Blog

Authored by Michael Snyder via TheMostImportantNews.com,

Hundreds of millions of dollars are being spent to persuade the American people to vote for either Kamala Harris or Donald Trump. 

But ultimately two things are probably going to matter more than anything else. 

Millions of Americans will be basing their votes on how they currently feel about the economy and who they trust to handle it moving forward. 

This will be particularly true for independents, and they actually make up the largest block of voters at this point.  About 30 percent of the population considers themselves to be Democrats, about 30 percent of the population considers themselves to be Republicans, and almost everyone else considers themselves to be independents. 

In the end, how independents vote will be of paramount importance, and a brand new survey has discovered that only 23 percent of independents believe that the U.S. economy is on the right track…

Needless to say, this is horrible news for Kamala Harris.

She desperately needs to convince independent voters in the swing states that the policies of the Biden administration have the economy moving in the right direction, and that is not an easy sell.

Economic conditions are very tough all over the country right now, and everyone can see it.

In a recent editorial, small business owner Bruce LeVell detailed what things are like in Georgia at this moment…

He is right.

The cost of living has been going up much faster than paychecks have, and that is one of the biggest reasons why 37 percent of Americans are struggling to pay for their most basic expenses.

Millions of households are just barely scraping by, and as a result many are using credit cards to stay afloat…

This is a really bad time to be racking up credit card debt.

But a lot of people feel like they have no choice.

Meanwhile, the personal savings rate has fallen to the lowest level since the financial crisis of 2008…

U.S. consumers have not been in such bad shape since the Great Recession, and now there are signs that the overall economy is rapidly slowing down all around us.

For example, a trucking company in Illinois that had about 480 drivers just suddenly ceased operations…

And week after week, large banks continue to shut down even more branches…

Last, but certainly not least, I did not want to leave the stunning bankruptcy of Big Lots out of this article…

Normally, troubled retailers will do whatever is necessary to hang on through the lucrative holiday shopping season before declaring bankruptcy.

But apparently Big Lots was so far gone that they were not able to do that.

Every piece of bad economic news that we get brings Kamala Harris even closer to defeat and Donald Trump even closer to victory.

In my entire lifetime, the economy has played a major role in determining the outcome of almost every single presidential election.

And it won’t be any different this time around.

But no matter what the outcome is, I fully anticipate that there will be widespread chaos afterwards.

I have never seen so much political animosity in this country, and there will be tens of millions of people that will be absolutely furious once the results of the election are revealed.

*  *  *

Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.