March 06, 2022

The decline in President Biden approval ratings to 40% from a high of 57% in March of 2021 have the pundits wondering whether the President will pivot if the democrats lose control of the House and Senate after the midterm election? They also wonder whether he can win reelection in 2024. If the past is a guide, based on the President current approval ratings , it looks like the voters will likely send President Biden a message at the midterm election. The democratic party is poised to lose seats both in the House and Senate. Will President Biden heed the message and pivot like President Clinton, or will he stay the course like President Obama did? The Biden administration has plenty of time Pivot and adopt policies that improve its approval rating to the 50% range or higher and win reelection in 2024. But that is not the Biden Administration only option. Reading the tea leaves suggests that triangulation is an unlikely scenario. We are not too hopeful that he will pivot. Listening to the early part of the State of the Union speech we were encouraged when President Biden talked about bipartisanship. However, as he went on , it became clear that all he was doing was a rebranding his Build Back Better economic program. This leads us to conclude that although not a sure thing, it could choose to stay the course and roll the dice like the Obama administration did. The analysis presented here suggest that the Biden administration will not pivot. That it will follows the Obama administration path. But that strategy is not without risks. here was no indication that he would be willing to pivot.

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