Armstrong Economics Blog/Politics Re-Posted Jun 15, 2022 by Martin Armstrong
The Democrats may not back Biden for reelection in 2024. They do not particularly care that he is destroying the country, but his record-low approval rating is bad for the party at large. Over the weekend, Rep. Alexandria Ocasio-Cortez (AOC) all but admitted that the Democrats are not eager to support Biden running for a second term. AOC said the primary goal is to secure the majority at the moment.
“We’ll cross that bridge when we get to it,” AOC told a reporter at CNN, “But I think if the president has a vision, then that’s something we’re all certainly willing to entertain and examine when the time comes.” AOC, who backed Bernie over Biden during the last election, said she believes the president has been doing “a very good job so far.” Yet, she refused to give a definitive answer.
A recent New York Times article revealed that at least 50 party members are vocally frustrated with the current administration. “Midway through the 2022 primary season, many Democratic lawmakers and party officials are venting their frustrations with President Biden’s struggle to advance the bulk of his agenda, doubting his ability to rescue the party from a predicted midterm trouncing and increasingly viewing him as an anchor that should be cut loose in 2024,” the article noted.
The midterm elections will reveal whether the nation is beginning to lean to the right and likely will determine the possibility of the Democrats endorsing Biden in the next presidential election.