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Date: 2024-05-15 Page is: DBtxt001.php txt00023106
US POLITICS
ELECTION 2022 AND ELECTION 2024

Biden’s approval ratings keep ticking up. Getting stuff done turns out to be popular


MADRID, SPAIN - JUNE 30: US President Joe Biden smiles while taking a question from the media during his press conference at the NATO Summit on June 30, 2022 in Madrid, Spain. During the summit in Madrid, on June 30 NATO leaders will make the historic decision whether to increase the number of high-readiness troops above 300,000 to face the Russian threat. (Photo by Denis Doyle/Getty Images)

Original article: https://www.dailykos.com/stories/2022/9/6/2121075/-Student-loan-forgiveness-is-very-popular-with-the-people-boosting-Biden-Democrats-approval
Peter Burgess COMMENTARY
I do not consider myself an expert on US politics, but I have some grasp of the subject and I have been an uninvolved observer since Eisenhower was the President.

My take on the Biden Presidency is that it has been one of the most consequential in a very long time. Given the political reality that President Biden does not have much room for maneuver with a 50:50 Senate split and not much better in the House, he has managed to pass a significant amount of consequential legislation.

President Biden has also had to handle all sorts of GOP misinformation, not only from the former President himself, but also from his acolytes in Congress, in the media and in the general public. The former President learned something from his TV show, but it did not help any in doing the real job of the President of the USA. Biden has done a very good job of getting national policy back on track even though there has been no help from GOP politicians in Washington and the right wing media.

I had a responsible corporate job during the inflation of the early 1970s ... I was VP Finance and VP Manufacturing for an industrial company in Georgia at the time when President Nixon was faced with inflation. Nixon had three goes at imposing price controls and all of them failed. Expecting Biden to be able to control inflation ... even the rather modest inflation of 2022 compared to the inflation of the 1970s ... is a non-starter. Prices are determined in the first instance by company decision makers who are responding to (1) supply and demand; and (2) their underlying cost structure.

Very few younger economists and economic reporters have very much knowledge or understanding of the business dynamic that decision makers were faced with in the 1970s. Many US businesses were faced with operating costs that exceeded revenues, brought about almost exclusively by the OPEC driven increase in energy costs. This created 'cost push' inflation that is very difficult to stop using conventional Fed tools. This inflation eventually ended when the business decision makers outsourced much of their supplies from US companies to lower cost suppliers around the globe and mainly in Asia. This was good for macro-economic performance and consumer facing businesses but not for American manufacturing nor American workers.

The Reagan administration was good for business and stock markets, but not for American workers and this has endured until the present time ... more than 40 years.

The inflation that the US is facing in 2022 is very different from the 1970s. The inflation is much more 'demand pull' than 'cost push' ... and to the extent that a business is faced with 'cost push' it is because its supply chain has huge 'embedded profit' within it costs. Just check out the profit increases of many companies providing essential services within the supply chain and you will understand what I am saying. More on this elsewhere !!!!

I have been a critic of the progress and performance of the US economy for a very long time. I have referred to this era as being driven by the 'financialization' of the economy, where corporate profit performance and the stock market are the drivers of everything. While getting a decent return on investment should be a goal within the socio-enviro-economic system, it should be balanced by a decent level of progress for people (society) and for nature (the environment).

Very few students attending business schools are getting an education that is well balanced with regard to what is needed for a decent sustainable world ... and socio-economic and political reporting follows along.

I have been observing decision making in the Biden Administration quite closely and I am impressed. He has to face a GOP opposition that cannot in any way be described as a 'loyal' opposition. I see them more as a political party specializing in misinformation and dirty tricks. In spite of this, President Biden and his team have accomplished a lot.

I have not done it yet ... but a simple list and summary notes of what the Biden Administration has achieved is on my agenda. The fact that I do not already have this is both my fault and the fault of the Democratic Party who are incompetent when it comes to meaningful effective messaging.
Peter Burgess
Biden’s approval ratings keep ticking up. Getting stuff done turns out to be popular

Written by Joan McCarter ... Daily Kos Staff

Tuesday September 06, 2022 · 10:24 AM EDT

Things are going well for him.

The recent run of getting stuff done is working for Democrats with the American public, if you can believe public polling. That means unticking approvals for President Joe Biden and the Democratic Party. The latest message polling from Navigator Research shows that majorities believe Biden’s accomplishments will “result in positive outcomes for the country.” That includes passing the PACT Act to provide benefits for veterans harmed by burn pits, job growth, infrastructure investment, declining gas prices—it’s all combining to hold his approval rating steady as the midterm elections loom.

The big surprise from this survey, though, is how popular his student debt plan is with pretty much everyone. That includes 86% approval from people with student debt, but also 56% of people who’ve paid off their loans, and 52% who never had student loan debt. That gives it an overall 60% approval.



Biden’s approval is holding at 42% in the Navigator survey, but he gets 50% approval for handling the COVID-19 pandemic. It’s the stuff that he and Democrats have accomplished, though, that’s popular when messaged correctly. “After messaging about Biden and Democrats’ accomplishments, the share of independents who say the Democratic Party is focused on the right things increases by net 28 points (from -35 to -7) and the share of Black Americans increases by net 23 points (from +53 to +76),” Navigator finds.

The Inflation Reduction Act is popular, too, with 67% support, including 64% support from Independents who are particularly supportive of the drug price caps and health care costs in the legislation. That’s the part that is most persuasive to voters, and that has given Democrats the edge on handling health care and lowering health care costs.

It’s also not just Navigator. Civiqs has been tracking a steep uptick in Biden’s approval rating since an all-time low in early July. Since July 8, he’s gained 9 points in approval with registered voters.

Donald Trump and his MAGA allies came close to overthrowing our democracy on January 6, and they will try again if they win in 2022. The best thing you can do is to help get out the Democratic vote for the midterms, and we need everyone to do what they can. Click here to find all the volunteer opportunities available.



The approval bump has been helped significantly by a 10-point increase in his approval from independents.



That’s all very good stuff for Democrats, the best you could hope for in the post-Labor Day push to the election. It also doesn’t hurt that Republicans own the hugely unpopular abortion bans sweeping red America after the U.S. Supreme Court ended federal protections. In fact, in the Navigator survey, “abortion” and “Trump” dominate, and 59% associate them negatively with congressional Republicans.



The text being discussed is available at
https://www.dailykos.com/stories/2022/9/6/2121075/-Student-loan-forgiveness-is-very-popular-with-the-people-boosting-Biden-Democrats-approval
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