Good news for Joe Biden heading into 2024
While the media decided to stupidly chase the idea that a recession was right around the corner (spoiler: nearly every time they warn about one happening, it almost never does), 2023 ended with a gain of over 24% in the stock markets – a performance heavily due in part to the welcome news that interest rates will be falling throughout 2024, as well as easing inflation.
This comes at the end of what’s been fairly remarkable news about the state of the economy, piling on month after month. There’s also been record spending for the holiday season – a surefire sign that a number of people actually feel pretty good about the current state of the economy.
This also bodes fairly poorly for the GOP, who have already run on “the economy’s good but should be better” with laughably disastrous results. They also like to try running on crime, but it’s going to be difficult to do that with 2023 showing the biggest drop in homicides within a year span.
Despite the miserable, dystopian picture Republicans want so badly to be true, symptoms abound that the very opposite is happening. We’re ending 2023 on a solid note with plenty of good news to go around – and we need to talk about it from now right through 2024 when we re-elect President Biden.
James Sullivan is the assistant editor of Brain World Magazine and an advocate of science-based policy making