financetom
News
financetom
/
News
/
After Gen Z helped elect Biden, White House worries a TikTok ban would ‘lose every voter under 35, forever’
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
After Gen Z helped elect Biden, White House worries a TikTok ban would ‘lose every voter under 35, forever’
Jan 15, 2024 11:18 PM

  Young Voters Test Biden’s Loyalty as He Navigates TikTok, Alaska Drilling and Student Debt

  President Joe Biden's recent actions on TikTok ownership, Alaskan oil drilling, and student loan debt are testing the loyalty of young voters, a group that has largely supported him.

  Youth Turnout and Biden's Victories

  Youth turnout surged in the three elections since Donald Trump's 2016 presidential victory, helping Biden win swing states in 2020, secure a Democratic Senate seat in 2022, and mitigate potential House losses.

  Biden's Approval Among Young Liberals

  However, the 80-year-old president has never been the top choice for young liberals seeking a new generation of American leadership. As Biden prepares for a potential reelection campaign, a TikTok ban and the Alaska drilling could hinder his chances.

  Student Loan Debt Relief and Legal Challenges

  Meanwhile, Biden's plan to eliminate billions of dollars in student loan debt faces legal challenges in the Supreme Court. This initiative, announced before last year's midterms, was an attempt to fulfill a promise made during his 2020 Democratic primary campaign.

  The Risk of Low Voter Turnout

  The risk for Biden is not that young left-of-center voters will switch to the Republican Party, but rather that they will abstain from voting altogether.

  Mark Buehlmann, a 20-year-old Arizona State University student, expressed his dissatisfaction with Biden and indicated he might not vote if Biden is the Democratic nominee. He believes Biden lacks the ability to inspire and unite the Democratic voter base.

  TikTok and Its Popularity

  TikTok allows users, including 150 million in the United States, to post short, creative videos. Its algorithm effectively tailors content to users' interests, making it highly popular, particularly among young people seeking entertainment and community.

  Concerns About TikTok's Ownership and Data Security

  Western governments are increasingly concerned that TikTok's owner, ByteDance, based in Beijing, could share browsing history or other user data with the Chinese government or promote propaganda and disinformation. The U.S. and other nations have banned TikTok from government-owned devices, as have several states.

  Potential TikTok Ban and Biden's Response

  The U.S. Committee on Foreign Investment, part of Biden's Treasury Department, has threatened to ban TikTok if ByteDance doesn't sell its stake in the app, according to a Wall Street Journal report.

  Trump attempted to ban TikTok in 2020, but the move was blocked in court and later rescinded when Biden took office and ordered an in-depth study of the issue.

  ByteDance claims to be addressing security concerns and plans to route traffic through servers owned by Oracle, a Silicon Valley-based tech company.

  The Biden administration insists that political considerations are not influencing the ongoing national security review, but they are aware of the potential impact.

  Political Pressures and Concerns

  Both political parties have adopted tougher economic and security stances on China's rise, and Biden faces increasing pressure from GOP lawmakers to take action against TikTok.

  Commerce Secretary Gina Raimondo expressed concern that a TikTok ban could result in the loss of young voters under 35.

  The Biden White House and his likely reelection campaign are aware of the app's massive domestic reach and demographic skew toward Democratic-leaning younger voters.

  Support for TikTok and Concerns Over a Ban

  Representative Jamaal Bowman, a progressive New York Democrat popular on the left, held a news conference with TikTok creators who have built popular and profitable channels on the social network "in support of free expression."

  Lawmakers grilled TikTok CEO Shou Zi Chew over data security and harmful content during a tense House committee hearing. Chew emphasized the app's prioritization of user safety and argued against a ban based on its Chinese connections.

  Interviews with young people at Arizona State University, a key contributor to Biden's narrow victory in the state, revealed that while a TikTok ban might be annoying or inevitable, it wouldn't change their views of the president.

  Many young people believe that another app will emerge to capture their attention if TikTok disappears.

  The Bipartisan Issue of China

  Ginny Xu, a 20-year-old chemical engineering student, views the TikTok ban as a bipartisan issue related to "safety" from China. She expressed disappointment over losing access to TikTok but indicated that it wouldn't deter her from voting for Biden if there were no better Democratic choice.

  Biden's Record on Young People's Interests

  Jack Lobel, spokesperson for Voters of Tomorrow, emphasizes that Biden has a strong record of supporting young people's interests, including student loan debt relief, abortion rights, climate spending, and gun violence legislation.

  Young Voters as a Potential Secret Weapon

  Lobel sees young voters as a potential secret weapon for Democrats, particu

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved