Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
What falling wage growth says about where the...
Is America on the cusp of a farm...
U.S. oil has its biggest one-day price increase...
U.S. added 178,000 jobs in March, reflecting resilient...
Savannah Guthrie returns to ‘TODAY’ amid search for...
Stocks have their worst quarter since 2022, raising...
Hershey to resume using chocolate in most products;...
Republican leaders announce two-track plan to end the...
Body found in Colombia amid search for missing...
Trump says his ‘preference’ would be to ‘take...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Politics

Harris cuts Trump’s advantages on economy, immigration

by admin August 15, 2024
August 15, 2024
Harris cuts Trump’s advantages on economy, immigration

For his entire aborted 2024 reelection campaign, no issues threatened to hamstring President Joe Biden quite as much as the economy and immigration.

The economy is almost always voters’ top issue, and views of Biden’s handling of it were routinely way underwater. Immigration is generally less important in voters’ minds, but a border crisis pushed Biden’s numbers on the issue to historically low levels — to the point where three-fourths of independents and large numbers of Democrats disapproved. One poll early this year showed Americans preferred Donald Trump over Biden on immigration by more than 30 points.

Vice President Kamala Harris replacing Biden as the Democratic presidential nominee has significantly blunted those liabilities for Democrats.

A new poll this week piqued more than a few people’s interest. It came from the Financial Times and the University of Michigan’s Ross School of Business, and it showed that about as many Americans preferred Harris on the economy (42 percent) as preferred Trump (41 percent). Such a finding was previously unthinkable, after many months of the economy dogging Biden.

That might overstate how much Harris has mitigated this issue for Democrats. But it’s surely somewhat.

Across three other recent polls to compare the two candidates on the issues — national polls from NPR/PBS/Marist College and Marquette University Law School and a swing-state poll from the New York Times and Siena College — Harris has trimmed between six and nine points off Biden’s previous deficits to Trump on the economy.

On immigration, she has trimmed between four and seven points off Biden’s previous deficits.

That said, she still trails Trump on these issues — by between three and 12 points on the economy, and by between five and 18 points on immigration. And a CNBC poll last week showed that about twice as many voters said they thought they’d be better off financially if Trump wins (40 percent) as said the same of Harris winning (21 percent).

That suggests these key issues remain a liability, just less of one.

Harris has redrawn the issue contrast rapidly on other issues, too. And she has built a bigger lead on some key ones that already favored Democrats.

The key one: Polls suggest she’s much better situated to take advantage of Democrats’ advantage on abortion rights. While Biden led Trump on that issue by around 10 points in previous Times/Siena and Marquette polls, Harris now leads by 19 points in the Times/Siena poll and 23 points in the Marquette poll.

Harris has also gained somewhat in these polls on another issue Democrats have sought to emphasize, democracy, as well as health care and Medicare and Social Security.

Harris now leads by double digits on each of these issues, which Democrats hope will offset their deficits on the economy and immigration.

It’s valid to ask why Harris suddenly over-performs Biden on these issues, particularly given that she has served alongside him for 3½ years. There is little indication thus far that her policies differ markedly from his, and she has yet to detail too many policies — though that is beginning to change this week.

But policy isn’t the only factor; so too is a candidate’s perceived ability to effectuate that policy and be a strong leader. It seems possible that, amid plenty of Democratic fretting about how Biden didn’t seem to get enough credit for strong, non-inflation economic indicators, many voters were dinging Biden because of their belief that he simply wasn’t up to the task — not necessarily because of specific outcomes.

And perhaps there was an opening for them backing off these concerns. Many voters, for instance, perceive their own finances or the economy in their area as being strong, even as they viewed the national economy much more negatively. That suggests this might not be as immediate and lingering an electoral concern as it might seem.

What’s clear is that, for whatever reason, Harris isn’t bogged down on these issues due to her connection with Biden. She might not be the “change” candidate, per se, but she benefits from a perception that she’d be better.

It’s not enough to give her an advantage on those two top-line issues (that Financial Times poll notwithstanding), but it is enough to give her more of a fighting chance — for now.

This post appeared first on washingtonpost.com

previous post
The other big shift in the presidential race
next post
United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader

You may also like

Obama rallies with Walz in Wisconsin: ‘America is...

October 23, 2024

Trump calls for CBS to lose broadcasting rights...

October 11, 2024

Maybe if Trump spent less time selling shoes,...

October 19, 2024

At long last, President Joe Biden passes the...

August 20, 2024

Trump and his allies are not planning to...

October 3, 2024

In their ‘voting era,’ Swifties for Kamala organize...

August 29, 2024

Mark Robinson defiant, diminished on trail as staff,...

September 24, 2024

How Democrats have been more consistently ‘pro-life’ than...

September 26, 2024

Protest march on DNC draws crowds but doesn’t...

August 22, 2024

Springfield bomb threat used ‘hateful’ language toward migrants,...

September 13, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • What falling wage growth says about where the U.S. economy is heading

      April 8, 2026
    • Is America on the cusp of a farm crisis?

      April 7, 2026
    • U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

      April 7, 2026
    • U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

      April 7, 2026
    • Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’

      April 7, 2026
    Promotion Image

    banner ads

    Categories

    • Business (979)
    • Economy (839)
    • Investing (4,085)
    • Politics (747)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 smarttradeinsights.com | All Rights Reserved