U.S. President Joe Biden speaks throughout an occasion about reducing well being care prices within the East Room of the White House on July 7, 2023 in Washington, DC.
Drew Angerer | Getty Images News | Getty Images
President Joe Biden paraded this week’s stock market record highs Friday in a brand new campaign video that trolled his predecessor, Donald Trump, for predicting a market collapse if Biden had been elected.
“Good one, Donald,” Biden wrote within the publish on X.
During the 2020 presidential marketing campaign, then-President Trump claimed, “If Biden wins, you are gonna have a stock market collapse the likes of which you have by no means had.”
The video replayed that clip, adopted by soundbites of reports anchors touting the stock market’s current positive aspects. One memorable snippet confirmed Larry Kudlow, Trump’s former prime financial aide, marveling on the market’s efficiency on his Fox Business present.
“Uh, let’s simply speak for a second in regards to the stock market. Boom,” Kudlow says.
Facing the prospect of a rematch with Trump in 2024, Biden is seizing on the stock market positive aspects to attempt to get by to voters.
The video displays a rising willingness by the Biden marketing campaign to take direct intention at Trump, who leads the Republican main subject by greater than 40 factors.
It additionally displays a shifting tone from the Biden marketing campaign, which has spent the previous yr targeted on a optimistic message and touting Biden’s financial positive aspects and job creation.
But this technique has thus far did not resonate with voters, polls show. A pivot to extra unfavorable marketing campaign messages, and reminding voters of how Trump ruled in workplace, may assist to energise disaffected Democrats.
A poll final month from The New York Times and Siena College discovered voters trusted Trump — who inherited a stronger economic system than Biden did and left workplace in the course of the pandemic — over Biden, on the economic system.