It’s the economy, stupid.

Former President Bill Clinton’s political strategist James Carville’s famous quip in the 1992 presidential election is truer than ever for 2024.

A new Bloomberg News/Morning Consult poll shows former President Donald Trump leading President Joe Biden in seven battleground states, the second poll this week to reflect Trump’s edge on the incumbent Democrat.

While national security is a rising concern in the minds of Americans, the troubled economy and Biden’s handling of it remains top of mind.

Trump holds a combined 4 percentage point lead over Biden (47 percent to 43 percent) in critical swing states Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin.

In Georgia, the former president leads Biden by five points, and he’s up five points in Arizona and North Carolina. Trump’s lead is narrower in Wisconsin (2 points) and Pennsylvania (1 point).

Pollsters said the picture looks bleaker for Biden when looking deeper into independents, expected to play a pivotal role in deciding the 2024 presidential election in swing states that are expected to again play an outsized role in the election.

“Among the 1,323 self-identified independents across the seven states, Biden is 10 points behind Trump on the ballot that includes third-party candidates, and he is eight points behind Trump in a direct head-to-head,” the poll summary states.

Biden and Trump, who is dominating in the Republican presidential primary polls, are effectively tied in Michigan, with the president leading his likely opponent in Nevada by 3 percentage points, according to the Morning Consult poll.