Democrats say they are more worried that disillusioned Black voters, key to Biden's reelection bid, will sit it out in 2024 rather than defect to the Republicans.
Summary:
Democrats are becoming increasingly concerned about a possible drop in Black voter turnout for the 2024 presidential election, according to party insiders. The worries arise from a 10% decrease in Black voter turnout in the 2022 midterms compared to 2018, a more substantial decline than any other racial or ethnic group, as per a Washington Post analysis. The decline was particularly significant among younger and male Black voters in crucial states like Georgia, where Democrats aim to mobilize Black voter support for President Biden in 2024.
The Democratic party has acknowledged the need to bolster their outreach efforts to this demographic. W. Mondale Robinson, founder of the Black Male Voter Project, highlighted the need for Democrats to refocus their attention on Black male voters, who have shown lower levels of engagement. In response, Biden's team has pledged to communicate more effectively about the benefits that the Black community has reaped under Biden's administration, according to Cedric L. Richmond, a senior advisor at the Democratic National Committee.
However, Black voter advocates have identified deep-seated issues affecting Black voter turnout. Many Black men reportedly feel detached from the political process and uninspired by both parties' policies. Terrance Woodbury, CEO of HIT Strategies, a polling firm, suggests that the Democratic party's focus on countering Trump and Republican extremism doesn't motivate younger Black men as much as arguments focused on policy benefits. Concerns are growing within the party that if they fail to address these issues, disenchanted Black voters might either abstain or, potentially, be swayed by Republican messaging on certain key issues.
Biden may not be exciting, but he's had a surprising amount of policy victories given the deadlock in congress. And he hasn't tried to burn our democracy to the ground to satisfy his own ego, so that's always a plus.
Gold standard at this point in time would be deflationary (if the population is growing faster than new gold is being mined, at least). Deflation incentivizes money hoarding, and disincentivizes loans and investments. Capitalism basically breaks down during times of deflation (investments dry up, people stop spending money on things they don't absolutely need, companies lay off or go out of business, unemployment rises).