The Potential Consequences of Biden’s Loss in November on the Hispanic Vote
The upcoming presidential election has sparked concern among the Left regarding the diminishing support of Latino voters for President Joe Biden. Many Democrats believe that Biden’s problems stem from mere perception, but the reality is much harsher. The administration’s policy outcomes have had far-reaching consequences, particularly for the Latino community.
One major issue affecting Latino voters is the rising cost of living. Since Biden took office, it now costs over $12,000 more per year to support the average American family. This increase has hit the Latino community especially hard. In fact, recent polls show that Biden is losing the Hispanic vote outright, with only 40% support compared to 46% for his opponent.
The root cause of this fleeing support lies in what economists call rational self-interest. Despite the administration’s protestations, inflation has skyrocketed under Bidenomics. Overall inflation has risen by 18%, and core inflation remains high at 3.8%. This inflationary trend has a significant impact on the everyday lives of voters, particularly Latinos who already spend over half of their income on basic necessities like food, energy, and housing.
Furthermore, incomes have not kept pace with rising costs. Median weekly incomes for Hispanics have barely increased since the start of Biden’s presidency. With inflation eating away at earnings, Hispanics are feeling the pressure of high prices coupled with stagnant or negative wage growth. Unsurprisingly, Hispanics report higher levels of inflation stress than any other ethnic or racial group, with 57.2% feeling the impact.
Inflation is not the only policy blunder affecting Latinos. The recent enforcement of a rule that could reclassify many independent contractors as employees has caused unrest among Hispanic independent workers who make up 26% of all independent workers nationwide. Additionally, Biden’s proposed $7.3 trillion budget plan further contributes to the historically high inflation that disproportionately affects lower-income Latinos.
The disconnect between Biden’s rhetoric and the reality of Latinos’ economic struggles has led to disillusionment among this voting bloc. Many Latinos feel that the president is out of touch when he claims that his economic plan is working and that wages are up. As a result, Biden is losing the support of Latino voters at an alarming rate.
To win back Latino voters, Biden must recognize their true needs and concerns. It is crucial for him to acknowledge the mistakes that have compromised their support. However, time may be running out, as recent polling shows Biden running behind his opponent in key swing states with significant Latino populations.
In conclusion, the consequences of Biden’s potential loss in November on the Hispanic vote are significant. The rising cost of living, inflation, and policy blunders have eroded support among Latino voters. To regain their trust, Biden must understand their unique needs and concerns and take responsibility for the mistakes that have alienated them. Whether he can do so before it’s too late remains to be seen.
