04.28.2023 0

GDP slows DOWN, Kennedy UP as Biden SINKS! Could Biden LOSE?

As U.S. economy slows down, so do Biden’s reelection hopes as Kennedy rises to 19 percent in Democratic primary poll against incumbent president

The U.S. Gross Domestic Product (GDP) grew at a less than expected 1.1 percent annualized in the first quarter of 2023, according to the latest data from the Bureau of Economic Analysis. The news comes as upstart rival in the Democratic primary, Robert Kennedy, Jr., keeps rising in the few polls willing to pit him against the incumbent president, garnering 19 percent to Biden’s 62 percent in the latest Fox News poll taken April 21 to April 24. Marianne Williamson showed in third place at 5 percent. That’s a 5-point improvement from a USA Today/Suffolk University poll taken April 15 to April 18, where Kennedy had 14 percent. Whereas, Biden lost five points, when just a week earlier he had 67 percent, while Williamson remained at 5 percent. Both of which are better than Kennedy’s first showing of 10 percent in a Morning Consult poll on April 7 through April 9. There Biden had 70 percent and Williamson at 4 percent. The fact is, incumbent presidents are really, really hard to defeat in their reelection bids, with about a 70 percent historic reelection rate. Only 11 presidents have ever been defeated in a general election, but the two predictors out there that portend badly for an incumbent president are recessions and competitive primaries, and with the GDP slowing down and Robert Kennedy, Jr. rising, looks like Biden might have both.

Copyright © 2008-2023 Americans for Limited Government