Angry voters punish governments for poor economic policies: Jack Mintz in the Financial Post

This article originally appeared on the Financial Post. Below is an excerpt from the article.

Author: Jack Mintz, July 5, 2024

Incumbent governments everywhere are losing favor with angry voters. In June, European Parliament elections saw a collapse in the vote for incumbent parties in almost every country except Italy. India’s Narendra Modi won re-election but lost his majority and now leads a coalition. Our federal Liberals, trailing the Conservatives by 15 to 20 points for a year, suffered a surprise byelection defeat in a Toronto riding they held for three decades. US Democrats, already behind in key battleground states, are furious after a dismal debate performance raised doubts about President Joe Biden’s fitness for office.

This week, governments in Britain and France are feeling the wrath. In the race for a snap election, British Prime Minister Rishi Sunak has been unable to dent Labour’s advantage in seven weeks of campaigning. Nigel Farage’s fast-rising Reform Party, which has been a vocal critic of Sunak’s government’s immigration policies and the weak economy in the wake of Brexit, has emerged from virtually nowhere to challenge the Conservatives and Liberal Democrats for the role of official opposition.

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