Edward Fishman on Bloomberg: Global Energy Policy
Edward Fishman joins Bloomberg on October 30, 2025. Edward Fishman is one of the world’s foremost experts on economic statecraft, with deep experience shaping U.S.…
Thought Leader: Edward Fishman
                One of the main reasons President Biden is struggling in polls against former President Trump is his glaring underperformance with a constituency that has long been overwhelmingly Democratic: non-white voters without a college degree.
Why it matters: As Democrats have made major gains with suburban and upper-middle-class voters since Trump’s political ascendance, they’ve been losing support among blue-collar voters.
By the numbers: In the New York Times/Siena poll released last week, Biden failed to win majority support from non-white voters who hadn’t graduated from college.
Between the lines: Many of these voters are moderates, not progressives — especially when it comes to the polarizing cultural issues that Republicans are increasingly focused on.
Go deeper: Ruy Teixeira, an elections analyst at the American Enterprise Institute, flagged several key issues dragging down Democratic support with non-white working-class voters, based on recent polling.
What they’re saying: “In 2020, very few Democrats thought their support against the hated and presumably toxic Trump could possibly slip among nonwhite working-class voters. But it did. I wouldn’t be so sure it couldn’t happen again,” Teixeira wrote.
Reality check: Democrats held many of these same vulnerabilities heading into the 2022 midterms yet overperformed expectations last year.
The bottom line: The fact that Biden’s political fortunes aren’t improving with a healthier economy is a sign that social and cultural issues still matter a lot in our politics.
Edward Fishman on Bloomberg: Global Energy Policy
Edward Fishman joins Bloomberg on October 30, 2025. Edward Fishman is one of the world’s foremost experts on economic statecraft, with deep experience shaping U.S.…
Thought Leader: Edward Fishman
Peter Zeihan: Trump Pulls the Trigger on Russia
After months of being played by the Russians, it seems US President Donald Trump has had enough. On 23 October the United States has fully…
Thought Leader: Peter Zeihan
On this episode of Simply Money presented by Allworth Financial, Bob and Brian welcome former Cleveland Fed President Dr. Loretta Mester for a rare insider’s…
Thought Leader: Loretta Mester