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WG Economy: Biden's Inflation Streak Continues

WG Economy | David Winston

April 10, 2024

The Bureau of Labor Statistics March 2024 Consumer Price Index was released
this morning and came in at a higher than expected year-over-year rate of
3.5%. This was the 36th month in a row of a 3% or higher inflation rate
starting the month after the American Rescue Plan was signed into law.
Today's report almost guarantees the Federal Reserve will hold off on
cutting interest rates longer than Wall Street hoped.

Under President Biden, prices have risen 19.4% since he was inaugurated.
Contrasting him with the seven prior presidents at the same point in their
presidencies, only Carter (36.9%) had a larger increase. The same is true
for food where Biden has seen a 21.1% increase in food prices, Surpassed
only by Carter (34.9%).

[2]Read more

WG Discussion Points: Who Is The

Candidate of Change In 2024

WG Discussion Points | David Winston

April 5, 2024

The 2024 presidential race will be a Biden-Trump rematch, but compared to
today's sour political climate, the 2020 election was a very different time
for the country. We were still in the throes of COVID. The economy was
central to the election, but the country was still trying to defeat the
virus as closures continued and a vaccine wasn't yet available. Combined
with the protests during the summer, the stage was set or a more unifying
positive candidate. Biden's positive brand image (52-46 fav-unfav) made it
easier for voters who didn't like Trump (46-52 fav-unfav) to vote for him.
Exit polls showed the economy was the strong suit for Trump, while Biden
won among voters who prioritized the virus. Disruptive change wasn't the
priority it had been in 2016.

[3]Read more

Experts weigh in on liberal 'freak out' over RFK Jr after VP announcement:
'Democrats' worst nightmare'

Democrats across the political scene have ratcheted up their attacks on
Kennedy in recent weeks

Chairman David Avella weighs in

Fox News | Andrew Mark Miller

April 8, 2024

Independent presidential candidate Robert Kennedy Jr.'s recent running mate
announcement sparked an onslaught of attacks and reported internal "freak
out" from the once-friendly Democratic Party against what experts tell Fox
News Digital is the party's "worst nightmare."

[4]Read the full article here

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GOPAC is a force in American politics as it educates and elects Republican
Leaders. We invest in strengthening and securing Republican majorities in
state chambers through contributions to candidates and legislative campaign
committees. GOPAC holds an unmatched record of success in building a roster
of Republicans ready to lead in their state legislatures and run for higher
office.

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2. [link removed] Economy, April 10, 2024.pdf
3. [link removed] Discussion Points, April 5, 2024.pdf
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