruni: Do any of tonight’s debaters increase their criticism of him? Sharpen their attacks? Go beyond Haley’s “Gee, you spent a lot of money” and Mike Pence’s “You were not nice to me on Jan. 6”? And if you could script those attacks, what would they be? Give the candidates a push and some advice.Barro: DeSantis has been making some comments lately about how Trump kept getting beat in negotiations by Democrats when he was in office. He’s also been criticizing Trump for throwing pro-lifers under the bus. The unsaid thing here that could tie together these issues and Trump’s legal issues is that he is selfish — that this project is about benefiting him, not about benefiting Republican voters. It’s about doing what’s good for him.That said, this is a very tough pitch for a party full of people who love Trump and who think he constantly faces unfair attacks. But it’s true, and you can say it without ever actually attacking Trump from the left.Isgur: Here’s the problem for most of them: It’s not their last rodeo. Sure, they’d like to win this time around. And for some there’s a thought of the vice presidency or a cabinet pick. But more than that, they want to be viable in 2028 or beyond. Trump has already been an electoral loser for the G.O.P. in 2018, 2020 and 2022, and it hasn’t mattered. They aren’t going to bet their futures on Trump’s power over G.O.P. primary voters diminishing if he loses in 2024, and if he wins, he’ll be limited to one term, so all the more reason to tread lightly with Trump’s core voters. Chris Christie is a great example of the alternative strategy because it is probably his last race — and so he’s going straight at Trump. But it hasn’t fundamentally altered the dynamics of the race.Barro: I think DeSantis’s star certainly looks dimmer than it did when he got into the race.Isgur: DeSantis is worse off. But this was always going to happen. Better to happen in 2024 than 2028. But Josh is right. Political operatives will often pitch their candidate on there being “no real downside” to running because you grow your national donor lists and expand your name recognition with voters outside your state. But a lot of these guys are learning what Scott Walker, Jeb Bush and Tim Pawlenty have learned: There is a downside to running when expectations are high — you don’t meet them.Bruni: Give me a rough estimate — how much time have Haley and her advisers spent forging and honing put-downs of Vivek Ramaswamy? And would you like to suggest any for their arsenal? Josh, I’m betting you do, as you have written acidly about your college days with Ramaswamy.Barro: So I said in a column (“Section Guy Runs for President”) that I didn’t know Ramaswamy in college, but I have subsequently learned that, when I was a senior, I participated in a debate about Social Security privatization that he moderated. That I was able to forget him, I think, is a reflection of how common the overbearing type was at Harvard.Bruni: Ramaswamy as a carbon copy of countless others? Now you’ve really put me off my avocado toast, Josh. Is he in this race deep into the primaries, or is he the Herman Cain of this cycle (he asked wishfully)?Barro: I think the Ramaswamy bubble has already popped.Bruni: Popped? You make him sound like a pimple.Isgur: Your words, Frank.Barro: He makes himself sound like a pimple. He’s down to 5.1 percent in the RealClearPolitics polling average, below where he was just before the August debate. One poll showed his unfavorables going up more than his favorables after the debate — he is very annoying, and that was obvious to a lot of people, whether or not they share my politics.Isgur: Agree. He’s not Trump. Trump can weather the “take me seriously, not literally” nonsense. Ramaswamy doesn’t have it.Bruni: Let’s talk about some broader dynamics. We’re on the precipice of a federal shutdown. If it comes, will that hurt Republicans and boost Biden, or will it seem to voters like so much usual insider garbage that it’s essentially white noise, to mix my metaphors wildly?Barro: I’m not convinced that government shutdowns have durable political effects.Isgur: It seems to keep happening every couple years, and the sky doesn’t fall. It is important, though, when it comes to what the G.O.P. is and what it will be moving forward. Kevin McCarthy battling for his job may not be anything new. But Chip Roy is the fiscal heart and soul of this wing of the party, and even he is saying they are going to pay a political penalty.Barro: I find it interesting that Kevin McCarthy seems extremely motivated to avoid one, or at least contain its duration. He thinks the politics are important.Isgur: I’d argue the reason it’s important is because it shows you what happens when voters elect people based on small donor popularity and social media memes. Nobody is rewarded for accomplishments, which require compromise — legislative or otherwise. These guys do better politically when they are in the minority. They actually win by losing — at least when their colleagues lose, that is. That’s not a sustainable model for a political party: Elect us and we’ll complain about the other guys the best!Bruni: What about the impeachment inquiry? The first hearing is on Thursday. Is it and should it be an enormous concern for Biden?Isgur: I’m confused why everyone else is shrugging this thing off. I keep hearing that this doesn’t give the G.O.P. any additional subpoena powers. Yes, it does. We just did this when House Democrats tried to subpoena Trump’s financial records. The Supreme Court was very clear that the House has broad legislative subpoena power when what they are seeking is related to potential legislation, but that it is subject to a balancing test between the two branches. But even the dissenters in that case said that Congress could have sought those records pursuant to their impeachment subpoena power. So, yes, the tool — a congressional subpoena — is the same. But the impeachment inquiry broadens their reach here. So they’ve opened the inquiry, they can get his financial records. Now it matters what they find.Barro: I agree with Sarah that the risk to Biden here depends on the underlying facts.Isgur: And I’m not sure why Democrats are so confident there won’t be anything there. The president has gotten so many of the facts wrong around Hunter Biden’s business dealings, I have no idea what his financial records will show. I am no closer to knowing whether Joe Biden was involved or not. But I’m not betting against it, either.Barro: I think the Hunter saga is extremely sad, and as I’ve written, it looks to me like the president is one of Hunter’s victims rather than a co-conspirator. I also think while there are aspects of this that are not relatable (it’s not relatable to have your son trading on your famous name to do a lot of shady business), there are other aspects that are very relatable — it is relatable to have a no-good family member with substance abuse and psychological issues who causes you a lot of trouble.Obviously, if they find some big financial scheme to transfer money to Joe Biden, the politics of this will be very different. But I don’t think they’re going to find it.Bruni: But let’s look beyond Hunter, beyond any shutdown, beyond impeachment. Sarah, Josh, if you were broadly to advise Joe Biden about how to win what is surely going to be a very, very, very close race, what would be your top three recommendations?Barro: The president’s No. 1 political liability is inflation, and food and fuel prices are the most salient aspect of inflation. He should be doing everything he can to bring price levels down. Unfortunately, he doesn’t have a ton of direct control over this — if presidents did, they wouldn’t get tripped up by this issue. But he should be approving more domestic energy production and transmission, and he should be bragging more about doing so.U.S. oil production is nearing record levels, but Biden is reluctant to talk about that because it makes climate activists mad. If he gets attacked from the left for making gasoline too cheap and plentiful, great.Isgur: Make it a referendum on Trump. It’s what Hillary Clinton failed to do in 2016. When it’s about Trump, voters get squeamish. When it’s about Biden, they think of all of his flaws instead.Bruni: Squeamish doesn’t begin to capture how Trump makes this voter feel. Additional recommendations?Barro: Biden generally needs to be willing to pick more fights with the left. Trump has shown how this kind of politics works — by picking a fight with pro-life activists, he’s moderating his own image and increasing his odds of winning the general election. There’s a new poll out this week that says that voters see the Democratic Party as more extreme than the Republican Party by a margin of nine points. Biden needs to address that gap by finding his own opportunities to break with the extremes of his party — energy and fossil fuels provide one big opportunity, as I discussed earlier, but he can also break with his party in other areas where its agenda has unpopular elements, like crime and immigration.Isgur: The Republican National Committee handed Biden’s team a gift when they pulled out of the bipartisan debate commission. Biden doesn’t have to debate now. And he shouldn’t. The Trump team should want a zillion debates with Biden. I have no idea why they gave him this out.Bruni: I hear you, Sarah, on how Biden might bear up for two hours under bright lights, but let’s be realistic: Debates don’t exactly flatter Trump, who comes across as one part feral, two parts deranged. But let’s address the Kamala Harris factor. Josh, you’ve recommended replacing Harris, though it won’t happen. Maybe that’s your third? But you have to tell me whom you’d replace her with.Barro: Harris isn’t just a 2024 problem but also a 2028 problem. She is materially less popular than Biden is, and because of Biden’s age, he even more than most presidents needs a vice president who Americans feel comfortable seeing take the presidency, and the polls show that’s not her. I’ve written about why he should put Gretchen Whitmer on the ticket instead. What Biden needs to hold 270 electoral votes is to keep the Upper Midwest swing states where his poll numbers are actually holding up pretty well — Michigan, Pennsylvania and Wisconsin. The popular governor of Michigan can do a lot more for him there than Harris can.Isgur: It is a big problem that voters don’t think Biden will make it through another term, so that the V.P. question isn’t will she make a good vice president but will she make a good president. Democrats are quick to point out that V.P. attacks haven’t worked in the past. True! But nobody was really thinking about Dan Quayle sitting behind the Resolute Desk, either. But I don’t think they can replace Harris. The cost would be too high with the base. I also don’t think Harris can get better. So my advice here is to hide her. Don’t remind voters that they don’t like her. Quit setting her up for failure and word salads.Bruni: I want to end with a lightning round and maybe find some fugitive levity — God knows we need it. In honor of Senator Robert Menendez of New Jersey, I wonder: How many gold bars does each of you have in your basement or closet? Mine are in my pantry, behind the cashews, and I haven’t counted them lately.Barro: I understand Bob Menendez keeps tons of cash in his house because his family had to flee a Communist revolution. This is completely understandable. The only reason I don’t keep all that gold on hand is that I do not have a similar familial history.Isgur: Mine are made of chocolate, and they are delicious. (Dark chocolate. Milk chocolate is for wusses, and white chocolate is a lie.)Bruni: Are we measuring Kevin McCarthy’s remaining time as House speaker in hours, weeks or months, and what’s your best guess for when he subsequently appears in — and how he fares on — “Dancing With the Stars”?Isgur: Why do people keep going on that show?! The money can’t possibly be that good. I’ll take the over on McCarthy, though. The Matt Gaetz caucus doesn’t have a viable replacement or McCarthy wouldn’t have won in the first place … or 15th place.Barro: I also take the over on McCarthy — most of his caucus likes him, and unlike the John Boehner era, he hasn’t had to resort to moving spending bills that lack majority support in the conference. Gaetz and his ilk are a huge headache, but he won’t be going anywhere.Bruni: Does the confirmed November debate between Ron DeSantis and Gavin Newsom — moderated by Sean Hannity! — represent reason to live or reason to emigrate?Barro: Ugh. I find Newsom so grating and slimy. All you really need to know about him is he had an affair with his campaign manager’s wife. He’s also been putting his interests ahead of the party’s, with this cockamamie proposal for a constitutional amendment to restrict gun rights. It will never happen, will raise the salience of gun issues in a way that hurts Democratic candidates in a general election and will help Newsom build a grass roots email fund-raising list.Isgur: Oh, I actually think this is pretty important. Newsom and DeSantis more than anyone else in their parties actually represent the policy zeitgeist of their teams right now. This is the debate we should be having in 2024. As governors, they’ve been mirror images of each other. The problem for a Burkean like me is that both of them want to use and expand state power to “win” for their team. There’s no party making the argument for limited government or fiscal restraint anymore. And there’s no concern about what happens when you empower government and the other side wins an election and uses that power the way they want to.Bruni: You’ve no choice: You must dine, one-on-one, with either Matt Gaetz or Marjorie Taylor Greene. Whom do you choose, and how do you dull the pain?Barro: Marjorie Taylor Greene, but we’d spend the whole time talking about Lauren Boebert.Isgur: Damn. That was a good answer. Can I pick George Santos? At least he’s got great stories.Bruni: Last question — we’ve been plenty gloomy. Name something or a few things that have happened over recent weeks that should give us hope about the country’s future.Barro: The Ibram Kendi bubble popped! So, that was good.More seriously, while inflation remains a major problem (and a totally valid voter complaint), the economy has continued to show resiliency on output and job growth. People still want to spend and invest, despite 7 percent mortgage rates. It points to underlying health in the economy and a reason to feel good about American business and living standards in the medium and long term.Isgur: I had a baby this month — and in fact, September is one of the most popular birth month in the United States — so for all of us who are newly unburdened, we’re enjoying that second (third?) glass of wine, deli meat, sushi, unpasteurized cheese and guilt-free Coke Zero. And the only trade-off is that a little potato screams at me for about two hours each night!But you look at these new studies showing that the overall birthrate in the United States is staying low as teen pregnancies drop and birth control becomes more available but that highly educated woman are having more kids than they did 40 years ago … clearly some people are feeling quite hopeful. Or randy. Or both!Bruni: Sarah, that’s wonderful about your little potato — and your sushi!Barro: Congratulations!Bruni: Pop not only goes the weasel but also the Ramaswamy and the Kendi — and the Barro, ever popping off! Thank you both. Happy Republican debate! If that’s not the oxymoron of the century.Frank Bruni is a professor of journalism and public policy at Duke University, the author of the book “The Beauty of Dusk” and a contributing Opinion writer. He writes a weekly email newsletter.Josh Barro writes the newsletter Very Serious and is the host of the podcast “Serious Trouble.”Sarah Isgur is a senior editor at The Dispatch and the host of the podcast “Advisory Opinions.”Source photograph by ZargonDesign, via Getty Images.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      Why Is Joe Biden So Unpopular?

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      Joe Biden is an unpopular president, and without some recovery, he could easily lose to Donald Trump in 2024.By itself, this is no great wonder: His two predecessors were also unpopular at this stage of their presidencies, also endangered in their re-election bids.But with Trump and Barack Obama, there were reasonably simple explanations. For Obama, it was the unemployment rate, 9.1 percent in September 2011, and the bruising battles over Obamacare. For Trump, it was the fact that he had never been popular, making bad approval ratings his presidency’s natural default.For Biden, though, there was a normal honeymoon, months of reasonably high approval ratings that ended only with the chaotic withdrawal from Afghanistan. And since then, it’s been hard to distill a singular explanation for what’s kept his numbers lousy.The economy is better than in Obama’s first term, inflation is ebbing, and the feared recession hasn’t materialized. The woke wars and Covid battles that disadvantaged Democrats are no longer central, and the post-Roe culture wars seem like friendlier terrain. Biden’s foreign policy team has defended Ukraine without (so far) a dangerous escalation with the Russians, and Biden has even delivered legislative bipartisanship, co-opting Trumpian promises about industrial policy along the way.This has created mystification among Democratic partisans as to why all this isn’t enough to give the president a decent polling lead. I don’t share that mystification. But I do think there’s real uncertainty about which of the forces dragging on Biden’s approval ratings matter most.Start with the theory that Biden’s troubles are mostly still about inflation — that people just hate rising prices and he isn’t credited with avoiding a recession because wage increases have been eaten up by inflation until recently.If this is the master issue, then the White House doesn’t have many options beyond patience. The administration’s original inflationary sin, the overspending in the American Rescue Plan Act, isn’t going to be repeated, and apart from the possibility of an armistice in Ukraine relieving some pressure on gas prices, there aren’t a lot of policy levers to pull. The hope has to be that inflation continues to drift down, real wages rise consistently and in November 2024, Biden gets the economic credit he isn’t getting now.But maybe it’s not just the economy. Across multiple polls, Biden seems to be losing support from minority voters, continuing a Trump-era trend. This raises the possibility that there’s a social-issues undertow for Democrats, in which even when wokeness isn’t front and center, the fact that the party’s activist core is so far left gradually pushes culturally conservative African Americans and Hispanics toward the G.O.P. — much as culturally conservative white Democrats drifted slowly into the Republican coalition between the 1960s and the 2000s.Bill Clinton temporarily arrested that rightward drift by deliberately picking public fights with factions to his left. But this has not been Biden’s strategy. He’s moved somewhat rightward on issues like immigration, in which progressivism’s policy vision hit the rocks. But he doesn’t make a big deal about his differences with his progressive flank. I don’t expect that to change — but it might be costing him in ways somewhat invisible to liberals at the moment.Or maybe the big problem is just simmering anxiety about Biden’s age. Maybe his poll numbers dipped first in the Afghanistan crisis because it showcased the public absenteeism that often characterizes his presidency. Maybe some voters now just assume that a vote for Biden is a vote for the hapless Kamala Harris. Maybe there’s just a vigor premium in presidential campaigns that gives Trump an advantage.In which case a different leader with the same policies might be more popular. Lacking any way to elevate such a leader, however, all Democrats can do is ask Biden to show more public vigor, with all the risks that may entail.But this is at least a strategy, of sorts. The hardest problem for the incumbent to address may be the pall of private depression and general pessimism hanging over Americans, especially younger Americans, which has been worsened by Covid but seems rooted in deeper social trends.I don’t see any obvious way for Biden to address this issue through normal presidential positioning. I would not recommend updating Jimmy Carter’s malaise speech with the therapy-speak of contemporary progressivism. I also don’t think the president is suited to be a crusader against digital derangement or a herald of religious revival.Biden got elected, in part, by casting himself as a transitional figure, a bridge to a more youthful and optimistic future. Now he needs some general belief in that brighter future to help carry him to re-election.But wherever Americans might find such optimism, we are probably well past the point that a decrepit-seeming president can hope to generate it himself.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTOpinion) and Instagram. More

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      ‘I’m OK, but Things Are Terrible’

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      If President Biden loses his bid for re-election, a key factor will be the widespread perception that the economy is doing badly on his watch. Poll after poll shows Americans rating economic conditions as very bad and giving Biden very low approval for his economic management.The strange thing is that these bad ratings are persisting even as the economy, by any normal measure, has been doing extremely well. Indeed, we’ve just experienced what Goldman Sachs is calling the “soft landing summer.” Inflation is down by almost two-thirds since its peak in June 2022, and this has happened without the recession and huge job losses many economists insisted would be necessary. Real wages, especially for nonsupervisory workers, are significantly higher than they were before the pandemic.Oh, and to correct a widespread misconception: No, these figures don’t exclude food and energy prices. The government does calculate measures of “core” inflation excluding those prices, but those are only for analytical and policy purposes.So why are people so negative about an economy that by all standard measures is doing very well?When I first began writing about the disconnect between public economic perceptions and what appeared to be economic reality, I got a lot of pushback, of two distinct kinds.First, there was the argument that there were real economic problems that justified public negativity. People really hate inflation, even if their incomes are keeping up, and a year ago real wages were still somewhat depressed. But at this point inflation is way down and real wages are up.Second, there was the argument that, in effect, the customer is always right: If people feel that they’re doing badly, you should figure out why, not lecture them that they should be feeling better.But here’s the funny thing: There’s substantial evidence that people don’t feel that they personally are doing badly. Both surveys and consumer behavior suggest, on the contrary, that while most Americans feel that they’re doing OK, they believe that the economy is doing badly, where “the economy” presumably means other people.Let me run through some of this evidence.The Federal Reserve conducts an annual survey of the economic well-being of households. At the end of 2022, 73 percent of households said that they were “at least doing OK financially,” down from the previous year (presumably because of the end of many pandemic aid programs) but not significantly below the number in 2019. In 2019, however, half the population said that the national economy was good or excellent; in 2022 that number was down to just 18 percent.Are people still doing OK? Well, consumer spending has been strong, suggesting that American families aren’t too worried about their financial situation.What about inflation? According to a recent poll by The Wall Street Journal, 74 percent of Americans say that inflation has moved in the wrong direction over the past year — a result stunningly at odds with the data, which shows inflation plunging. But are people really experiencing rising inflation?As it happens, several organizations regularly survey consumers to ask how much inflation they expect, and these expectations have come way down, which is completely at odds with claims that inflation is getting worse.Even better, I’d argue, are surveys that ask businesses not about the national economy but about their own prices or costs.The National Federation of Independent Business asks small-business owners whether they have increased or reduced prices over the past three months. More businesses are raising than are lowering prices, but the difference is much smaller than it was last year. The Federal Reserve Bank of Atlanta asks businesses how much they expect their costs to rise over the next year; their median answer is 2.5 percent, down from 3.8 percent last year.So when people are asked about their own experiences, not “the economy,” what they say about inflation is consistent with official data showing rapid improvement.The bottom line is that there is a real disconnect between what Americans say about the economy and reality — not just official data, but even their own experiences. It’s silly to deny that this disconnect exists.What explains negativity about a good economy? Partisanship is surely a factor: Republicans’ assessment of the current economy roughly matches what it was in June 1980, when unemployment was twice as high and inflation four times as high as they are now. Beyond that, the events of the past few years — not just inflation and higher interest rates but also the disruption Covid caused to everyone’s lives, and perhaps the sense that America is coming apart politically — may have engendered a sourness, an unwillingness to acknowledge good news even when it happens.Now Biden administration officials are trying hard to sell their economic accomplishments, as they should — if they don’t, who will? But will public opinion turn around? Nobody knows. We’re living in a world in which what people believe may have little to do with facts, including the facts of their own lives.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      Why So Many Americans Are So Down on Biden

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      Unemployment is near historic lows, and inflation has come way down. We are inflicting a strategic humiliation on Russia by arming Ukraine without putting American forces at risk. The homicide rate fell by about 10 percent across 30 cities compared with last year. Democrats defied electoral trends by holding the Senate, scoring major legislative victories and easily confirming a Supreme Court nominee.Why, then, do only 20 percent of voters rate the economy as “excellent” or “good,” versus 49 percent who call it “poor,” according to a New York Times/Siena poll? Why are Americans overwhelmingly pessimistic about the country’s future, according to the Pew Research Center? Why does Gallup find a significantly smaller percentage of Americans have confidence in the presidency today than they did in the last, disastrous year of Donald Trump’s tenure? And why is President Biden polling dead even with his predecessor in multiple surveys despite the former president’s 91 felony charges?In short, with everything so great, why are people so down? That’s a question that, as The Times’s Reid Epstein wrote last week, stumps the White House and its political allies, who seem to think the problem is a failure to communicate all the good news.But there’s another explanation: The news isn’t all that good. Americans are unsettled by things that are not always visible in headlines or statistics but are easy enough to see.Easy to see is the average price of a dozen eggs: up 38 percent between January 2022 and May of this year. And white bread: up 25 percent. And a whole chicken: up 18 percent. As for the retail price of gasoline, it’s up 63 percent since January 2021, the month Biden became president.Yet none of these increases make it into what economists call the core rate of inflation, which excludes food and energy. The inflation ordinary people experience in everyday life is not the one the government prefers to highlight.Easy to see is the frequent collapse of public order on American streets. In April hundreds of teenagers wreaked havoc in the Chicago Loop. Two boys were shot. A young couple was beaten by the doorway of a building on North Wabash. Yet only 16 people were arrested. Similar scenes unfolded last month in New York’s Union Square and again in Boston, where police officers were assaulted in two separate riots largely by juveniles.In New York, there were at least 66 arrests. In Boston, just 13.Easy to see is that the kids are not alright. The causes are many; social media companies have a lot to answer for. But so do teachers’ unions, handmaids of the Democratic Party, who pushed to keep school doors closed during the pandemic, helping themselves while doing lasting harm to children. The Biden administration spent much of its early months saying it wanted more than half of schools open at least one day per week by the 100th day of his presidency.“It is a goal so modest and lacking in ambition as to be almost meaningless,” Politico’s Playbook newsletter noted at the time.Easy to see is that the border crisis has become a national one. In May the administration boasted that new policies had contributed to a sharp decline in the “number of encounters” between border patrols and migrants crossing the southwestern border illegally. By August, arrests of migrants who crossed the border with family members had hit a monthly record of 91,000. In New York City alone, more than 57,000 migrants seek food and shelter from the city’s social services on an average night.Nobody can say for certain how many migrants who crossed the border during Biden’s presidency remain in the U.S., but it’s almost certainly in the millions. In 2021 the president dismissed the initial surge of migrants as merely seasonal. “Happens every year,” he said.Easy to see is that the world has gotten more dangerous under Biden’s watch. The president deserves credit for arming Ukraine, as he does for brokering a strategic rapprochement between Japan and South Korea. But he also deserves the blame for a humiliating Afghanistan withdrawal that almost surely played a part in enticing Vladimir Putin into launching his invasion of Ukraine and whetted Beijing’s appetite for Taiwan.How large a part is unquantifiable. Yet it was predictable — and predicted.Easy to see is that the president is not young for his age. The stiff gait and the occasional falls. The apparent dozing off. The times he draws a blank or struggles to complete a thought. Yet the same people yelling #ResignFeinstein or #ResignMcConnell don’t appear to be especially vocal when it comes to the president’s fitness, as if noting the obvious risks repeating a Republican talking point.But people notice, and they vote.Easy to see are tents under overpasses, from the Brooklyn-Queens Expressway in New York to the I-5 in Seattle. And the zombified addicts passed out on sidewalks in practically every city and town. And the pharmacies with everyday items under lock and key to prevent shoplifting. And women with infants strapped to their backs, hawking candy or gum at busy intersections. And news reports of brazen car thefts, which have skyrocketed this year.“There is a great deal of ruin in a nation,” Adam Smith said. Not all the ruin mentioned above is Biden’s fault, and none of it is irreversible. But there’s much more ruin than his apologists — blinkered by selective statistics and too confident about the president’s chances next year — care to admit.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      On the Economy, Biden Struggles to Convince Voters of His Success

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      Wages are up, inflation has slowed and the White House has a new slogan. Still, President Biden’s poor marks on the economy are making Democrats worried.When a chant slamming President Biden spread from a NASCAR race to T-shirts and bumper stickers across red America two years ago, the White House pulled off perhaps its savviest messaging feat to date. Biden aides and allies repackaged the “Let’s Go Brandon” insult and morphed it into “Dark Brandon,” a celebratory meme casting Mr. Biden as some sort of omnipotent mastermind.Now, the White House and the Biden campaign is several weeks into another appropriation play — but it isn’t going nearly as well. Aides in July announced that the president would run for re-election on the virtues of “Bidenomics,” proudly reclaiming the right’s derisive term for Mr. Biden’s economic policies.The gambit does not appear to be working yet. Even as Mr. Biden presides over what is by all indicators a strong economy — one on track to dodge the recession many had feared — he is still struggling to convince most of the country of the strength of his economic stewardship. Wages are up, inflation has slowed, but credit to the president remains in short supply.Polling last month from the Democratic organization Navigator found that 25 percent of Americans support Mr. Biden’s major actions, such as the Inflation Reduction Act, but still think the president is doing a poor job handling the economy. It’s a group that tends to be disproportionately younger than 40 and is more likely to be Black or Latino — voters critical to Democratic victories.“This is the thing that’s vexing all Democrats,” said Patrick Gaspard, the president of the Center for American Progress.Democratic economists, pollsters and officials have a variety of explanations for why voters don’t credit Mr. Biden for the economy. Inflation remains elevated, and interest rates have made home buying difficult. There is also evidence that voters’ views on the economy are shaped as much by their political views as by personal experiences.And then there is the regular refrain that people don’t know about Mr. Biden’s successes. Even Mr. Biden’s supporters say that he and his administration have been too reluctant to promote their record and ineffective when they do.“I’ve never seen this big of a disconnect between how the economy is actually doing and key polling results about what people think is going on,” said Heidi Shierholz, president of the Economic Policy Institute, a left-leaning think tank in Washington.Mr. Biden on Friday attempted another victory lap in a White House speech celebrating the latest jobs report, which found no sign of an imminent recession and a slight increase in the unemployment rate as more people sought work. He credited the heart of his economic plan, including investment in infrastructure, semiconductor manufacturing and climate-related industries along with caps on the price of insulin medication.Bidenomics, Mr. Biden said, “is about investing in America and investing in Americans.”Mr. Biden said his economic plan was to credit for the latest jobs report, which found no sign of an imminent recession and a slight increase in the unemployment rate as more people sought work.Kent Nishimura for The New York TimesThe term Bidenomics emerged as a pejorative in conservative media and has been widely adopted by Mr. Biden’s rivals. “One of the most important issues of the campaign will be who can rescue our country from the burning wreckage of Bidenomics,” former President Donald J. Trump said in a recent video, “which shall henceforth be defined as inflation, taxation submission and failure.”Gov. Ron DeSantis of Florida offered his definition at a recent campaign stop in Rock Rapids, Iowa. “Bidenomics is basically: You have a lower standard of living so he can pursue the left’s ideological agenda,” he said.Behind the rhetoric, there is some debate over whether the economy will be the driving force it has been in past presidential elections. Some Democrats argue that their party’s resilience in last year’s midterm elections showed that the fight over abortion rights and Mr. Trump’s influence over Republicans can trounce more kitchen-table concerns.The White House argues that Democrats’ strong showing last year is a sign the Mr. Biden’s electoral performance isn’t strictly tied to the economy.“By all metrics, his economic record has improved since then,” said Andrew Bates, a White House spokesman.Still, nearly all of Mr. Biden’s campaign advertising this year sells his economic record. The ads — which don’t use the term Bidenomics — cast the president’s policies as a work in progress. “All of the things that Biden fought to get passed helped the middle class,” a cement mason from Milwaukee says in an ad the campaign released last week.“It’s no secret that a lot of Americans are struggling with the cost of living, and that’s a reality that shapes their views about the economy more broadly,” said Geoff Garin, a pollster who conducts surveys for the Democratic National Committee.Explaining why Mr. Biden’s policies will help, Mr. Garin said, “is what campaigns are for.”This summer Mr. Biden has promoted “Bidenomics” at events around the country, often speaking in factories or with labor groups. Even some in friendly audiences of local Democratic leaders and supporters questioned whether his emphasis would resonate with the coalition that elected him in 2020.“Is Bidenomics the right thing to sell?” Mayor Katie Rosenberg of Wausau, Wis., said after seeing Mr. Biden speak in Milwaukee last month. “I just keep thinking, why aren’t they just doing Build Back Better still? That was a really good slogan. Bidenomics is just an effort to capitalize on the negativity around him.”Build Back Better, the mix of economic, climate and social policy that Mr. Biden ran on in 2020, was a bumper-sticker-length encapsulation of Mr. Biden’s ambitions as president. Significant elements became law, but the branding exercise failed, doomed in part by rising inflation.Mr. Biden’s “Build Back Better” slogan was a bumper-sticker-length encapsulation of his ambitions as president.Hannah Yoon for The New York TimesDemocrats rebranded their climate legislation as the Inflation Reduction Act, even though the bill had little to do with inflation. Even Mr. Biden recently said that he regretted the name, suggesting that it promised something the bill was not devised to deliver.Though the rate of inflation has slowed, it remains the chief drag on Mr. Biden’s economic approval ratings, said Joanne Hsu, the director of Surveys of Consumers at the University of Michigan.“We track people who have heard negative news about inflation,” Dr. Hsu said. “Over the past year, that number has been much higher than in the 1970s and ’80s, when inflation was so much worse.”One theme of Mr. Biden’s aides, advisers and allies is to plead for time. The economy will get better, more people will hear and understand what Bidenomics means and credit will accrue to the president, they say.“The public more and more is going to be seeing low unemployment and will continue to get more bullish on the economy,” said Representative Robert Garcia of California, a member of the Biden campaign’s national advisory board. “But I also understand it’s very hard for people now. We just can’t expect overnight for people to feel better about the economy.”For most Americans, their views on the economy are directly tied to their partisan leanings — a phenomenon that is particularly acute for Republicans. In 2016, before Mr. Trump took office, just 18 percent of Republicans rated the economy excellent or good, according to a Pew Research survey. By February 2020, just before the pandemic shut down public life in America, 81 percent of Republicans said the economy was excellent or good.An Associated Press/NORC Center for Public Affairs Research poll last month found just 8 percent of Republicans, along with 65 percent of Democrats, approved of Mr. Biden’s handling of the economy.Mr. Biden’s sympathizers say part of his problem on the economy is an unwillingness to promote its bright spots out of fear of seeming insensitive to Americans struggling with higher prices. Mr. Trump had no such restraint, describing the economy as the best in history and the envy of the world. Using “Bidenomics” as a framework lets the president take ownership of the economy, but it doesn’t exactly tell voters that the economy is great.“Trump chose people who were probably less experienced in terms of making policy, but some of them are quite good about talking up the president,” said Ben Harris, a former top Treasury official in the Biden administration who played a leading role in outlining the Build Back Better agenda during the 2020 campaign. “Biden’s taken a more modest and humble approach, and there’s a chance that’s come back to haunt him.”Jason Furman, who served as chairman of the Council of Economic Advisers in the Obama administration, said there was a regular debate in that White House about how much to sell the public on the idea that the economy was improving even if people didn’t feel in their own lives.Now he said it was difficult for the Biden administration to take victory laps over slowing inflation because wages haven’t kept pace, leaving a typical worker about $2,000 behind compared with before the pandemic.“The way to think about that is people were in an incredibly deep hole because of inflation and we’re still not all the way out of that hole,” Mr. Furman said. “The fact that you protected people in the bad times means the good times don’t feel as good.”Nicholas Nehamas More

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      Hard Questions if Biden’s Approval Doesn’t Follow Economy’s Rise

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      This is about the time when many presidents see their standing turn around, including Ronald Reagan and Bill Clinton.President Biden promoting domestic chip manufacturing.Adriana Zehbrauskas for The New York TimesDoesn’t it feel as if everything’s breaking President Biden’s way lately?His chief rival — whom Mr. Biden already beat in 2020 and whom Democrats, in a sense, beat again in the midterms — is facing criminal indictments and yet currently finds himself cruising to the nomination anyway.The economy — which teetered on the edge of recession for two years with inflation rising and real wages declining — seems as if it might be on track for a soft landing, with inflation falling, real wages rising and the stock market recovering.The backlash against “woke” — a topic Republicans seemed most keen on exploiting in the Biden era — appears to have receded significantly, whether because Donald J. Trump has taken up much of the oxygen; conservatives have overreached; or progressives have reined in their excesses and fallen back to defense after conservatives went on offense.It’s probably too soon to expect these recent developments to lift Mr. Biden’s approval ratings, which remain mired in the low 40s. But if these trends persist, many of the explanations for Mr. Biden’s low approval will quickly become less credible. If his numbers don’t start to move over the next several months — with the wind seemingly at his back — it will quickly begin to raise more serious questions about his standing heading into the 2024 election.To this point in his presidency, it has been fairly easy to attribute his low ratings to economic conditions. Yes, unemployment was low and growth remained steady. But inflation surged, real incomes dropped, stocks fell into a bear market, a recession seemed imminent, and voters could see the signs of a struggling economy everywhere, including supply chain shortages and onerous interest rates.It’s fair to question whether economic conditions have actually been as bad as voters say, but it’s also fair to acknowledge these kinds of conditions can yield a pessimistic electorate. Two bouts of inflation that are reminiscent of today’s post-pandemic economy — the postwar economies of 1920 and 1946 — were catastrophic for the party in power, even as unemployment remained low by the standards of the era.Historically, it can feel as if almost every major political upheaval comes with inflation, whether it’s the Great Unrest in Britain, the Red Summer in the U.S. or even the hyperinflation of Weimar Germany. If high bread prices can be argued to have helped cause the French Revolution, it’s easy to accept that 9 percent inflation (at its peak in June 2022) could hurt Mr. Biden’s approval ratings by five or 10 percentage points.But if inflation has been what’s holding Mr. Biden back, it’s hard to say it should hold him back for too much longer. Annual inflation fell to 3 percent last month, and real incomes have finally started to rise. The stock market — one of the most visible and consequential measures of the economy for millions of Americans — has increased around 15 percent over the last six months. The University of Michigan consumer sentiment index surged 13 percent in July, reaching the highest level since September 2021 — the first full month Mr. Biden’s approval ratings were beneath 50 percent.There’s another factor that ought to help Mr. Biden’s approval rating: the onset of a new phase of the Republican primary campaign, including debates. As the Republican candidates become more prominent in American life, voters may start judging Mr. Biden against the alternatives, not just in isolation. Some of the Democratic-leaning voters who currently disapprove of Mr. Biden might begin to look at the Biden presidency in a different light.Perhaps in part for these reasons, this is about the time when many presidents see their standing turn around. Ronald Reagan and Bill Clinton’s approval ratings were clearly on the upswing at this stage of the election cycle — though both were still beneath 50 percent — as voters began to see and feel an improving economy.We will see in the months ahead whether Mr. Biden’s ratings begin to increase. I wouldn’t expect it to happen quickly: Mr. Reagan and Mr. Clinton’s ratings increased by less than a point per month between roughly this time and their re-election. Barack Obama’s ratings increased at a similar, if slightly slower, pace from his post-debt-ceiling-crisis nadir a little later in the year.But even if it is not quick, I would expect Mr. Biden’s ratings to begin to increase if these conditions remain in place. Today’s era may be polarized, but there are plenty of persuadable and even Democratic-leaning voters — who disapprove of his performance — available to return to his side.If the economy keeps improving and yet his ratings remain stagnant in the months ahead, it will gradually begin to raise hard questions about the real source of his weakness — including the possibility that his age, by feeding the perception of a feeble president, prevents voters from seeing him as effective, whatever his actual record. More