The 1948 Economic Moment That Might Explain Our Own

President Biden has struggled to sell Americans on the positive signs in the economy under his watch, despite figures that look good on paper. That could have important ramifications for his re-election hopes.Nate Cohn, the chief political analyst for The Times, explains why, to understand the situation, it may help to look back at another election, 76 years ago.Guest: Nate Cohn, the chief political analyst for The New York Times.Background reading: Want to Understand 2024? Look at 1948.The Economy Looks Sunny, a Potential Gain for Biden.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.