Friday 08 Mar 2024 @ 12:20
Chatham House
Printable version

How foreign policy might impact the outcome of the US election

EXPERT COMMENT

Divisions over key foreign policy issues, from the war in Ukraine to Gaza, could play a pivotal role in determining the outcome of the 2024 presidential election.

In 1992, Bill Clinton’s political strategist James Carville quipped that the outcome of US elections was determined by ‘the economy, stupid’. Joe Biden must certainly hope that this remains true because, if so, he would almost certainly be a shoo-in for re-election in 2024. 

The facts speak for themselves. Unemployment is at an all-time low, the US economy is growing by about 3 per cent per quarter, wages are going up, and the stock market is going through the roof. Meanwhile, interest rates, which have been at an all-time high for over two years, are finally predicted to come down. And to cap it off,  of the top ten corporations in the world right now, eight just happen to be based in the US. As one pundit has put it, if the US was in an economic war with the rest of the world, it would be ‘winning’.

Click here to continue reading the full version of this Expert Comment on the Chatham House website.

 

Channel website: https://www.chathamhouse.org/

Original article link: https://www.chathamhouse.org/2024/03/how-foreign-policy-might-impact-outcome-us-election

Share this article
RESEARCH EXPERTS EVENTS MEMBERSHIP ACADEMY ABOUT

 

Latest News from
Chatham House

The US aid package to Ukraine will help. But a better strategy is urgently needed

26/04/2024 10:10:10

The essential aid package will allow Kyiv to slow down Russian forces. But the delay had a real cost for Ukraine, and a secure long-term funding model is required.

As yet another UN Libya envoy quits, his successor must be bolder

25/04/2024 14:20:00

To break through Libya’s political stalemate, the UN must be willing to pursue a bolder strategy, despite the risks of failure.

The Baltic Sea is far from a ‘NATO lake’ – the alliance must strengthen its defences

23/04/2024 14:10:00

Alliance countries need better understanding of the risks to their undersea infrastructure, and improved signalling to deter Russian sabotage and hybrid attacks.

Iran–Israel exchanges are a test for China’s influence in the Gulf

22/04/2024 16:10:00

Beijing’s diplomatic activism shows it is worried Iran–Israel tit-for-tat may undermine Saudi–Iran reconciliation.

Simplicity is the key to closing the climate finance gap

22/04/2024 12:20:00

Conventional, publicly capitalized financial instruments are the only way to mobilize private finance on a very large scale.

A new European Court of Human Rights ruling has established a vital new precedent

18/04/2024 13:10:00

The judgement shows litigation can be used to hold governments to account on their climate ambitions – but much will depend on policy outcomes.

Fiscal incontinence is going global and could pose a risk to financial stability

16/04/2024 15:10:00

While the global economy is showing signs of strong growth, public debt levels in emerging markets are rising at an alarming rate.

Iran’s attack on Israel was not the failure many claim but it has ended Israel’s isolation

16/04/2024 10:20:00

The strikes demonstrated a more assertive approach from Tehran, but the region’s security now depends on Israel’s ability to play a longer game.

The strike on Iran’s consulate in Syria could be the spark that ignites the Middle East

15/04/2024 16:10:00

Israel’s attack signalled a shift in its strategy towards Iran. Tehran’s response and the US promise of ‘ironclad’ support for Israel risks escalation of this transnational conflict.

HELPING LOCAL COMMUNITIES AND BUSINESSES TO PROSPER