July 30, 2022

The White House announced plans for Biden to be re-elected in 2024

By Azlyrics

Against the backdrop of the highest inflation rates over the past 40 years and high prices in the United States, Joe Biden's government is being criticized and his ratings are declining. Nevertheless, he plans to run for president in 2024< source srcset="https://s0.rbk.ru/v6_top_pics/resized/800xH/media/img/2/26/756591245319262.webp 800w" type="image/webp" media="(max-width: 400px) and (min-resolution: 192dpi)" >< source srcset="https://s0.rbk.ru/v6_top_pics/resized/590xH/media/img/2/26/756591245319262.webp 590w" type="image/webp" >

Joe Biden

Despite falling ratings amid falling GDP, high US prices and rising inflation, US President Joe Biden still plans to be re-elected in 2024, White House press secretary Karine Jean-Pierre said at a press conference. conferences. The broadcast was conducted on the White House YouTube channel.

“The President intends to participate in the elections in 2024”, — she said, noting that the elections are still far away and she would refrain from further comments. The journalist who asked the question indicated that, according to some polls, only 26% of Democrats would like to see Biden again as president.

In mid-July, the US Department of Labor reported that consumer prices in the country rose by 9.1% year on year, exceeding the estimates of experts who had expected consumer inflation to be 8.8%. At the same time, core inflation (growth in prices for goods and services, excluding food and energy) amounted to 5.9%, which was the highest value since 1981.

Prices in the United States began to rise during the coronavirus pandemic, and now they are also influenced by geopolitical factors: the situation with gasoline prices, in particular, worsened after the embargo on Russian oil and gas was introduced in early March. The US recognizes the economic downturn, but argues that the situation will not reach a recession,— so said including Biden himself. On July 28, the US Department of Commerce announced that, according to preliminary data, the country's GDP fell for two consecutive quarters. Sal Guatieri, senior economist at BMO Capital Markets, told Bloomberg that the US economy is “very vulnerable to a recession” today. But Janet Yellen, the head of the Fed, insists that the US economy is in transition, not recession.

Against this background, the ratings of Biden and his administration are declining. For example, according to a CNN poll, 75% of respondents who support Democrats said they would like to nominate someone else from the Democratic Party in 2024. At the same time, the number of those who do not want to see Biden in the presidency has doubled,— 32% against 16% earlier this year, the channel notes.

Biden took office as the 46th President of the United States in January last year, winning the election at the end of 2020. He canceled a number of decrees of his predecessor Donald Trump, including those related to the country's migration policy. Biden also stepped up the fight against coronavirus.

Read on RBC Pro Pro How the “red and blue leg” model will help maintain relations What Investors Should Do Pro Articles Live to 120: Why PayPal Co-Founder Takes Growth Hormone Street — 4 points “person-card__title”>Joseph Biden

Politician, President of the United States

November 20, 1942

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