On a recent episode of the Federal Newswire Lunch Hour podcast, CFIF's Timothy Lee joined host Andrew…
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The Lunch Hour - FTC Overreach, 'Junk Fees' and More

On a recent episode of the Federal Newswire Lunch Hour podcast, CFIF's Timothy Lee joined host Andrew Langer and Daniel Ikenson, Founder of Ikensonomics Consulting and former Director of Trade and Policy Studies at the Cato Institute, to discuss Federal Trade Commission overreach, so-called "junk fees," and more.

The conversation focuses on "the FTC's increasingly aggressive regulatory posture under Chair Lina Khan, highlighting concerns about overreach, economic consequences, and implications for constitutional governance."

Watch below.…[more]

December 05, 2024 • 12:18 PM

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The 'Biden Bump' That Didn't Last Long Print
By Byron York
Wednesday, May 01 2024
Even more damaging for Biden was that, when asked to assess both the Trump and Biden presidencies, 55% of those surveyed called Trump's presidency a success, while 61% called Biden's presidency a failure.

"The election is clearly changing now, moving towards Biden," the influential Democratic strategist Simon Rosenberg declared on March 26. "The Biden bump is real." For Republicans, Rosenberg is someone worth listening to; he was right about the nonexistent "red wave" that many in the GOP expected back in 2022. When he said the election was moving, it was worth noting.

Now, though, the situation is a little more complicated. Ever since President Joe Biden's State of the Union address on March 7  the one in which he appeared to shout much of the time to prove his vigor  Democrats have been hoping for a Biden surge. A lot of that was just wish-casting; it simply did not make sense to many Democrats that former President Donald Trump could be under four indictments, and starting trial in one case, and still be leading Biden. It just seemed too crazy to accept. But it was true. 

Then, in late March and early April, Biden did rise a bit in the polls. According to the RealClearPolitics average of national polls, Trump has led Biden in head-to-head matchups since September 2023. (They were tied for one brief moment in October.) During his March-April "bump," Biden's deficit shrank, coming within two-tenths of a point of catching Trump. Democratic hopes rose.

"Biden's position in the polls is improving against Trump," declared the polling analyst Nate Silver on April 18. "It looks to me like Biden's numbers against Trump have improved by a hair, probably to a degree that isn't just statistical noise." Even a slight improvement was like manna from heaven for Democrats and their allies in the media.

Alas, it didn't last long. On Sunday came a poll from CNN that was simply devastating for the president's reelection hopes. Remember, a poll is just a freeze frame of the race at this moment. It doesn't mean things won't change in the future. But it gives us an idea of where things stand right now. And the CNN poll showed Biden's standing deteriorating before our eyes.

The headline was that the poll showed Trump with a 6-point lead over Biden, 49% to 43%, in a head-to-head national matchup. And, as of now at least, many voters say they have made up their minds. When the pollsters asked respondents who did not support Biden whether there is any chance they might eventually vote for Biden, 52% said there is "no chance whatsoever" they would vote to reelect the president. When pollsters asked people who did not support Trump whether there is any chance they might eventually vote for Trump, 47% said there is "no chance whatsoever" they will vote for Trump. That suggests a lot of people have very strong feelings which they do not expect to change.

Another problem for Biden was that the poll was taken from April 18 to 23, when Trump's trial in Manhattan was underway and the subject of wall-to-wall news reports. So voters knew about it  they couldn't avoid it  and more of them still preferred Trump to Biden.

Even more damaging for Biden was that, when asked to assess both the Trump and Biden presidencies, 55% of those surveyed called Trump's presidency a success, while 61% called Biden's presidency a failure. This is a unique election in which both candidates have been president of the United States. That means the voters can make an apples-to-apples comparison, and it doesn't look good for Biden.

Two more national polls have come out in the 48 hours since the CNN survey was released. A Harvard-Harris poll had Trump leading Biden by 4 points, 52% to 48%, while a Morning Consult poll had the two candidates tied at 43%. 

The RealClearPolitics average of polls, which a couple of weeks ago showed the race nearly tied, now shows Trump ahead of Biden by 1.4 percentage points. It's not much of a lead by any means, but it has lasted for more than six months. And then there is Trump's bigger lead in some of the key states that could decide the election.

Again, it's all polls. But note this, from the RealClearPolitics analyst Sean Trende: "Polls are just snapshots in time. The problem is that the political science literature is pretty consistent that this is the time when the electorate's views about the election start to harden, particularly with respect to the economy." So public opinion can be volatile, but after a while, it is not. And remember that where the economy is concerned, voters believe Biden has done a terrible job. Put it all together, and while yes, there is a lot of time left, there are also lots of reasons for Biden to be worried.


Byron York is chief political correspondent for The Washington Examiner.

COPYRIGHT 2024 BYRON YORK

Notable Quote   
 
"The electorate voted overwhelmingly in support of taking the federal government in a new direction last month, but thanks to the undemocratic power of government unions, the new administration will be limited in its ability to deliver more efficient services for citizens.In a last-second move designed to thwart the will of the voters, Social Security Administration Commissioner Martin O'Malley, an…[more]
 
 
— Washington Examiner Editorial Board
 
Liberty Poll   

What overall grade would you give President-elect Trump for the quality of administration appointees he has announced thus far?