Democratic Party Primary Winner Seen Through 'Super Tuesday' Pledges

Biden Leads in Virginia and Three Other States... Sanders Only Secures Vermont

Both Emphasize Strengthening the Middle Class, but Differences in Policy Intensity Emerge


▲Former Vice President Joe Biden (right) and Senator Bernie Sanders, who are competing for first and second place in the Democratic presidential primary [Image source=Yonhap News]

▲Former Vice President Joe Biden (right) and Senator Bernie Sanders, who are competing for first and second place in the Democratic presidential primary [Image source=Yonhap News]

View original image


[Asia Economy Reporter Kwon Jaehee] Former Vice President Joe Biden has gained an early advantage in the Democratic primary's biggest event, Super Tuesday. According to U.S. media reports, as of 10:30 PM local time on the 3rd, Biden secured victories in Virginia, North Carolina, Alabama, and Oklahoma, solidifying the two-horse race between 'Sanders vs. Biden.' Senator Sanders only won in his home state of Vermont. It appears that Biden's moderate policies are resonating more with voters compared to Sanders' radical proposals.


Super Tuesday allocates 1,357 delegates, which is one-third of the total 3,979 delegates. Including the four states that held primaries earlier?Iowa, New Hampshire, Nevada, and South Carolina?40% of the delegates will be decided, making it a crucial turning point in the Democratic presidential primary.


Early projections favor Biden in key battleground states, reflecting that voters are more drawn to Biden's centrist platform than Sanders, who is classified as a radical leftist.


Both candidates propose policies centered on strengthening the middle class and wealth redistribution, but Sanders' approach is more radical. A representative policy is his proposal for wealth taxes. Sanders has pledged to impose a wealth tax on the top 1% of wealthy individuals and households with assets exceeding $32 million (approximately 37.7 billion KRW). In contrast, Biden aims only to reverse the personal income tax cuts made under the Trump administration.


Super Tuesday, Moderate Biden Gains 'Winning Momentum'... Radical Policy Sanders Faces Rejection View original image


Regarding corporate taxes, Sanders has vowed to raise the current 21% corporate tax rate back to the pre-Trump administration level of 35%. Biden proposes a lower increase to 28%.


In financial policies, Sanders advocates for stronger regulations. He has made it a key pledge to revive the 'Glass-Steagall Act,' which separates commercial and investment banks, and to introduce a financial transaction tax.


Biden's victories are widely interpreted as a backlash against Sanders' radical proposals. Traditional Democratic supporters have already voiced the need to block Sanders. This is also why moderate Democratic presidential candidates who dropped out, such as former South Bend Mayor Pete Buttigieg and Minnesota Senator Amy Klobuchar, have rallied around Biden.


Karl Rove, former White House advisor and election strategist for President George W. Bush, explained in an interview with Fox News, "It seems that traditional Democrats are acting out of concern that the party could be taken over by a socialist (Sanders)."



However, since it is still early, many variables remain. The outcome in California and Texas?the states with the largest number of delegates holding primaries on Super Tuesday?could change the race. Sanders, who has strong support among young voters aged 20-30 and in California, could maintain first place if he wins decisively in California. California's voting is scheduled to conclude at 11 PM local time, the last among the Super Tuesday primaries. Michael Bloomberg, former New York City mayor who made his first appearance in this primary, maintained a third-place position in most regions.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing