2024 Election

Why 'Bidenomics' Isn't Working For Biden

The economy is improving, but Americans aren't giving Biden credit for it.

A FiveThirtyEight Chat

Sep. 12

, 2023, at 4:07 PM

Welcome to FiveThirtyEight’s politics chat.

The transcript below has been lightly edited.

nrakich (Nathaniel Rakich, senior elections analyst): For a long time, the economy has been seen as a big liability for President Biden in his reelection bid.

Inflation soared in 2021 and 2022, culminating at a rate of 9.1 percent last June.

The same month, average gas prices exceeded $5 per gallon.…