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The Big One Is Coming: CNBC Realizes Something Massive Is Happening When It Looks at Latest Survey Results

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A new CNBC survey finds the Republican Party has the greatest advantage over Democrats in the history of the news outlet’s polling on the matter.

The CNBC All American Economic Survey determined congressional Democrats are in a very precarious place less than a year away from the 2022 midterms.

Republicans now hold a 10-point advantage over Democrats on the generic ballot, 44 to 34 percent.

CNBC noted that’s up from a 2-point advantage the GOP held in October.

In the 20 years that CNBC and NBC have been asking the congressional preference question, the largest previous advantage Republicans have ever held over Democrats is 4 points.

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“If the election were tomorrow, it would be an absolute unmitigated disaster for the Democrats,″ said Jay Campbell, partner at Hart Research Associates, the Democratic pollster for the survey.

Inflation, which hit a 40-year high of 6.8 percent last month, is the top concern among voters.

Do you think the GOP will take back the House and the Senate in '22?

“Americans’ views on the state of the economy look to have helped drag down both [President Joe] Biden’s and the Democrats’ numbers,” according to CNBC.

Biden is solidly underwater on the issue.

Only 37 percent approve of his handling of the economy, and 56 percent disapprove, which is down from 40 percent approval and 54 percent disapproval in the second quarter of this year.

CNBC findings are consistent with the Real Clear Politics average of polls concerning the economy, which has Biden at 38.5 percent approve, 55.8 percent disapprove.

In other words, he’s underwater by over 17 points.

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Biden’s overall approval in the CNBC poll is at 41 percent, with 50 percent disapproving.

Historically when the president’s approval rating has dropped below 50 percent, his party has consistently, going back decades, faced a blowout in the House of Representatives in the midterms, which included a loss of control of the chamber.

For example, Democrats lost 54 seats in 1994 when then-President Bill Clinton’s approval was at 48 percent.

Republicans gave up 30 seats in 2006, when then-President George W. Bush’s approval rating fell to 37 percent.

Four years later, in the 2010 midterms, then-President Barack Obama’s approval stood at 45 percent, and the GOP picked up 63 seats.

Most recently, in 2018, when 40 percent of Americans approved of then-President Donald Trump’s handling of the job, Republicans lost 40 seats in the House.

The GOP only needs to flip five seats to take back the majority in the House.

The Senate is split evenly between the parties, 50 to 50.

Eleven months is a long time in politics, but as things stand now, a red wave is coming in November.

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Randy DeSoto has written more than 2,000 articles for The Western Journal since he joined the company in 2015. He is a graduate of West Point and Regent University School of Law. He is the author of the book "We Hold These Truths" and screenwriter of the political documentary "I Want Your Money."
Randy DeSoto is the senior staff writer for The Western Journal. He wrote and was the assistant producer of the documentary film "I Want Your Money" about the perils of Big Government, comparing the presidencies of Ronald Reagan and Barack Obama. Randy is the author of the book "We Hold These Truths," which addresses how leaders have appealed to beliefs found in the Declaration of Independence at defining moments in our nation's history. He has been published in several political sites and newspapers.

Randy graduated from the United States Military Academy at West Point with a BS in political science and Regent University School of Law with a juris doctorate.
Birthplace
Harrisburg, Pennsylvania
Nationality
American
Honors/Awards
Graduated dean's list from West Point
Education
United States Military Academy at West Point, Regent University School of Law
Books Written
We Hold These Truths
Professional Memberships
Virginia and Pennsylvania state bars
Location
Phoenix, Arizona
Languages Spoken
English
Topics of Expertise
Politics, Entertainment, Faith




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