The election this year was a close yet intriguing election that resulted in either a big win or a big loss for some. Donald J Trump won the November 6, 2024 election once again due to his previous presidency. The economy flourished under Trump more than it did under the Biden administration; this could have impacted the way people voted ending in such a surprising win.
No one can argue that once Biden got elected in the 2020 election over the years of his presidency “ house values jumped by more than $106,000 from 2020-2024, compared to the more than $72,000 gain when Trump was in the White House from 2016-2020.” says The Street article called “How home prices fare under Biden and Trump”This highlights a comparison of economic performance between different periods. This reason could sway voters to vote for Trump rather than Harris , because people want to be able to afford homes and lower house values makes it easier for more middle class citizens to afford a home.
Most Americans are fond of relatively low inflation. When Trump was in office he continued the substantially low levels of inflation. Democratic voters may see this as a reason to give their vote to Trump seeing his successful record from the past as president.
Although the job growth under the Biden-Harris years had skyrocketed after the pandemic. The article “What Biden can take credit for on the economy- and what he can’t” says “since Biden took office in January 2021, the unemployment rate has plunged to 3.7% from 6.3%.”
Even though the workforce was making a comeback this growth started well before Biden. The jobs gained during Biden’s presidency were likely due to the effect Trump had on the economy during his past presidency.
As we transition into a new presidency experts say that the 2025 outcome may be more favorable than 2024.
Ryann Hatch
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