Reported 5 months ago
The article discusses how voters tend to have short memories when it comes to the economy, but inflation may be an exception to this trend. Academic research suggests that voters often evaluate their economic well-being based on the past six months rather than just the past four years. However, research also indicates that voters tend to have longer memories when it comes to inflation. Despite positive economic indicators like stock market returns and economic growth potentially benefiting President Biden, voter sentiment remains gloomy, with many mistakenly believing the US is in a recession. Economic models project a slight advantage for Biden in the upcoming election, but recent polling shows a persistent lead for Trump in swing states, highlighting uncertainties in predicting the election outcome.
Source: YAHOO