https://archive.ph/CbcBl

The economy isn’t great, and there’s no point in trying to pretend it is. That said, Biden can save his administration. He has accomplishments, and his State of the Union messaging resonated. He can argue that his first term was about having America recover from Covid by re-shoring factories, restoring full employment, and fixing supply chain problems. He can brag about all the big companies suing him, like various pharmaceutical firms mad that the White House is imposing price caps. Then he can pledge that he’ll focus on bringing down housing costs in his second term. Will such a story work? I don’t know. Maybe the current pitch will work, in the 2022 midterms, Biden out-performed expectations. But it’s at least more relatable than ‘Eat some charts!’

While I agree with many of Matt's sentiments, I must disagree with him here. One can't sell a failing economic strategy.

It's far too late for Biden to save his regime. He would not be engaging in a campaign of Lawfare against Trump if he were confident that he would be able to defeat him in November 2024.

Biden won't fundamentally change anything. He said that to his donors. Here we are. Real change would mean a fight with the rich, something that Biden is too corrupt to do.