Larry Kudlow:
Polls show Biden's speeches were a disaster
There's a growing view inside the mainstream media that Joe Biden's recent legislative victories and his recent speeches that MAGA Republicans are a threat to democracy and are "semi-fascists" are going to give the Democrats some midterm momentum and they're going to overtake the GOP by snatching victory from the jaws of defeat. I'm not buying it and here's why you shouldn't either.
First of all, the new legislation is not popular. By 36% to 12%, an Economist-YouGov poll shows that voters believe the IRA legislation will actually increase inflation. As for the student loan cancellation, a poll from another network shows by 59% to 38% that voters believe that too will increase inflation.
By the way, the latest inflation report for July was 8.5% year-on-year and the inflation tracker from the Cleveland Fed predicts an 8.2% CPI for both August and September.
As far as Biden's attack on 74 million Americans who voted for President Trump in the last election, new polls show these speeches were a disaster. The Trafalgar Group polling likely voters shows 56% believe it was "dangerous rhetoric," over 20 points more than those who believe it was ‘acceptable campaign messaging."
Just today, Rasmussen Reports also finds that 46% say the upcoming midterm election is a "referendum" on Biden's agenda. Only 40% think it's more about "individual candidates."
These early returns on Mr. Biden's outrageous, hateful and divisive rhetoric, alongside huge new tax-and-spend Democratic legislation, suggest the Republican cavalry is in very good shape here 61 days before the midterms.
Another lesson: never believe the mainstream media. Of course, voters are going to cast ballots against Biden's authoritarian, dictatorial, big government socialism.