Can Biden make it 'the economy, stupid' again? - News Summed Up

Can Biden make it 'the economy, stupid' again?


(CNN) Eight weeks in, President Joe Biden has overseen a huge Covid relief win , surging vaccinations and declining case counts. Near-unanimous support among rank-and-file Democrats allowed him to push the $1.9 trillion Covid relief bill through a Congress narrowly controlled by his party. But his upside-down standing among rank-and-file Republicans meant Biden couldn't command the vote of a single GOP lawmaker. Already poised for resurgence, then revved up further by his Covid relief plan, the US economy will expand 7% this year and 5.1% in 2022, Goldman Sachs analysts now predict. The political slogan Clinton once made famous -- "it's the economy, stupid" -- would imply a large electoral payoff for Biden's own standing and his party's 2022 prospects.


Source: CNN March 21, 2021 11:13 UTC



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