US Elections Biden Vs Trump?
Extraordinary and Plenipotentiary Diplomatist|April 2024
0n November 5th Americans will elect their next president.
H.E. Prof. Dr. Ambassador Tal Edgars
US Elections Biden Vs Trump?

The contest will feel familiar: the main two candidates are the same as in 2020. Joe Biden, the incumbent, faced no viable competition for the Democratic nomination. His predecessor in office, Donald Trump, easily saw off a crowded field in the Republican primary. This will be the first rematch election in almost 70 years. After Mr Trump lost the previous election, his supporters tried to overturn the result. He faces federal charges over his alleged participation in that scheme, as well as three other criminal cases. Mr Biden's presidency has been defined by high inflation, big industrial-policy bills and turmoil abroad, in Afghanistan, Ukraine and the Middle East. Both men are unpopular. The election will be less a popularity contest than a referendum which many Americans think is the least bad option.

The gaps between the perception of the economy and the reality, explained.

American economic pessimism has been bafflingly persistent despite major indicators showing that the economy is strong. Unemployment is low, inflation is significantly down from its 2022 peak (if sticky and ticking up in the last month), wages are up, the stock market is hitting new all-time highs, and it looks like the Federal Reserve might be able to keep the US out of a recession.

Surveys are beginning to capture growing consumer confidence but for President Joe Biden, the question is whether it's rising quickly enough for him to avoid being penalized in the 2024 election.

He had no control over the pandemic-rattled economy he inherited, but voters may nevertheless blame him for it, as they have (rightly or wrongly) blamed their presidents for the country's economic troubles in the past.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM EXTRAORDINARY AND PLENIPOTENTIARY DIPLOMATISTView all
THE WOLF ECONOMY AWAKENS
Extraordinary and Plenipotentiary Diplomatist

THE WOLF ECONOMY AWAKENS

Mongolia's Fight for Democracy, and a Green and Digital Future

time-read
1 min  |
June 2024
DESTINATION Kenya
Extraordinary and Plenipotentiary Diplomatist

DESTINATION Kenya

Background - My interest in visiting Kenya began on December 3, 2016, when the Kenya Tourism Board organized the Magical Kenya Open Golf Tournament in Delhi. The event, by invitation only, attracted many notable figures from Delhi NCR, and I was fortunate to be one of the winners. Along with a beautiful trophy, the prize included a trip to Kenya to play three rounds of golf in Nairobi and visit the renowned wildlife sanctuaries of Kenya.

time-read
5 mins  |
June 2024
THE POLITICAL LESSONS FROM THE MAHABHARATA
Extraordinary and Plenipotentiary Diplomatist

THE POLITICAL LESSONS FROM THE MAHABHARATA

The word 'politics' always inflicts a sense of excitement as well as resentment amongst the public at large. Often people irrespective of gender or age are found commenting upon the dynamics of politics and the way it has taken shape over the years.

time-read
4 mins  |
June 2024
UNIVERSAL HEALTH INSURANCE: TRANSFORMING TANZANIA'S HEALTHCARE SYSTEM
Extraordinary and Plenipotentiary Diplomatist

UNIVERSAL HEALTH INSURANCE: TRANSFORMING TANZANIA'S HEALTHCARE SYSTEM

Tanzania, a country known for its rich cultural heritage and breathtaking landscapes, is now setting a new precedent in the healthcare sector.

time-read
5 mins  |
June 2024
INDIA'S ELECTRIC REVOLUTION: LEADING THE GLOBAL THREE-WHEELER MARKET
Extraordinary and Plenipotentiary Diplomatist

INDIA'S ELECTRIC REVOLUTION: LEADING THE GLOBAL THREE-WHEELER MARKET

Globally, long-term EV growth is expected to lower battery prices and advance next-generation battery technology, enhancing the economic viability of electric vehicles. According to a BNEF report, the three-wheeled vehicle segment is on track to reach net zero emissions by mid-century, with India's growth positioning it as a global leader.

time-read
4 mins  |
June 2024
INDIA'S STRATEGY TO SCALE UP GREEN HYDROGEN PRODUCTION
Extraordinary and Plenipotentiary Diplomatist

INDIA'S STRATEGY TO SCALE UP GREEN HYDROGEN PRODUCTION

India's first multi-purpose green hydrogen pilot project at 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal's Jhakri was inaugurated on April 24 this year.

time-read
4 mins  |
June 2024
"Vietnam-India comprehensive strategic partnership has made progress"
Extraordinary and Plenipotentiary Diplomatist

"Vietnam-India comprehensive strategic partnership has made progress"

In an interview with Diplomatist Magazine, Mr. Le Quang Bien, Consul General of Vietnam in Mumbai, provides perspectives on the burgeoning Vietnam-India relationship, particularly focussing on trade, investment, tourism, and renewable energy sectors. With Vietnam's emergence as a pivotal manufacturing hub in Southeast Asia and India's robust technological prowess, he highlights the promising avenues for collaboration in manufacturing, technology, and agriculture. Mr. Bien also sheds light on Vietnam's rich cultural and natural attractions, emphasising the Consulate General's efforts to promote tourism and culinary exchange in Mumbai.

time-read
9 mins  |
June 2024
THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC
Extraordinary and Plenipotentiary Diplomatist

THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC

The current set of multilaterals, collectively or individually are facing a challenge in achieving four objectives of the largest multilateral institutions, the United Nations viz, \"maintaining international peace and security, protecting human rights, delivering humanitarian aid and support sustainable development\", owing to rising great power competition, unbridled competition among regional powers and unprecedented challenges in the Global North and the Global South.

time-read
4 mins  |
June 2024
NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE
Extraordinary and Plenipotentiary Diplomatist

NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE

\"Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity.\" Jean Monnet - The Father of the European Union.

time-read
2 mins  |
June 2024
ECONOMIC REFORMS AND GROWTH PROSPECTS: INDIA'S AGENDA FOR THE GLOBAL ECONOMY
Extraordinary and Plenipotentiary Diplomatist

ECONOMIC REFORMS AND GROWTH PROSPECTS: INDIA'S AGENDA FOR THE GLOBAL ECONOMY

India's economy is of global importance with a large young population and an open and democratic political system. It is already the third-largest economy and contributor to global economic growth, yet there is considerable untapped potential.

time-read
4 mins  |
June 2024