Survey Reveals Only 23% of Independents Believe US Economy is on the Right Track

In the run-up to the upcoming elections, millions of dollars are being spent to sway voters towards either Kamala Harris or Donald Trump. However, it's likely that two factors will be most influential in determining the outcome: the state of the economy and who voters trust to manage it effectively.

The Importance of Independent Voters

Independent voters, who make up the largest voting bloc in the US, will play a crucial role in this election. Roughly 30% of the population identifies as Democrats, another 30% as Republicans, and the rest consider themselves independents. A recent survey found that only 23% of independent voters believe that the US economy is on the right track. This is a concerning statistic for Kamala Harris, who needs to convince swing state voters that the Biden administration's policies are steering the economy in the right direction.

The Current Economic Climate

The economic conditions across the country are challenging, and this is evident to everyone. Inflation is impacting small businesses, and the rising costs of supplies, utilities, and gas are making it difficult for them to keep up. The cost of living has increased more rapidly than wages, leading to 37% of Americans struggling to pay for basic expenses. As a result, many households are relying on credit cards to stay afloat. Meanwhile, the personal savings rate has dropped to its lowest level since the 2008 financial crisis.

Signs of Economic Slowdown

There are also signs that the overall economy is slowing down. An Illinois-based trucking company recently ceased operations, leaving over 650 employees, including more than 480 drivers, out of work. Major banks are continuing to close branches, and the bankruptcy filing of nationwide retailer Big Lots raises questions about the future of its 1,400 stores.

Impact on the Election

Each piece of negative economic news brings Kamala Harris closer to defeat and Donald Trump closer to victory. The state of the economy has always played a significant role in determining the outcome of presidential elections, and this year will be no different. However, regardless of the election's outcome, widespread chaos is expected due to the high level of political animosity in the country.

Bottom Line

The state of the economy is a crucial factor in determining the outcome of the upcoming election. With only 23% of independent voters believing that the US economy is on the right track, it's clear that there's a lot of work to be done. What are your thoughts on this matter? Share this article with your friends and discuss. Don't forget to sign up for the Daily Briefing, delivered every day at 6pm.