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United States: Joe Biden predicts a turn in favor of the Democrats for the midterm elections

The US president especially highlighted “good news in the economy” such as falling gasoline prices, a low unemployment rate and “the largest reduction ever recorded in the federal deficit.”

US President Joe Biden on Friday predicted a turnaround at the end of the campaign in favor of the Democrats in the upcoming midterm elections on November 8, thanks to an improving economic situation, according to him.

“There’s been a lot of back and forth, with them (Republicans) in the lead, us in the lead, them in the lead, okay, it’s coming,” the Democratic president told reporters at the White House, within three subsequent weeks. on voting day.

“The polls have varied a lot. I think we will see another turn in our favor in the last few days,” he added, while the most recent polls gave the Republicans more of an advantage.

“Good news in the economy”

The midterm elections will be crucial because they could tip the narrow majority of Democrats toward the Republican side in Congress.

But according to Joe Biden, voters are beginning to see “good news in the economy”, considered its weak point with very high inflation.

Joe Biden listed the gradual decline in gasoline prices, which had risen sharply, a low unemployment rate in most of the country, as well as the announcement on Friday of “the largest reduction in the federal deficit.” The federal deficit stood at $1.375 billion for the 2022 fiscal year that ended in September, down $1.4 trillion from last year.

He also assured that the Republicans intend to eliminate the minimum tax rate for large companies and “double” the tax cuts for the richest.

An economic program that he described as a “mega-maga of the second round” in favor of the richest, in reference to the slogan of former president and Republican billionaire Donald Trump (“Make America great again”).

“The kind of policy that has failed in the past and will fail again,” he added.

Author: RF with AFP
Source: BFM TV

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