The Dow Jones Industrial Average returned 12.26 per cent annually on average under President Trump’s four years in office, as opposed to the 9 per cent average annual growth under President Biden, as per the closing of the last quarter. Meanwhile, the Russell 2000 Index, comprising 1.950 smaller-cap companies, still has not returned to its all-time high recorded in November 2021.
In an unprecedented twist of events, we now have the incumbent party running a non-incumbent candidate, while the non-incumbent party is running a former incumbent candidate. The incumbent advantage is a well-documented phenomenon in American politics, a lot of which is due to simple name recognition. This aspect now heavily favours Former President Trump.
According to CNN’s own poll, more than two-thirds, 67 per cent of the viewers thought that President Trump had won the debate. President Biden’s odds for re-election plummeted after the event, with bookmakers giving him only about a 22.5 per cent chance for re-election on average. Meanwhile, some in the left-leaning media call on Biden not to stand for re-election.
President Trump is leading President Biden by double digits in Nevada, a state President Biden won by 2.4 points in 2020. The Republican challenger was also shown to have the advantage in Arizona, Georgia, Wisconsin, and Pennsylvania as well; with the only exception being Michigan, where President Biden leads by a single point.
President Joe Biden issued a declaration marking 31 March as ‘Transgender Day of Visibility’. While that day has always been held by some odd people on that date, this year it coincided with Easter Sunday, causing outrage among many Christians in the United States.
The Hungarian Ministry of Foreign Affairs and Trade summoned Ambassador David Pressman on Tuesday in response to US President Joe Biden’s statement, in which he had implicitly referred to Viktor Orbán as a dictator.
President Biden has to fight off multiple challengers from left-wing third-party and independent candidates, and attempt to turn around a very low approval rating of his economic policies. In light of the most recent polls, even some in his own party are questioning whether he should run for re-election next year.
The former POTUS is also up by 1.1 points in the RealClearPolitics polling aggregate, which tends to underestimate his performance in presidential elections.
Joe Biden has still not raised awareness to Christian persecution. As Biden remains silent on this issue more and more American Christians urge the president to speak up and help Christians in need.
Based on his primary model, political scientist Helmut Norpoth gives incumbent Joe Biden of the Democratic Party a 75 per cent chance for re-election. However, the same model was widely inaccurate in 2020, giving Donald Trump a 91 per cent chance of becoming president again. Its 2024 forecast again goes against aggregate polling data and consensus in the news and betting industry.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.