Steve Forbes Predicts Joe Biden Won’t Be Dem Nominee
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Joe Biden just got bad news.
Steve Forbes, the editor-in-chief of Forbes, said that he believes Joe Biden will not be the Democrat nominee.
Forbes cited the economy as the reasoning and said, “they cannot have him running in November of 2024.”
While inflation has come down slightly since record highs last year, nearly half of American voters feel President Biden’s policies are hurting them and 83% of voters feel the economy is “only fair/poor.” On “America’s Newsroom” on Friday, Forbes Media chairman Steve Forbes argued that the state of the economy will cost President Biden the 2024 Democratic nomination.
STEVE FORBES: I think what’s happening with the economy, even though it’s not officially in a recession, it’s sort of the economic equivalent of walking pneumonia. Not enough to put you in bed yet, but just dragging you down, draining the energy. I think there is economy fatigue, one thing after another. So, inflation has come down a little bit. Prices are still going up. Wages aren’t going up fast enough. There’s a feeling the country is adrift. These whole negotiations on the debt ceiling, my goodness! They can’t control spending even though it’s $2 trillion higher than it was a couple of years ago. People just throw up their hands and say these people are out of control.
[…]
And I think that’s why next year Joe Biden will not be the Democratic Party nominee … Because the economy — yeah, they can sweep the Hunter stuff away — but that has a stench out there. So you have a poor economy, you have a president people feel is not up to the job anymore, certainly not for the next four years. So I don’t know what the scenario is going to be, but they cannot have him running in November of 2024.
The economy is still in a terrible spot.
Inflation rose unexpectedly in April.
Inflation bounced higher in April up 4.7% from a year ago.
The inflation rate under Joe Biden and Democrats continues to hold at a rate more than twice what it was just three years ago under President Donald Trump.
Via CNN – The Fed’s go-to gauge was up 4.7% for the year. In March, the core PCE gauge grew by 4.6%.
The Biden administration has been a disaster.
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