government Articles
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The Senate voted overwhelmingly to repeal SAB 121, which requires banks to place crypto assets on their balance sheets. The 60-38 vote suggests a bipartisan pushback against the SEC's approach to digital assets but is also generating discussion and disagreement.
Overall, Americans seem to feel a blend of optimism about technological innovation, concerns about regulatory overreach, and a growing recognition of digital assets' potential impact on the economy and society.
There is a noticeable call to promote pro-crypto representatives regardless of political affiliations. Most voters seem to believe the real battle is between corporations and the people, rather than a simple red versus blue political divide when it comes to crypto.
Americans Are Growing Bullish on Bitcoin
A substantial increase in cryptocurrency ownership shows 40% of American adults now own crypto. And the growing number of crypto holders worry stringent regulations could hinder innovation and drive crypto businesses out of the U.S. They argue legislation should involve more input from industry experts to ensure balanced and effective regulation.
Some people discuss potential risks and benefits of crypto. There are concerns about government control over digital currencies and how it might impact individual freedoms. Cryptocurrency is also highlighted as a hedge against inflation and currency devaluation, a topic that is particularly negative for the Biden administration.
Several high-profile Democratic senators, including Sen. Booker, Sen. Casey, Sen. Tester, and others, broke from the Party’s typical stance. The notoriously anti-crypto Biden/Gensler/Warren alliance seems to be facing a shift among Democratic voters towards a more pro-crypto stance.
Republicans May Become the Party of Crypto
Despite a bipartisan vote in the Senate, there are disagreements about whether crypto is truly a bipartisan issue. Some suggest Democrats fear losing donors more than they embrace cryptocurrency.
No crypto is most certainly is not a “bipartisan issue”.
— Bruce Fenton (@brucefenton) May 17, 2024
Biden is a democrat, Gensler is a democrat, Elizabeth Warren is a democrat. The entire push to harm this industry has come from democrats.
The fact that a tiny handful of dems got afraid of fundraising numbers & voted… https://t.co/XQ9HqkYp9TMost of the politicians who are perceived as enthusiastically pro-crypto are Republican. This pushes many voters to conclude that Democrats, despite their words, are not ardently invested in digital assets.
A tweet from the popular crypto publication Bitcoin Magazine highlights its CEO David Bailey for working with Donald Trump's campaign to shape a Bitcoin and crypto policy agenda. This seems to encourage voices advocating for a president supportive of Bitcoin.
JUST IN: Bitcoin Magazine's CEO David Bailey has been working with Donald Trump's campaign to develop their #Bitcoin and crypto policy agenda.
— Bitcoin Magazine (@BitcoinMagazine) May 11, 2024
It's time for a pro-Bitcoin President 🇺🇸 pic.twitter.com/TQs5S0bf38Former President Trump has recently spoken of himself as the best and only option for voters who prioritize the issue of cryptocurrency. He said, “If you’re for crypto, you better vote for Trump.”
“I’m good with Crypto. If you’re for crypto you better vote for Trump.” pic.twitter.com/3ScdE0TfPR
— Autism Capital 🧩 (@AutismCapital) May 9, 2024Backlash Against Anti-Crypto Politicians
Meanwhile, politicians like Elizabeth Warren and Joe Biden face widespread criticism for their stance on crypto. Many people feel that anti-crypto policies are detrimental to financial inclusion and innovation, along with worsening already poor economic conditions and fiscal policy.
Supporting anti-crypto policies could materially impact Biden's support, especially among younger and independent voters who are more likely to own crypto. There is a sentiment that Biden could lose votes in the presidential election over the issue of crypto, even from voters who might otherwise voter for him.
Americans seem largely negative towards Elizabeth Warren and Joe Biden regarding their anti-crypto policies. Gary Gensler the SEC Chairman also faces criticism for his comments and policies regarding crypto regulation.
There is also a vocal push from Bitcoin supporters who are warming to the idea of a pro-Bitcoin president, criticizing Biden’s promise to veto pro-crypto resolutions.
Accusations of Hypocrisy and Elitism
Another common criticism toward politicians like Elizabeth Warren and Joe Biden is their crypto policies are "anti-freedom." There are accusations of communism, hypocrisy, and suggestions that they want to maintain their positions in a modern plutocracy.
Many voters mention Warren's wealth and accusations of insider trading. They believe she is aligned with major financial institutions like JP Morgan and is intent on shutting down non-governmental blockchain activities.
Those who view crypto as an opportunity to bring financial opportunity to all and inclusion for the unbanked are some of the harshest critics of rich politicians who push for tighter regulations on digital assets.
20
May
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The Biden administration has introduced new guidelines for the implementation and regulation of Artificial Intelligence (AI) in the workplace. These guidelines are presented as ensuring ethical practices, fairness, and transparency in AI technologies.
Many Americans view AI as a powerful tool for driving efficiency, innovation, and economic growth. Proponents argue it can automate mundane and repetitive tasks, freeing employees to focus on more creative and strategic aspects of their jobs. This perspective is particularly prevalent in sectors such as tech, healthcare, and finance, where AI applications are seen to enhance productivity and decision-making processes.
However, many American workers express concern about job displacement due to AI and automation. This anxiety is most acute among workers in industries susceptible to automation, such as manufacturing and retail.
Overall, American perspectives on AI in the workplace seem to contain optimism, fear, skepticism, and pragmatism. While many see AI as a catalyst for innovation and economic growth, there are valid concerns about job displacement, ethical implications, and the complexities of regulation.
Response to Biden Administration Guidelines
Some voters, often progressive or Democrats, view the Biden administration's AI guidelines as a necessary step towards modernizing the workplace while safeguarding workers' rights. Supporters argue these guidelines will:
- Minimize systemic bias in AI-driven hiring processes, ensuring fairer and more DEI compliant outcomes.
- Push companies to safeguard personal information in an increasingly digital world.
- Mandate companies to disclose how AI systems make decisions affecting workers.
- Foster innovation while ensuring ethical standards are maintained.
However, not all Americans are convinced of the efficacy or intentions behind the White House guidelines. Critics raise concerns like:
- The feasibility of enforcing guidelines across diverse industries with varying levels of AI integration.
- Government overreach which could stifle innovation and burden companies with excessive hoops and regulations.
- The possibility that AI systems may perpetuate woke biases, as many believe these biases are coded into AI algorithms.
- Various economic implications which could increase operational costs and slow down technological adoption.
Public understanding of AI technology and its implications is still evolving. Some call for increased education and awareness campaigns to help Americans better grasp the significance of these guidelines. This could potentially shift public opinion as more people become informed about the advantages and challenges associated with AI in the workplace.
Worker Concerns About AI
Economic considerations play a significant role in shaping public opinion. Many Americans worry about the economic impact of AI on job security and wage levels. Among more progressive of Democrat voters, there is an apprehension over AI exacerbating income inequality. They believe high-skill workers benefit from new opportunities while low-skill workers face job losses and wage suppression.
There are also debates about the ethical implications of AI decision-making in areas such as hiring, performance evaluation, and employee surveillance. Some Americans are wary of AI systems making critical decisions which could affect their livelihoods without adequate transparency and accountability. This concern seems to penetrate across political lines.
Many Americans also express concerns about the erosion of human interaction in the workplace due to AI. They fear an increasing reliance on AI-driven tools and processes could diminish the personal touch crucial to customer service, healthcare, and other sectors that rely heavily on human empathy and communication.
AI Bias and Ethics
More conservative critics argue that AI technologies, particularly those developed by major tech companies and academic institutions perceived as liberal leaning, are inherently biased towards "woke" ideologies. These critics claim AI systems prioritize social justice themes such as diversity, equity, and inclusion over accuracy and objectivity. They cite examples like Google’s Gemini, which received significant backlash for its woke intervention in user prompts.
Developers and liberal proponents of AI argue efforts to make AI inclusive and fair are necessary to prevent the perpetuation of historical biases. They maintain coded bias is not about pushing a particular ideology, but about ensuring AI systems serve all segments of society equitably.
The discourse around Biden's AI guidelines often intersects with broader cultural and ideological tensions. The term "woke" is frequently used pejoratively by those who believe the guidelines reflect an overemphasis on social justice issues at the expense of practicality and effectiveness. Many critique societal shifts towards inclusivity and diversity, which they perceive as undermining traditional values and meritocratic principles.
The polarized responses highlight a broader crisis of trust among Americans. There are AI supporters and skeptics across political lines, however concerns emphasize different issues. Liberal supporters of AI worry about equality and worker displacement. Conservative AI proponents worry about surveillance, AI bias, and government control.
19
May
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MIG Reports analysis of public discourse about violent crime reveals several patterns, especially when understood through traditional media. This analysis examines various perspectives on violent crime, with a specific focus on prevalent themes, the influence of political affiliations, and observable demographic patterns.
Blame on Political Leadership and Policies
Many comments express frustration and anger towards political leaders such as Governors Gavin Newsom (California), Kathy Hochul (New York), and Gretchen Whitmer (Michigan). These leaders are often blamed for rising crime rates due to perceived lenient policies and failure to effectively prosecute crimes.
Voters also criticize District Attorneys and Attorneys General for allegedly not prosecuting crimes adequately. Americans often view failure to enforce rule of law as contributing to an increase in violent crime. Some more right leaning voters also cite prosecutions against Trump in places like New York and Georgia as hypocritical as DAs regularly fail to prosecute lower profile crimes.
Perception of Media Bias
There is a common sentiment that mainstream media outlets are ignoring or underreporting violent crimes, particularly when these incidents do not fit certain narratives.
Fox News is frequently mentioned as an outlet that some believe would cover these issues more comprehensively.
Criticism of Criminal Justice Reforms
Some voters hold strong opposition to criminal justice reforms, suggesting these reforms lead to the release of individuals who then commit more crimes.
The perception that violent criminals are not being kept in prison for long enough is also prevalent.
A segment of the discourse emphasizes the role of socioeconomic factors, such as homelessness, poverty, and housing issues, in contributing to violent crime. There are calls for addressing root causes of crime through initiatives like housing first policies and regulating corporate practices.
Some discussions highlight the issue of police brutality and the militarization of law enforcement as factors that exacerbate violence. There are accusations of systemic issues and the need for broader reforms to address police violence and its impact on communities.
Demographic Patterns
Conservative and right leaning voters tend to blame Democratic leaders for rising crime rates and perceive media bias against their viewpoints. This group also points out that rising crime in blue cities and states impacts the rest of the country, causing things like migration to red areas and rising car insurance rates because of increased car theft.
Conversely, individuals with more liberal or left-leaning perspectives focus on systemic issues such as police brutality and socioeconomic inequality as root causes of violent crime.
The discussion is heavily centered around major states like California and New York, which are often seen as representative of broader national trends. Urban areas, particularly cities known for their Democratic leadership, are frequently mentioned as hotspots for violent crime.
There is a noticeable divide in how different socioeconomic groups perceive the causes and solutions to violent crime. Those experiencing economic hardship are more likely to emphasize the need for social reforms and economic support.
Middle and upper-middle-class individuals tend to focus on law and order, advocating for stricter enforcement and longer sentences for criminals.
18
May
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MIG Reports analysis reveals public sentiment towards the police is highly charged and deeply entrenched in broader societal issues such as race, political affiliations, and public safety protocols. Events like Police Week, which started in 1962 under President Kennedy, may calcify individual and group perspectives. Attitudes about Police Week showcase the difficulty of an open dialogue concerning an emotional topic.
What Americans Are Saying
Police Brutality
Concerns about police brutality are a significant aspect of the discourse, particularly concerning the treatment of African Americans and other minorities. High-profile cases like George Floyd's and Tamir Rice's deaths continue to ignite discussions and protests about systemic racism and the need for police reform.
Political Polarization
There is a clear divide in how different political groups perceive police actions. Some conservative voices may emphasize law and order and support police actions during protests, while liberal perspectives often highlight instances of police brutality and call for accountability and reform.
Militarization of Police
Some voters discuss the increasing militarization of the police force as contributing to a more aggressive approach to policing, which some argue could lead to increased instances of brutality and violence against civilians.
Demographic Patterns
African Americans and Minorities
Black Americans and other minorities often express more negative sentiments towards the police, driven by personal experiences and historical injustices. The discussion frequently centers on systemic racism and the call for significant reforms within police departments.
Political Affiliates
Republicans and conservatives tend to show more support for police, viewing them as essential to maintaining law and order. In contrast, Democrats and liberals are more critical, focusing on accountability and the transformation of policing practices.
Youth and Students
There is notable activism among younger demographics, particularly on college campuses, where students advocate for various social justice issues, including police reform. This group tends to be critical of police presence in educational settings, such as recent anti-Israel protests, and aggressive policing tactics.
Impact of Events like Police Week
Positive Sentiment
Events like Police Week can enhance the public’s perception of the police by highlighting their service and sacrifices. These events are opportunities for police departments to engage with the community positively, showcasing aspects of policing that are often overshadowed in daily news cycles.
Polarization
However, such events might not significantly shift the sentiments of those who have entrenched negative views based on personal experiences or ideological beliefs about law enforcement. For some, these events might even seem like a glossing over of the issues that need addressing.
Conclusion
Public sentiment towards police is highly varied and deeply influenced by ideologies. While events like Police Week can foster a positive view of the police among certain segments of the population, they are less likely to change the perceptions of those who view the police through a critical lens due to personal or community experiences with police misconduct. The ongoing discussions suggest a strong desire for substantial police reforms aimed at addressing systemic issues rather than merely improving public relations.
Police Week’s intent, to honor the efforts and sacrifices of men and women in law enforcement, has likely plateaued with its resources. Given increasing and overarching distrust of the federal government writ large, increasing sentiment of police would likely find continued success via two different routes:
- Organic local engagement.
- Modern cultural tools such as movies and TV series, podcasts, and viral social media platforms.
16
May
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Michael Cohen, former personal attorney and fixer for Donald Trump, has been a controversial figure. After pleading guilty to charges including campaign finance violations, tax fraud, and bank fraud, many Americans view him with skepticism. His testimony in cases related to Trump has further cemented his divisive perception.
Once a loyal attorney to Donald Trump, Cohen turned into a significant adversary after pleading guilty to several charges, including campaign finance violations linked to hush money payments. His credibility is one of the top issues voters cite as a reason for disliking him.
While his testimony could provide critical insights into Trump's alleged misconduct, the polarized political climate means reactions are likely to split along partisan lines. Democrats might view his testimony as crucial and validating their concerns about Trump. Republicans might view Cohen as a disgruntled former employee leveraging legal troubles to reduce his own penalties.
- Sentiment toward Trump on his legal challenges has remained steady in the last two weeks both nationally and in swing states. However, sentiment is slightly higher nationally.
- Approval towards Trump on allegations by Cohen and others remains in the high 40% range nationally. In swing states, sentiment on allegations dipped as low as 31% in the last two weeks.
Partisan Views Hold Strong
Trump Supporters
Among staunch Trump supporters, Cohen is seen as a betrayer, someone who turned against Trump to save himself. This group dismisses his testimony as self-serving and unreliable. They focus more on perceived injustices against Trump and the idea of a judicial system is being weaponized against him.
Conservatives and Trump supporters largely view Cohen as unreliable and motivated by personal grievances or a desire for revenge. They are likely to view his testimony as another episode in a politically motivated attack orchestrated by Democrats and the media.
Democrats and Anti-Trumpers
Voters critical of Trump are more likely to view Cohen's testimony as a confirmation of suspected illegal activities and unethical behavior. They consider Cohen's insights legitimate, especially if they align with other evidence. Even if they don’t find Cohen personally credible, they’re more willing to believe allegations against Trump.
This group tends to consider Cohen's insider knowledge and detailed accounts of the alleged hush money arrangements as crucial evidence of wrongdoing by Trump. They view Cohen more favorably, seeing his testimony as a form of accountability.
Independents and the Apolitical
Moderate reactions can be pivotal. Their view on Cohen's testimony might hinge on the overall narrative presented during the trial, the corroborative evidence, and how both parties frame the testimony. The impact on this demographic is less predictable and could sway based on the trial's proceedings and media portrayal.
Overall, Cohen's testimony may impact public opinion significantly, even as it remains polarized. For many, it reinforces existing beliefs about Trump's unsuitability for office. Others underscore beliefs about a biased legal system targeting conservative figures. The ultimate influence on electoral politics will depend on developments in the legal case and how both parties leverage this issue in their narratives.
Skepticism Toward Michael Cohen
Among those who view Cohen with suspicion and distrust, there are several arguments against his credibility.
Criminal Convictions
Cohen’s guilty plea on multiple charges, including lying to Congress, directly impacts his public image. His admitted dishonesty in legal matters leads many to question the truthfulness of his statements against Trump and others.
Motivations for Testifying
Skeptics argue Cohen turning against Trump was motivated by personal vendettas or a strategic move to reduce his sentence rather than a genuine attempt to expose wrongdoing.
Inconsistencies in Statements
Changes in Cohen’s statements before and after his legal troubles have led to doubts about his consistency and honesty. Critics point to these shifts as evidence his testimony is tailored to protect himself or inflict damage on Trump.
Media and Public Persona
Cohen's frequent media appearances and publication of a book about his experiences with Trump are seen by some as attempts to profit from the scandal. This commercialization of his insider knowledge casts doubts on his intentions.
15
May
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The Department of Labor’s May Jobless Claims report revealed the highest level of jobless claims since August 2023. This news has triggered a broad spectrum of reactions and discussions across different demographic groups and political affiliations. MIG Reports analysis of the conversations highlight varying levels of confidence in political leadership. There is a pronounced contrast between supporter for President Joe Biden and former President Donald Trump.
Demographic Patterns
Younger demographics, especially those active on platforms like X (Twitter), tend to respond with a mix of concern and criticism toward Biden’s economic policies. Older demographics and those in traditional industries or unionized sectors also express significant concern over job security and the impacts of regulatory changes. Across multiple demographics, there is a direct interest in the government policies affecting job stability.
Discussion Trends and Patterns
Critics of the Biden administration argue that policy failures and mismanagement are to blame for the rise in jobless claims. For example, a conversation involving Senator Joe Manchin and Acting Secretary Julie Su about the NLRB’s joint employer rule illustrates concerns that current labor policies might be contributing to job losses.
Senator Manchin's questioning of Secretary Su, and her inability to provide data on job losses, has fueled further criticism and speculation about the administration's transparency and competency in handling labor issues.
On the other hand, Biden supporters argue external factors such as global economic slowdowns or ongoing adjustments from COVID are to blame. They downplay policy missteps and initiatives as a cause. However, these voices are less prominent in the conversation, suggesting either a quieter support base or a shift in public confidence. Many voters indicate a deep mistrust in the current administration, linking job losses to broader accusations of deception and mismanagement.
Confidence in Biden vs. Trump
Confidence levels in President Biden appear to be waning among many voter groups, especially in conjunction with the jobless claims report. Online discussions suggest a longing for the economic policies under former President Trump. Many seem to view the Trump era as more favorable to job creation and economic stability.
The comparison between Biden and Trump in handling the economy is a recurring theme. Many Americans are expressing nostalgia for the "pre-Biden" economic conditions.
13
May
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Former President Donald Trump’s Mar-a-Lago classified documents case was indefinitely delayed on May 7. MIG Reports analysis of voter reactions shows a primarily positive response for Trump. This decision will likely evoke partisan sentiments among the public and influence their confidence in both the legal system and Trump himself.
What’s Increasing Sentiment Toward Trump
Trump's supporters likely view the delay as a vindication or sign the case against him is weak or politically motivated. Such a perception could solidify their support and even increase their mobilization and vocal defense of Trump.
Some supporters may interpret the entire case, along with others, as evidence of a "deep state" or corrupt legal system trying to undermine Trump, which can paradoxically increase their trust in him as an outsider fighting against a biased establishment. Any good news for Trump seems to make this group feel justified in their views.
For those less politically aligned with Trump, the delay might sow confusion and lead to a lack of confidence in the judicial process. This group might grow more sympathetic towards Trump, seeing him possibly as a target of unfair treatment.
Decreasing Sentiment Among Trump’s Critics
Those who oppose Trump might view the delay as a failure of the legal system to hold powerful figures accountable, leading to increased frustration and decreased faith in the judicial process to effectively manage and resolve such high-profile cases.
A delay can deflate the hopes of those seeking closure or a definitive ruling against Trump, potentially demoralizing this bloc and reducing their engagement with the case.
Neutral or Mixed Reactions
Some experts and legal commentators offer more measured takes, suggesting the indefinite delay is part of complex legal strategies or standard procedural developments. They argue it might not sway public opinion drastically in either direction but could influence the more informed sections of the electorate.
Detailed analysis and discussions about the potential legal reasons behind the delay (e.g., gathering more evidence, procedural issues) might keep public interest alive but with a focus shifted more toward the legal intricacies rather than direct sentiment towards Trump.
Broader Implications
The delay might become a talking point in broader political discourse, influencing upcoming elections, with parties using it to galvanize their bases or criticize the opposition.
Extensive media coverage, depending on its slant, can significantly sway public sentiment by framing the delay as either justified or as a miscarriage of justice. The delay may also lead to waning public attention as other news stories or events take precedence, potentially diminishing the immediate impact of the case against Trump over time.
11
May
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Recently, Representative Maxine Waters caused controversy during an interview where she stated:
“I want to know about all of those right-wing organizations that [Trump] is connected with who are training up in the hills somewhere and targeting what communities they are going to attack. We need to know now, given that he is telling us there is going to be violence if he loses.”
MIG Reports analysis of reactions to Waters' comments show a visceral emotional response across social media platforms. Based on the conversations, it is clear her comments have incited a mixture of outrage, mockery, and disbelief among critics. Those who identify as Trump supporters or are especially critical of Waters and the Democratic Party.
Accusations of Hypocrisy and Deflection
Many voters suggest Waters' remarks are hypocritical or a deflection from other issues. Critics argue the Democratic Party, including figures like Joe Biden, is also guilty of incendiary or irresponsible behavior. For instance, some point to Democrats' actions during the Derek Chauvin trial or the handling of campaign donations from controversial figures as examples of hypocrisy.
Dismissal of the Claim as Absurd
A significant number of responses ridicule Waters' statement as absurd or detached from reality. Americans argue the idea of Trump supporters organizing violent uprisings is a baseless conspiracy theory. They contrast this image with their perceived reality of ordinary Americans who are busy with daily responsibilities like work and family care.
Allegations of Fearmongering and Division
Some users accuse Waters of fearmongering, suggesting her comments are intended to stoke fear and division among the electorate. This perspective asserts that by portraying Trump supporters as a looming violent threat, Waters exacerbates political polarization and distracts from substantive policy discussions.
Frustration with Congressional Conduct
There is also a broader critique of the behavior of members of Congress, with Waters cited as an example of what some see as a decline in the quality and decorum of congressional leadership. Voters express frustration with what is perceived as careless or irresponsible rhetoric from elected officials, which they argue undermines the integrity of political discourse.
Defensive Responses
In defense of Trump supporters, some emphasize their normalcy and reject the characterization that they're extremists. This defense often includes portraying Trump supporters as hard-working, family-oriented citizens, implicitly countering the notion that they would participate in anti-government activities.
- In the last two days, discussion about Rep. Waters has significantly increased, reaching 250 mentions where she typically receives less than 10.
- Sentiment towards Rep. Waters also dropped, dipping to 45% from her typical 50%.
08
May
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MIG Reports analysis of the U.S. Bureau of Labor Statistics’ “Employment Situation Summary,” known as the jobs report, reveals American sentiment is predominantly negative. Many stakeholders and observers are describing the job numbers as "horrible," "not strong," and indicative of a struggling economy. This is no surprise after skepticism around previous jobs reports this year.
Notably, there are concerns about the authenticity and impact of the reported job numbers. While there are some optimistic takes regarding potential interest rate cuts by the Federal Reserve, which could boost the stock market, the overall sentiment leans toward concern and dissatisfaction with the current state of job creation.
What Americans Are Saying
- Credibility of Job Numbers: There is a notable discussion about the authenticity and reliability of the job numbers released. Some question the methods and political influences behind these report figures.
- Political Impact: The reactions are heavily polarized along political lines, with figures like Donald Trump and Nancy Pelosi’s comments on MSBNC featuring in discussions about job loss records and economic performance.
- Economic Policies: Legislation like the CHIPS Act and Inflation Reduction Act are mentioned in the context of their supposed impact on job creation, with differing views on their effectiveness.
- Interest Rates and Stock Market: There's a recurring theme about how bad job numbers might lead to lower interest rates, which could paradoxically benefit the stock market.
Public Confidence in the Numbers
The belief in the accuracy of the job numbers is mixed. Some commentators and political figures express stark criticism and disbelief regarding the reported job statistics, attributing them to political maneuvering. Meanwhile, others accept them at face value but interpret them as signs of poor economic management.
Online discussions indicate a significant trust gap between the public and the institutions reporting these numbers, with political affiliation appearing to influence perceptions significantly. This could lead to continued uncertainty and polarized opinions about the state of the economy as summer 2024 approaches.
This distrust is evident in a recent tweet from Joe Biden which drew heavy criticism in replies and quote tweets, a social media phenomenon known as getting “ratioed.” The President’s post had significantly fewer likes than comments, indicating a ratio and negative reception.
Wages are rising faster than prices, incomes are higher than before the pandemic, and unemployment has remained below 4% for the longest stretch in 50 years.
— Joe Biden (@JoeBiden) May 5, 2024
We have more to do to lower costs for hardworking families, but we’re making real progress.Forecast for Summer 2024
Given the prevailing negative sentiment and skepticism about the job numbers, the public mood going into the summer of 2024 could be cautious, if not pessimistic, unless there are significant and tangible improvements in job creation and economic indicators.
Voters will likely remain skeptical about Bidne’s economic policies and their effectiveness in addressing unemployment and job quality. As jobs and the economy continue to be a very high priority issues for Americans, sentiment on this front could tangibly impact voter decisions in the fall.
07
May