The President attempts to highlight his successes as most voters are struggling with rising living costs and his approval rating is stuck around 40 per cent
U.S. President Joe Biden faces an uphill battle convincing voters to give him a second run in the White House in 2024 as polls suggest that even about a third of Democratic voters are concerned about his age.
That’s according to a survey by the New York Times and Siena College of 849 nationwide voters conducted in early July.
Currently 80 years old, Biden is already the oldest U.S. president in history and would be 86 by the time his second term ended.
On top of this, he faces strong economic headwinds of high inflation and elevated interest rates.
Voters already have the mindset the country is in a recession despite relatively strong employment figures, said Bruce Wolpe of the U.S. Studies Centre.
“There are also key constituencies [for Biden] that just don’t have the same enthusiasm that they had in 2020, including young voters and Black voters, in terms of what Biden has been able to deliver for them,” he said.
“The age issue is also very important; over half the country feels he’s too old to run for re-election,” he added.
A video of Biden went viral recently when, in a moment of apparent confusion, he closed a speech in Connecticut on gun control by saying “God save the Queen”.
How to make your money work for you over the next decade
With high interest rates, persistent inflation, and a tight labor market—the next decade is expected to be very different from the last 10 years.
Companies and households around the world are still trying to get back to pre-pandemic economic outputs and lifestyles.
So, how can people successfully invest and better manage their personal finances?
James Faris, an Investing Reporter with Insider joins Veronica Dudo to discuss. #InAmericaToday #featured #money #finance #economy #investing
Parents buying houses for their adult children
Rise in parents purchasing homes for adult children sparks concerns
A growing trend of parents buying houses for their adult children is causing a stir, raising questions about the potential downsides of such arrangements. While the gesture may seem benevolent, experts warn of the pitfalls associated with this practice.
Financial advisors express concerns about the impact on both generations’ financial independence. By providing ready-made homes, parents might inadvertently hinder their children’s ability to learn crucial financial lessons, such as budgeting, mortgage management, and property ownership responsibilities.
The trend also sparks debates on the long-term implications for the housing market. Critics argue that such parental interventions can distort property prices and exacerbate existing affordability challenges, particularly for younger individuals aspiring to enter the property market independently.
There’s a call for a broader societal discussion on the balance between parental support and fostering financial autonomy. While the intention is often rooted in care, the unintended consequences of sheltering adult children from financial realities are prompting a reassessment of this well-meaning practice.
Victoria’s Secret criticized for trans woman’s apology
Victoria’s Secret is facing backlash after issuing an apology to a transgender woman who had a negative experience while trying on bras at one of their stores.
The incident has ignited a debate about inclusivity and sensitivity in the fashion industry.
The controversy began when the trans woman, who remains anonymous, visited a Victoria’s Secret store to shop for bras. She reported feeling uncomfortable and discriminated against by store staff.
In response to her complaint, Victoria’s Secret issued an apology, acknowledging the incident and expressing their commitment to diversity and inclusion.
However, the apology itself has come under fire from both supporters and critics.
Some argue that the brand’s apology is insincere and merely an attempt to save face, while others believe it is a step in the right direction towards a more inclusive shopping experience for all customers.
The incident raises important questions about how brands should handle situations involving discrimination and whether their apologies are genuine or performative.
It also highlights the ongoing challenges faced by transgender individuals when accessing spaces traditionally designed for cisgender customers.
As the fashion industry continues to evolve, many are calling for a deeper examination of inclusivity and sensitivity, not just in policies but in practice.
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