The Tide Has Turned; the revenge tour fails to gain traction on the economic soft landing

There are leading indicators, and ther are lagging / confirming indicators.

For this 2024 POTUS race, effectively, Fox News has become the latter.


the turning point on 25 Jan 2024,

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when Fox Business Channel personality, Larry Ludlow, a former official in the Trump White House and consistent dispenser of grim economic predictions during President Biden’s term,
went on Fox’s “America Reports” telecast and acknowledged that the Biden economy was, you know, good.

That day, government figures had been released showing a 3.3% annual increase in the gross domestic product for the fourth quarter of 2023, on top of a 4.9% growth rate for the third quarter.

Candidly, Kudlow stated, “It was a good quarter, don’t get me wrong, and the last quarter was
a good quarter, 4.9.” Biden, he said, “gets his due. If I were he, I’d be out slinging that hash too,
no problem.” Asked by the host if this meant that the economy was not as bad as
he had been saying, he answered, “I would say, probably, I would agree.”​

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if the bad-economy camp has lost even Larry Kudlow, they’re on the wrong side of the argument.

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Sentiment may now finally be shifting. In January, the University of Michigan saw the largest two-month jump in its consumer sentiment index since the end of the Gulf War in 1991.
News coverage, which throughout 2023 relentlessly forecast a recession, now touts the prospect of a “soft landing” — that is, a successful battle against inflation without an increase
in the unemployment rate or a general economic slowdown.​

on 20 June 2024, according to a new Fox News national survey.

“President Biden is the frontrunner in a hypothetical matchup against former President Trump
for the first time since October, as positive views of the economy inch up — hitting their highest level
thus far in the Biden presidency,”

“Since May, there was a 3-point change in the presidential race. Trump was ahead by 1 point last month,
while Biden is up by 2 points today: 50% to 48%.“​

 

not surprisingly,

the trust-fund baby Slams Fox News Poll Showing
Him Losing to Biden​

 

According to GOP strategist, Karl Rove, who has won 2 POTUS elections for the GOP,

Trump has been declining in polls since hush money conviction,
in particular, among the Independents