FT News Briefing Swamp Notes LIVE: A look back at the economy and the election
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Oct 26, 2024 
In this insightful discussion, Peter Spiegel, U.S. Managing Editor of the Financial Times, joins Erik Gordon and Francine Lafontaine, both professors at the University of Michigan, to dive into the political and economic landscape ahead of the 2024 election. They explore how public perceptions of the economy sway voter behavior, particularly among younger demographics. The trio critiques the Biden campaign's economic messaging and discusses the rising trend of populism. Insights on tariffs, inflation, and their effects on voter sentiment add depth to this engaging conversation.
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Persistent Economic Concerns
- Trump held a consistent lead in economic trust, despite positive macroeconomic indicators under the current administration.
- Inflation, particularly for essential goods, remains a key concern for voters, hindering Harris and Biden.
Trump's Immovable Base
- Trump's consistent poll numbers suggest a dedicated base unmoved by economic shifts.
- Voters focus on recent economic experiences, associating price increases with current policies rather than Trump's past actions.
Personality over Policy
- Trump's strong, known personality contributes to his steady support, transcending specific policy debates.
- Conversely, Biden's low approval ratings led to Harris's candidacy, whose initial numbers were higher despite limited public knowledge of her policies.