U.S. President Joe Biden tours Micron Pavilion with Micron President and Chief Executive Officer (CEO) Sanjay Mehrotra, U.S. Senate Majority Leader Chuck Schumer (D-NY), New York Governor Kathy Hochul and U.S. Senator Kirsten Gillibrand (D-NY) at Onondaga Community College in Syracuse, New York, U.S., October 27, 2022.
CNN  — 

President Joe Biden stepped up his effort to paint Republicans as a threat to Americans’ pocketbooks in a speech from upstate New York on Thursday, a closing argument that focuses less on his own accomplishments and more on what the GOP might do if they take control of Congress.

Biden’s visit to a Syracuse, New York, community college was meant to tout Micron’s pledge to invest $100 billion in semiconductor manufacturing, in part because of recent legislation that strengthened domestic chip production. But in his remarks, Biden also went after Republican plans that he argued would strip away some cost-lowering programs he’s enacted while rewarding the rich with new tax cuts.

“Republicans always used to have platforms,” Biden said. “Well, I can’t tell you what they’re for. But they’ll make sure to tell you what they’re against.”

“Then they’re coming after Social Security,” Biden added. “They’re going to shut down the government, refuse to pay America’s bills for the first time in American history to put America in default … unless we yield to their demands to cut Social Security and Medicare.”

“Nothing will create more chaos or do more damage to the American economy … than if it were to happen,” Biden said.

The event served as a real-time demonstration of a cold political reality. Despite shepherding one of the fastest economic recoveries in modern history, and securing four major cornerstone legislative wins tied to his economic agenda, economic discontent, particularly over high inflation, is still imperiling Democratic majorities in the House and Senate.

“We can talk about what we’ve done, all these huge legislative wins, ‘til we’re blue in the face,” one Democratic campaign official said. “If people can’t feel it, it doesn’t matter at this point.”

The President has focused on drawing a contrast between the two parties for weeks, but his sharpened message comes as Democrats grow increasingly concerned about the possibility the narrow universe of undecided voters could break sharply against their party in the closing days of the campaign.