“President Biden is preparing to run for re-election with a relentless, aggressive focus on the economy — convinced the data cuts in his favor, even as vast swathes of the public remain skeptical that conditions have improved,” Axios reports.
“If GDP holds steady and the record unemployment stays low, Biden plans to ride a healthy economy to a second term.”
“But if the economy enters a deep recession before November 2024, the president will have spent precious political capital demanding credit when voters might be more inclined to hand out blame.”
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