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Tight Race Ahead of US Election
2024-10-10 09:00:09
Election
Politics
USA

Tight Race Ahead of US Election

Image courtesy of : AFP (JEFF KOWALSKY)

As the US election nears, polls indicate a remarkably close contest between Kamala Harris and Donald Trump, particularly in swing states. Harris seeks to attract moderate Republicans but faces challenges from her left flank.

Success in the traditionally Democratic 'blue wall' states is essential for her campaign. Conversely, Trump aims for victories in pivotal states like North Carolina, Georgia, and Pennsylvania, with the latter's outcome potentially determining the election.

Economic instability, exemplified by families struggling with low-wage jobs, may bolster support for Trump, even among his critics. This tight race raises fears of a contested election reminiscent of past disputes, prompting market experts to recommend hedging against potential volatility in the investment landscape.

Related news on that topic:

Economic Woes Dominate Swing State Debates

Economic issues are at the forefront of political discussions in swing states, as the nation inches closer to the election. The cost of living, inflation, and the economic security of the middle class are dominating voter concerns. Former President Donald Trump continues to rally support by positioning himself as an opponent of the establishment, promising to tackle issues like trade and immigration. His focus on these themes resonates with many working-class voters despite his controversial rhetoric. On the other hand, Vice President Kamala Harris is seeking a different approach, emphasizing the need to support families and small businesses. She champions policies aimed at curbing monopolies and addressing healthcare costs, contrasting sharply with Trump's agenda of tax cuts for the wealthy. Despite endorsements from various sectors, Harris faces challenges in gaining traction among voters who are disillusioned with the political elite. As polls in key states remain unpredictable, both candidates are intensifying their efforts to sway undecided voters. The outcome in these battlegrounds will likely hinge on whose economic message resonates more with the electorate, as both sides vie to address their immediate financial struggles.

Comparative Analysis of Economic Plans: Trump vs. Harris

Both Kamala Harris and Donald Trump's economic proposals are projected to increase the national debt, with Trump's plan expected to double the deficit impact compared to Harris'. Over the next decade, Harris's agenda may add approximately $3.5 trillion, while Trump's could contribute around $7.5 trillion. Various nonpartisan analyses indicate that although both candidates' plans will exacerbate the deficit, Harris might manage the budget more responsibly. Concerns have been raised regarding the economic risks associated with Trump's strategies, particularly from experts like Jason Furman. The imperative to address rising national debt has been emphasized by organizations such as the Committee for a Responsible Federal Budget, urging future leaders to confront this critical issue.

Read 5 more recent news on this topic

The press radar on this topic:

Frankfurter Rundschau
9. Oktober 2024 um 12:27

Four weeks before the US election: What new polls say about Harris and Trump

Politics
Four weeks before the US election: What new polls say about Harris and Trump
Uncertain outcome of the US election; Harris and Trump are tied; the electoral system is crucial; polls show a tight race in swing states; Harris is counting on moderate Republicans, but is losing votes from the left; successes in the "blue wall" would be the key to victory for Harris; Trump's most efficient path would be victories in North Carolina, Georgia and Pennsylvania; the outcome could depend on Pennsylvania.
Yahoo Finance
10. Oktober 2024 um 05:05

Analysis-Risks from potentially contested US election appear on market's radar

Politics
Finance
Tight US presidential race between Kamala Harris and Donald Trump raises concerns over contested election, similar to 2000 Bush-Gore dispute and 2020 election. Balance of power in Congress also at stake. Investors advised to hedge against potential volatility, per experts. S&P 500 at record highs, but Cboe Volatility Index and Nations TailDex Index signal increased market uncertainty.
The Guardian
10. Oktober 2024 um 05:00

This is the future for Kamala Harris: unless she solves this economic mystery, Trump wins

Politics
Economy
Finance
Technology
The story of the Stout family in Pennsylvania illustrates this dynamic, as their children struggle with low-wage jobs and financial instability, despite the family's best efforts. This sense of economic precariousness fuels support for populist figures like Trump, even among those who recognize his dishonesty.
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