It's the economy, stupid, and former President Donald Trump leads Democrat candidate, Vice-President Kamala Harris, when it comes to economic confidence by leaps and bounds.
According to polling by the Wall Street Journal that was taken July 23-25, Trump lead Harris on confidence regarding the handling of the economy by 12 points, with Trump at 52 percent to Harris's 40 percent.
As Charlie Kirk points out in his tweet, combine that with the fact that a New York Times/Siena College Poll taken July 22-24 found that a whopping 50 percent of Americans think economic conditions are "poor."
Economic fundamentals favor Trump by double digits.
— Charlie Kirk (@charliekirk11) August 5, 2024
Kamala Crash is a huge issue for Dems. pic.twitter.com/XFkqPwafbU
Since these were both taken before the market crash happened on Monday, we can only assume that this number has increased, pushing Trump even further ahead of Harris on economic matters. This is incredibly bad news for Democrats, as not only has the economy been the number one issue on everyone's mind for some time, incumbents are typically ousted over bad economic performance.
Political scientist Morris Fiorina once put it well.
"Retrospective voting means that voters hold incumbents accountable for their past performance, particularly regarding the economy. Economic conditions are a crucial determinant in whether incumbents are rewarded or punished at the polls," he said.
This is political science 101. As you watch the stock market tumble and our economy head toward recession, Donald Trump's popularity only rises, continuing the trend of Democrats being the one to put Trump in positions of popularity and power.
To be sure, Trump is already spiking the football on the economy.
The people who said that Trump will crash the economy and start World War III, are the ones that are actually crashing the economy and starting World War III. pic.twitter.com/fi3n8pQHol
— Carla (@thecoffeesfresh) August 5, 2024
As well, he should. Right now, the biggest sound coming out of the Trump campaign should be "Bidenomics has failed you, and you know I can fix it." There's not a lot else that will matter more than this one fact. Moreover, calling it the "Kamala Crash" is one of the sharpest arrows the GOP has in its quiver right now.
As the economy descends, the Trump campaign should remind everyone of the good times before the rise of "Bidenomics" sent inflation spiraling out of control and the price of everything from food to gas rising with it. If they strike this iron while it's hot, I can imagine that whatever polling is feverishly being done by organizations and outlets right now will show that Trump has more or less become people's idea of shelter in an economic storm.
And as such, it could be the indicator that he's walked away with this election. I expect that this will hit a lot of people hard, especially as the months go on and people begin losing jobs and prices rise even higher.
Trump will become an unstoppable force. If you thought almost getting shot helped him, wait till you see what happens when the people see their own economy bleeding out in ways that really hurt.
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