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      Wrestling With Inequality, Some Conservatives Redraw Economic Blueprint

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      A growing number of Republican politicians and theorists are challenging party orthodoxy on pocketbook issues, corporate power and government’s role.More Republicans are coming to the view that economic inequality, or a lack of social mobility, is a problem in the United States — and that more can be done to enable families to attain or regain a middle-class life.Though discussions about inequality tend to be most visible among liberals, about four in 10 Republican or Republican-leaning adults think there is too much economic inequality in the country, according to a Pew Research survey. And among Republicans making less than about $40,000 a year who see too much economic inequality, 63 percent agree that the economic system “requires major changes” to address it.But a growing debate among conservative thinkers, politicians and the party base — online, in books and in public forums — reveals a group divided about how, in practice, to address pocketbook issues and the extent to which the government should be involved.“I don’t think just having a bigger government is a solution to a lot of these problems,” said Inez Stepman, a senior policy analyst at the Independent Women’s Forum and a fellow with the Claremont Institute, a conservative think tank widely credited with giving Trumpism an intellectual framework. “But I do think that we could stand to think a little bit more on the right about how to make that 1950s middle-class life possible for people.”These yearnings and ideological stirrings have picked up as both whites without college degrees and the broader working class have grown as a share of Republican voters. (Hillary Clinton won college-educated white voters by 17 percentage points in her 2016 race against Donald J. Trump; four years earlier, Mitt Romney, the Republican nominee, carried that group.)A notable swipe against longtime Republican economic thinking has come from Sohrab Ahmari, a conservative who served as an editorial page writer for The Wall Street Journal and the opinion editor of The New York Post. The metamorphosis of his worldview is laid out in a recently published book, “Tyranny, Inc.: How Private Power Crushed American Liberty — and What to Do About It.”“I was writing editorials preaching the gospel of low taxes, free trade, et cetera,” Mr. Ahmari said in an interview. But Mr. Trump’s election inspired him to research how “American life in general for the lower rungs of the labor market is unbelievably precarious,” he said, and his politics changed.Mr. Ahmari recently endorsed a second term for Mr. Trump, but he has written that “while ferociously conservative on cultural issues,” he is also “increasingly drawn to the economic policies of the left — figures like Senators Elizabeth Warren or Bernie Sanders.”In their own ways, Republican presidential primary candidates are jostling for ways to validate the populist energy and financial unease that Mr. Trump tapped into with a mix of pronouncements and policy promises. Some have set out economic goals that, according to many experts, are hard to square with their promises to reduce public debt and taxes and make deep cuts to government programs — especially now that many Republicans have backed away from calls to cut entitlement benefits.In a campaign speech in New Hampshire this summer called “A Declaration of Economic Independence,” Gov. Ron DeSantis of Florida, a Republican presidential contender, sharply critiqued China, diversity programming, “excessive regulation and excessive taxes” — a familiar set of modern conservative concerns. Yet he also echoed complaints and economic goals often heard from the left.“We want to be a country where you can raise a family on one sole income,” he told the crowd.“We cannot have policy that kowtows to the largest corporations and Wall Street at the expense of small businesses and average Americans,” he added. “There’s a difference between a free-market economy, which we want, and corporatism.”Critics on the left and the right argue that Mr. DeSantis has failed to clearly define how he would achieve those goals. The DeSantis campaign declined to comment for this article, but he has cited pathways to broader prosperity that include bringing industrial jobs back from abroad, increasing work force education and technical training, removing “red tape” faced by small businesses and aiming for annual U.S. economic growth of at least 3 percent.Though the fissures on the right over economic issues were evident when Mr. Trump upended the political scene eight years ago, the realignments are maturing and deepening, causing fresh tensions as factions disagree on the extent to which inequality, globalization and growing corporate power should be seen as problems.Some conservatives remain more concerned with the trajectory of federal spending and unlocking greater overall prosperity, rather than its distribution.Last year, Phil Gramm, a Republican who steered the passage of major tax cuts and deregulation during his time representing Texas in Congress from the 1970s to the early 2000s, published a book with his fellow economists Robert Ekelund and John Early called “The Myth of American Inequality.” The book — filled with alternative tabulations of impoverishment and living standards — argues that inequality is not high and rising as “the mainstream” suggests.It argues that when including welfare transfers, income inequality has been more stable than government figures suggest, and that the share of Americans living in poverty fell from 15 percent in 1967 to only 1.1 percent in 2017.“The point of the book is to get the facts straight,” Mr. Gramm said in an interview, adding that “we’re having these debates” with numbers that are “verifiably false.” (Some scholars have vehemently disagreed with the authors’ analysis.)Scott Lincicome, a vice president at the libertarian Cato Institute, said that he largely agreed with Mr. Gramm’s thesis and that Americans were mostly wrestling with “keeping up with the Joneses,” not a loss of economic traction.“In general, folks at the bottom, up to the median, are doing better,” Mr. Lincicome concluded. “They’re not winning the game, but they’re doing better than the same group was 30-plus years ago.”He added: “You know, economists can debate all day long whether we’re better off, worse off overall or whatever. But when you factor in all the factors, I personally think things are fine.”To the extent that these debates have popular reach, the most public face of the revisionist camp may be Oren Cass, an adviser to Mr. Romney’s 2012 campaign, who has become immersed in a collective project among some right-leaning thinkers to “rebuild capitalism.”Mr. Cass and his allies want to use government spending and power to promote economic mobility with traditionalist goals in mind — like reducing the cost of living for the heads of married, two-parent households.Mr. Cass praised Mr. Ahmari’s book as one that “bravely goes where few conservatives dare tread, to the ideologically fraught realm in which the market appears inherently coercive and capitalism appears in tension with economic freedom.” (Senator Marco Rubio, Republican of Florida, is talking at a book event with Mr. Ahmari this month at the National Press Club in Washington.)Many economists and political scientists contend that the ideological realignment on the right is overblown, confused with a broader, hard-to-quantify loyalty to Mr. Trump rather than an explicit ideology giving life to Trumpism.“In a way,” Mr. Ahmari said, his critics — “the people who say, ‘Yeah, sure, you’re just a couple of guys: you, Oren, and a few others at magazines and think tanks’” — are “not wrong institutionally,” as there is little donor support for their efforts.“But they are wrong in terms of voters,” he added.Ms. Stepman of the Claremont Institute says she is personally “more traditional right” than thinkers like Mr. Ahmari but agrees they are tapping into something real.“There is a very underserved part of the political spectrum that is genuinely left of center on economic issues, right of center on cultural issues,” she said, pointing to issues including immigration, gun laws, education, gender norms and more.Gabe Guidarini is one of them.Growing up in Lake Bluff, Ill., in a working-class household where MSNBC often played in the background at night, Mr. Guidarini felt his view that “the status quo in this country is corrupt” was validated by the “anti-establishment” voices of both Mr. Sanders and Mr. Trump. But he came to the view that “you can’t get away with” social views that stray from progressive orthodoxy and still be accepted by Democrats. Now, at 19, he is the president of the University of Dayton College Republicans.In 2022, he worked as a campaign intern for J.D. Vance — the author of “Hillbilly Elegy: A Memoir of a Family and Culture in Crisis,” who aligned himself with Trumpism after his 2016 book was credited for providing a “reference guide” for Mr. Trump’s electoral success. Mr. Vance, an Ohio Republican, was elected to the U.S. Senate.In line with Tucker Carlson and some other conservatives, Mr. Guidarini thinks the party “should be taking policy samples from Viktor Orban in Hungary, and what he’s doing with family policies that aim to increase family creation, increase childbirth and make it easier to live a decent life as a working or middle-class taxpayer,” he said. “That’s what’s going to return the American dream for so many people, because to young people — and I feel like a lot of other people in America today — the American dream feels dead.”Mr. Guidarini, like many on the right, is wary of achieving those goals by increasing taxes on the wealthy. But according to Pew Research, more Republican or Republican-leaning adults support raising tax rates for those with incomes over $400,000 (46 percent) than say those rates should go unchanged (29 percent) or be lowered (24 percent). And more than half of low-income Republicans support higher taxes on the highest earners.For now, though, all economic debates are “tangential,” said Saagar Enjeti, a conservative millennial who is a co-host of two podcasts that often feature competing voices across the right.“‘What are we going to do when the Trump tax cuts expire?’ These are not the fights that are happening,” Mr. Enjeti said. “I wish they were, but they’re not. They’re just not.”With consensus on policy solutions elusive and “the culture wars” in the campaign forefront, Mr. Enjeti said, Republicans will mostly rally around what he believes will be Mr. Trump’s simple economic message: “Make America 2019 Again” — a time when unemployment, inflation and mortgage rates were low and, for all of life’s challenges, at least cultural conservatives were in the White House. 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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      Nikki Haley Aims to Turn Her Debate Moment Into Momentum

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      The former South Carolina governor — the only woman in the Republican field — stood out for her responses on abortion, foreign policy and Donald Trump’s indictments.Less than 30 minutes into the first Republican presidential debate, the men onstage were bickering — just as Nikki Haley predicted.“I think this is exactly why Margaret Thatcher said, ‘If you want something said, ask a man,’” quipped Ms. Haley, the former governor of South Carolina and former ambassador to the United Nations. “If you want something done, ask a woman.”The response was the beginning of a standout performance for Ms. Haley, who already cut a distinct figure: the lone woman in the Republican field, standing in a white and light blue suit-style dress among a stretch of men in nearly identical red ties.Her Thatcher line — a favorite on the stump and the inspiration for the title of one of her books — captured the balance she has sought to strike between testing her party’s attitudes and not leaning too far into her gender. But Ms. Haley, who has struggled to gain traction in primary polls dominated by Donald J. Trump, did not always stay above the fray.She took swings at her rivals and offered a general-election vision for her party that seemed to intrigue some voters and pundits who were impressed with her abilities to speak authoritatively, skillfully break with the pack on some issues and give and take punches.The showing could inject some much-needed momentum into her campaign. Ms. Haley spent the next morning sitting through a blitz of interviews before she was expected in Chicago for a fund-raiser. At the very least, her allies said, the debate gave a glimpse into why she should not be discounted.“Nobody thought Nikki Haley could get elected to anything in South Carolina,” said Katon Dawson, a Haley surrogate and the former chairman of the South Carolina Republican Party. And yet, he added, “she has never lost a race.”Here are four areas where Ms. Haley was able to land a blow and distinguish herself from the field on Wednesday night in Milwaukee.“Do not make women feel like they have to decide on this issue.”She went head-to-head with former Vice President Mike Pence on abortion, giving an impassioned defense of women and urging her rivals to stop “demonizing” the issue. As governor of South Carolina, she signed a 20-week ban on the procedure, but on Wednesday, just as she has before, she called for “consensus” on the issue.“Can’t we all agree that we should ban late-term abortions? Can’t we all agree that we should encourage adoptions? Can’t we all agree that doctors and nurses who don’t believe in abortion shouldn’t have to perform them?” she said, before continuing: “Can’t we all agree that contraception should be available? And can’t we all agree that we are not going to put a woman in jail or give her the death penalty if she gets an abortion?”Ms. Haley’s attempts to lead her party on a thorny issue haven’t always resonated — partly because, her critics say, she has dodged most questions on the details of her positions. On the stage Wednesday, she broached familiar personal themes, saying she was “unapologetically pro-life” because her husband was adopted and she had trouble conceiving her two children.But when Mr. Pence sought to establish himself as the staunchest opponent of abortion, telling Ms. Haley that “consensus is the opposite of leadership,” Ms. Haley fired back that he was being dishonest about what was politically possible when it comes to Congress passing a federal ban on abortion.“When you’re talking about a federal ban, be honest with the American people,” she said, arguing that the 60-vote filibuster threshold in the Senate meant that no Democratic or Republican president would be able to set abortion policy.The exchange underscored the deep and emotional divide that has emerged among Republicans since the Supreme Court overturned Roe v. Wade last year. Though members of the party largely support that ruling, a fierce electoral backlash to more stringent state-level restrictions has made abortion a politically risky issue for Republicans.“This guy is a murderer, and you are choosing a murderer over a pro-American country.”Some of Ms. Haley’s fiercest clashes were with Vivek Ramaswamy, a biotech entrepreneur and political newcomer, over her support for Ukraine in its effort to fight Russia’s invasion, an issue that has starkly divided the field and the party more broadly. She suggested that Mr. Ramaswamy wanted to “hand Ukraine to Russia,” and that President Vladimir V. Putin of Russia had killed Yevgeny V. Prigozhin, the leader of the Wagner mercenary group responsible for a short-lived mutiny.“This guy is a murderer, and you are choosing a murderer over a pro-American country,” Ms. Haley said to Mr. Ramaswamy, referring to Mr. Putin, whom she also called “thug.” “You don’t do that to friends. What you do instead is you have the backs of your friends.”Later, she took one of the most memorable shots of the night when she told Mr. Ramaswamy: “You will make America less safe. You have no foreign policy experience and it shows.” This drew loud applause from the audience.“They all voted to raise the debt, and Donald Trump added $8 trillion to our debt.”On the campaign trail, Ms. Haley often tells crowds that it is time to put an accountant like herself in the White House. On Wednesday, as her rivals blamed President Biden and Democrats for economic policies that they said had driven up the cost of food and gasoline, Ms. Haley criticized both Republicans and Democrats for increasing the nation’s spending and debt.“The truth is that Biden didn’t do this to us,” she said. “Our Republicans did this to us when they passed that $2.2 trillion Covid stimulus bill.”Mr. Biden shared a clip of Ms. Haley in which she said her rivals — Mr. Trump, Mr. Pence, Mr. DeSantis and Senator Tim Scott of South Carolina — had all fueled the national debt increase. “What she said,” the president said on X, formerly known as Twitter.Economists largely agree that Mr. Biden’s $1.9 trillion pandemic rescue plan in 2021 contributed to the highest inflation rate in decades. But they spread the blame to stimulus passed under Mr. Trump and monetary stimulus by the Federal Reserve, along with disruptions to supply chains caused by Covid-19.The issues of debt and spending, along with calls for greater transparency in government, were part of Ms. Haley’s stunning come-from-behind-victory in 2010 when she was elected governor. That year, Ms. Haley, the daughter of Indian immigrants, rode the Tea Party wave to become the first woman and first person of color to lead South Carolina — as well as the youngest governor of any state at the time.“We have to face the fact that Trump is the most disliked politician in America.”Ms. Haley elicited some boos from the arena audience when she called for “a new generational conservative leader,” pointing out “that-three quarters of Americans don’t want a rematch between Mr. Trump and Mr. Biden.”“We have to face the fact that Trump is the most disliked politician in America,” she said. “We can’t win an election that way.”In an interview with the Fox News host Sean Hannity after the debate, Ms. Haley appealed to Republican primary voters to back a candidate other than Mr. Trump, whom she cast as an unsure bet against Mr. Biden.She said that she believed the criminal indictments against Mr. Trump were politically motivated, but that the cases could nevertheless take him off the campaign trail.“I served with him, I was proud to serve with him, I agree with him on most issues and he’s my friend,” Ms. Haley said of the former president. “But the reality is we cannot afford Joe Biden.” More

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      With National Monument Designation, Biden Tries to Balance Electoral Realities

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      The president has highlighted his climate actions as a way to spur domestic energy production and create blue-collar jobs, while nodding to environmental activists and tribal leaders.The president designated nearly a million acres of land in Red Butte, Ariz., as a national monument.Kenny Holston/The New York TimesAfter spending most of his appearance near the Grand Canyon describing how his fifth national monument designation would preserve sagebrush, bighorn sheep and 450 kinds of birds, President Biden said on Tuesday that protecting the land long held sacred by Native American leaders was not just a matter of the environment.“By creating this monument, we’re setting aside new spaces for families to bike, hunt, fish and camp, growing the tourism economy,” Mr. Biden said as he declared nearly a million acres near the Grand Canyon as a national monument, with the 300-million-year-old “majestic red cliffs” serving as his backdrop.“Preserving these lands is good not only for Arizona, but for the planet,” he said. “It’s good for the economy.”Mr. Biden has often framed his climate investments as a means to spur domestic energy production, one that would create thousands of jobs for blue-collar workers. But when he traveled to Arizona to announce a permanent ban on uranium mining in the area, he also nodded to other crucial constituencies: environmental activists and tribal leaders who have pressed the White House to make good on its ambitious campaign promises to protect the environment and ancestral homelands.The White House has presented Mr. Biden’s sales pitch for legislation aimed at cutting planet-warming greenhouse gas emissions, the Inflation Reduction Act, as a job-growth machine to appeal to the middle class. But the administration knows that those who care about protecting the environment and preserving lands stripped from tribal nations are crucial voters, particularly in the battleground state of Arizona.The balancing act was reflected during Mr. Biden’s visit to the mountainous range of Red Butte near the Grand Canyon, where he spoke of job creation while also acknowledging environmental activists and tribal leaders.Indigenous people, Mr. Biden said, “fought for decades to be able to return to these lands to protect these lands from mining and development to clear them of contamination to preserve their shared legacy.”The Biden administration has argued that the Grand Canyon region contains just about 1.3 percent of the country’s uranium reserves.Kenny Holston/The New York TimesThe White House hopes Mr. Biden’s message is received by not just Native Americans but also young and climate-conscious voters, many of whom have yet to be fired up by his economy-first message.About 71 percent of Americans say they have heard “little” or “nothing at all” about the Inflation Reduction Act one year after it was signed, according to a Washington Post-University of Maryland poll. And most Americans — 57 percent — disapprove of Mr. Biden’s handling of climate change, according to the poll. Recent polls also show that voter sentiment on the economy continues to drive the president’s negative approval ratings.Mr. Biden has been inconsistent in his efforts to protect federal lands and waters. This year he approved the Willow project, a large oil-drilling development in the pristine Arctic wilderness. The administration also approved more oil and gas permits in its first two years than President Donald J. Trump did in his, and agreed to a series of compromises in the Inflation Reduction Act, Mr. Biden’s signature climate law, to allow offshore oil and gas leasing in the Gulf of Mexico and Alaska’s Cook Inlet.“It’s a pick-your-battle environment,” said Joel Clement, a former policy director at the Interior Department.Mr. Clement, who is now a senior program officer at the Lemelson Foundation, a philanthropic group funding work on climate change, said he believed the Biden administration was intent on protecting Indigenous lands and culture, and also on blocking as much fossil fuel production as it could.But, he said, “The calculus revolves around how much damage they can weather from the right on each of these things.”The Biden administration needs to amp up its climate change messaging as campaign season heats up, said Anthony Leiserowitz, the director of the Yale Program on Climate Change Communication, which has conducted surveys on Americans’ climate opinions since 2007.While the message about jobs and the economy might be a winning strategy in a general election, Mr. Leiserowitz said Mr. Biden’s base of climate-focused voters wanted to see the president use the bully pulpit to talk more about replacing fossil fuels, the burning of which is dangerously heating the planet.“They have more teachable moments to talk about climate change with the American people than any other president in history because we are getting hit every day by another two-by-four of climate extremes on steroids,” Mr. Leiserowitz said.Mr. Biden leaned into that message on Tuesday, describing his efforts to combat the effects of climate change, including investing $720 million for Native American communities to ease the impact of droughts and rising sea levels. Standing before an Arizona delegation as well as tribal leaders donning traditional attire, Mr. Biden framed the Inflation Reduction Act as the biggest investment in climate conservation and environmental justice on record.But his announcement also highlighted the risks Mr. Biden faces as he seeks to conserve lands while also promoting the expansion of clean energy. Uranium is a fuel most widely used for nuclear plants, a key source of energy that does not produce carbon dioxide emissions.As countries work to curb planet-warming greenhouse gasses, competition for uranium is expected to increase, according to experts. The United States imports the majority of its uranium, from Kazakhstan, Canada, Australia and Russia.Paul Goranson, the chief executive of enCore Energy, which has mining claims in the Grand Canyon area, said the uranium found there is of a higher grade than in other parts of the United States. Cutting off that supply, he said, will keep the United States reliant on imports, which could have an impact on national security and hurt the Biden administration’s ability to develop zero-emissions energy sources to fight climate change.“It seems the timing is a bit inconsistent with the president’s objectives for clean energy,” Mr. Goranson said. “It doesn’t seem to be aligning with his stated clean energy targets.”The Biden administration has argued that the Grand Canyon region contains just about 1.3 percent of the country’s uranium reserves. Environmental groups also noted that because the area was under a 20-year moratorium imposed during the Obama administration, no mining would have occurred for at least a decade anyway.Republicans blasted Mr. Biden’s decision this week. Senator John Barrasso of Wyoming, the top Republican on the Senate Energy and Natural Resources Committee and a supporter of nuclear energy, accused the president of “supporting our enemies” by blocking uranium production. American companies currently pay around $1 billion a year to Russia’s state-owned nuclear agency to buy uranium.The White House’s balancing act of framing its agenda as a boon to domestic investment and job growth, as well as a way to combat climate change and advance environmental justice, will continue throughout the re-election campaign, according to senior White House officials. After Mr. Biden was endorsed by the four largest environmental groups in the United States in June, the president celebrated days later at a rally for union workers.“The investment isn’t only going to help us save the planet, it’s going to create jobs — lots of jobs, tens of thousands of good-paying union jobs,” Mr. Biden reminded A.F.L.-C.I.O. members at the rally in Philadelphia.That strategy was evident on Tuesday. As Mr. Biden talked about the importance of protecting the country’s natural wonders, Vice President Kamala Harris joined Labor Department officials in Philadelphia to speak to construction workers about efforts to raise their wages.And after the event at the Grand Canyon, Mr. Biden traveled to Albuquerque, where he will describe how his signature climate and clean energy bill also creates manufacturing jobs in the clean energy sector.A group gathered to see President Biden.Kenny Holston/The New York TimesJohn Leshy, a public lands expert who served in the Interior Department during the Clinton and the Carter administrations, said trade-offs between developing renewable energy to fight climate change and conserving and protecting public lands will only increase in the years to come.“We’ve got a catastrophe in the offing if we don’t move rapidly to decarbonize,” Mr. Leshy said. “I don’t think that means opening up the Grand Canyon to uranium mining everywhere, but in some situations it does mean we’re going to have to grit our teeth” to allow for more minerals development, he said.For Carletta Tilousi, a member of the Havasupai Tribe, Mr. Biden’s monument designation means that her ancestors “are finally going to be feeling rested.”“A lot of these areas are in places where there were once gathering sites of tribal people and many years ago, hundred years ago, where our ancestors once roamed and we still roam today here,” she said. “But I believe those areas are very important to our existence.” More

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      Biden’s Approval Rating Remains Low Despite Flurry of Good News

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      The president is experiencing a flurry of good news on the economy, crime, immigration and other areas, but voters so far have not given the president much credit.Inflation at long last is down. So are gas prices and Covid deaths and violent crime and illegal immigration. Unemployment remains near record lows. The economy, meanwhile, is growing, wages are climbing, consumer confidence is rising and the stock market is surging.For President Biden, many of the numbers that define an administration are finally heading in the right direction. Except one: his approval rating.Despite the flurry of good news on economic and other domestic fronts in recent weeks and months, Mr. Biden’s poll numbers remain low. Just 39 percent approved of his performance in the latest survey by The New York Times and Siena College, far from the level that would typically give strategists confidence heading into a re-election campaign.An average of multiple recent polls by the website FiveThirtyEight puts Mr. Biden’s approval at 41.2 percent, lower than every president at this stage of their term in the last three-quarters of a century other than Jimmy Carter, who went on to lose his bid for a second term. The Times-Siena survey found Mr. Biden deadlocked at 43 percent to 43 percent with the Republican front-runner, former President Donald J. Trump, who has been indicted three times on criminal charges.The question for Democrats is whether Mr. Biden’s public standing is a lagging indicator that will grow in the next several months as improving conditions in the country become more evident to voters, much as Presidents Ronald Reagan, Bill Clinton and Barack Obama were transformed from midterm losers to re-election winners. Or as some Democrats fear, is Mr. Biden’s anemic support more about Mr. Biden himself in a highly polarized moment that will make securing a second term next year vastly more challenging?“Even though Biden’s numbers aren’t great, their trendlines, albeit halting, are positive, and we’ll see if they have a soft landing,” said Douglas B. Sosnik, who was Mr. Clinton’s White House counselor and analyzes today’s political trends in regular papers. “I feel like Biden has plenty of time to get the arrows in the right direction the way that Obama did and Clinton did and Reagan did.”Biden aides express equanimity about the sluggish poll numbers, noting that Mr. Biden won in 2020 and that Democrats avoided a predicted “red wave” in 2022 despite his similarly low approval rating then.But they are taking satisfaction for the moment that so many other indicators have turned positive. Given where this presidency began, in the throes of a pandemic and resulting economic crisis, it was hardly a given that a year out from the next election Mr. Biden would preside over a healthy economy and a healthy citizenry.The president’s advisers argue that the positive trendlines of late were a direct result of Mr. Biden’s policies, including widespread Covid-19 vaccination, abundant pandemic relief spending, a mammoth new program to build or repair roads, bridges and other public works, record investments in clean energy and federal support to jump-start the semiconductor industry.Biden aides express equanimity about the sluggish poll numbers, taking satisfaction for the moment that so many other indicators have turned positive.Doug Mills/The New York Times“What you’re seeing is the president put in two hard years of work of putting these policies in place, and they’re starting to deliver the results we thought they would,” said Ron Klain, the president’s first White House chief of staff, who managed many of those efforts.“The good economic news is very important. It creates a base for him to run on,” he added. “I don’t think you’re ever going to persuade Republicans, but I think independents are coming around that the economy is doing better, and I think that’ll be a self-reinforcing cycle.”Republicans will do all they can to foster the opposite impression, though, portraying the nation as a dystopian hellscape awash in crime, uncontrolled immigration, rising debt and economic misery. “Our country is going to hell,” Mr. Trump told supporters in April.Mr. Biden has engaged in the battle of perceptions lately by branding the disparate elements of his agenda “Bidenomics” and embarking on a barnstorming tour of the country claiming credit for avoiding the recession experts had long predicted. His team has proved particularly disciplined in reinforcing that message with the kind of relentless repetition traditionally necessary to cut through the noise of public life.Change in attitudes has been noticeable but incremental. Just 23 percent of Americans think the country is on the right track in the latest Times/Siena poll, but that is up from 13 percent a year ago. Similarly, just 20 percent consider the economy excellent or good, but that is up from 10 percent a year ago, while the share of respondents who called it poor has fallen from 58 percent last summer to 49 percent today.It can take a while for the public perspective to catch up with improving conditions. A recession during the presidency of George H.W. Bush officially ended in 1991, long before the 1992 election, but it did not feel that way to voters who turned instead to Mr. Clinton and his “it’s-the-economy-stupid” campaign.The Great Recession sparked by the 2008 financial crash formally ended in June 2009, but Mr. Obama’s Democrats were still swamped in midterm elections a year later. By the time he came up for re-election in 2012, public confidence in the economy had improved and he secured a second term.Moreover, the lingering effects of recent hardships are not so easily erased. Inflation has fallen from a peak of 9 percent to 3 percent, a remarkable drop, but even though prices have stabilized, they have stabilized at a level still significantly higher than when Mr. Biden took office. Unemployment is at 3.5 percent, matching a half-century low and meaning that most people who want a job can find one, but not all of these positions have high pay with benefits. Wages have begun rising faster than inflation — but only just begun.And for all that, conditions still feel in flux to many people. While illegal border crossings have dropped significantly since last year, they surged again in July. The S&P 500 stock market index has swelled by 17 percent this year, but slipped in recent days after the Fitch Ratings agency downgraded the U.S. government’s credit. Likewise, gas prices remain below their peak but have inched up lately.What may prove more vexing to Mr. Biden and his strategists is the possibility that his political prospects may be decoupled from such issues. In past generations, Americans were more reactive to events in evaluating their presidents, while in recent years they have been more locked into their partisan corner. The days when a president could garner the support of 60 percent or more of the public feel long gone.President George W. Bush’s approval rating in Gallup surveys fell below 50 percent two months after his second inauguration and never surpassed it again for his entire second term. Mr. Obama was below 50 percent for the vast bulk of his second term until his final months in office, and Mr. Trump never enjoyed the support of a majority of Americans for a single day of his presidency. Mr. Biden fell below 50 percent in his first summer in office and has yet to recover.“Presidents today are less and less able to rely on even begrudging approval from partisans on the other side of the aisle,” said Kristen Soltis Anderson, a Republican pollster. “This places a lower and lower ceiling on presidential job approval, because without the ability to garner any approval from the other side, you are stuck relying solely on your own party’s voters to boost you.”For decades, the American National Election Studies, a collaboration of Stanford University and the University of Michigan, has tracked how Americans felt about presidential candidates, asking them to rate them on a scale of zero to 100, with zero meaning very cool and 100 meaning very warmly.In 1980, Ronald Reagan and Jimmy Carter both received some measure of support from voters who were not in their party.United Press InternationalIt used to be that Americans had at least some respect or admiration for a candidate of the other party. In 1980, Democratic voters gave Mr. Reagan an average of 46.3 while Republicans gave Mr. Carter an average of 40.6. In 2000, Democratic voters gave the younger Mr. Bush an average of 44.8 while Republicans gave the Democrat Al Gore an average of 40.8.But by recent years, views had hardened, becoming far more pronounced and partisan. In 2016, Democratic voters gave Mr. Trump just 14.5 while Republicans gave Hillary Clinton a 16.6. In 2020, Democrats gave Mr. Trump a 9.6 while Republicans gave Mr. Biden a 20.2.“The reality is that presidents lately are not coming into office with even the slightest bit of good will or benefit of the doubt from the other side,” Ms. Anderson said, “and that places a very hard cap on how much approval they can ever hope to garner outside their own team.”So as Mr. Biden and his team look ahead to 2024, they hope to make the most of an improving economy to bring home disaffected Democrats and independents, but they cannot count on a newfound swell of popularity to carry him to victory. Instead, they anticipate a grinding campaign in which they compete for a relatively small share of the electorate while trying to maximize turnout among their own voters.“Republicans are just hard core,” Mr. Klain said. “They’re never going to approve of Joe Biden’s job, no matter what he’s doing. The vote is the vote. What matters is who’s going to win on Election Day.” 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

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      Can Biden Change the Economic Narrative?

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      Back in the 1970s, Arthur Okun, an economist who had been a policy adviser to Lyndon Johnson, suggested a quick-and-dirty way to assess the nation’s economic condition: the “misery index,” the sum of inflation and unemployment. It was and is a crude, easily criticized measure. The measurable economic harm from unemployment, for instance, is much higher than that from inflation. Yet the index has historically done a quite good job of predicting overall economic sentiment.So it seems worth noting that the misery index — which soared along with inflation during 2021 and the first half of 2022 — has plunged over the past year. It is now all the way back to its level when President Biden took office.This remarkable turnaround raises several questions. First, is it real? (Yes.) Second, will ordinary Americans notice? (They already have.) Third, will they give Biden credit? (That’s a lot less clear.)The plunge in the misery index reflects both what didn’t happen and what did. What didn’t happen, despite a drumbeat of dire warnings in the news media, was a recession. The U.S. economy added four million jobs over the past year, and the unemployment rate has remained near a 50-year low.What did happen was a rapid decline in inflation. But is this decline sustainable? You may have seen news reports pointing out that “core” inflation, which excludes volatile food and energy prices, has been “sticky,” suggesting that improvement on the inflation front will be only a temporary phenomenon.But just about every economist paying attention to the data knows that the traditional measure of core inflation has gone rotten, because it’s being driven largely by the delayed effects of a surge in rents that ended in mid-2022. This surge, by the way, was probably caused by the rise in remote work triggered by the Covid-19 pandemic rather than by any Biden administration policy.Alternative measures of core inflation that exclude shelter by and large show a clear pattern of disinflation; inflation is still running higher than it was before the pandemic, but it has come down a lot. If you really work at it, it’s still possible to be pessimistic about the inflation outlook, but it’s getting harder and harder. The good news about inflation, and about the economy as a whole, does look real.But are people noticing this improvement? Traditional measures of economic sentiment have become problematic in recent years: Ask people how the economy is doing, and their response is strongly affected both by partisanship and, I believe, by the narratives conveyed by the news media. That is, what people say about the economy is, all too often, what they think they’re supposed to say.But if you ask Americans more specific questions, such as whether now is a good time to find a quality job, they typically say yes. At the same time, their expectations about future inflation have declined substantially.And if you look at a novel indicator — what information people are searching for on the internet — you’ll find that searches for both “inflation” and “recession” soared in 2021-22 along with the misery index but have plunged over the past year.Finally, as always, it’s important to look at what people do as well as what they say. Strong consumer spending, record levels of air travel and many other indicators suggest that Americans are feeling pretty good about their economic circumstances.But will Biden get credit? Polls suggest that voters are still giving him very poor marks for his handling of the economy, despite the decline in the misery index.Some analysts have argued that this jaundiced view reflects a failure of wages to keep up with inflation. But this was true for most of the Reagan years too, and in any case real wages have been rising lately.So will voters’ views of the Biden economy eventually reflect the good news? Or did the inflation shock of 2021-22 establish a narrative of Biden as a poor economic manager that has become too deeply entrenched — both in the public consciousness and in the news media — to be dislodged even as the economy rapidly improves?Biden himself is trying hard to change that narrative, by pointing both to the improving data and to an impressive surge in manufacturing investment. But I have no idea whether he’ll succeed. One encouraging precedent for Biden: Ronald Reagan still had fairly low approval in mid-1983, then went on to win a landslide in 1984 on the strength of the economy’s recovery. Biden might yet turn the narrative on his economic policy around.And even if he can’t, it might not matter. High inflation was supposed to guarantee a huge red wave in the midterm elections. Instead, Democrats did surprisingly well, probably because abortion and other social issues played a bigger role than economics. Those social issues aren’t going away, while high inflation is. Arguably, Biden doesn’t need to convince Americans that his economic policies have been highly successful; he just needs to make the case that the economy isn’t doing too badly.And it isn’t. In fact, by most measures the economy is doing quite well.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