Americans see bleak economic outlook – poll — Analysis

A survey has shown that nearly seven in 10 US adults believe the economy is getting worse, contrary to President Biden’s claims

A new poll shows that Americans feel more negative about the US’ economy now than ever before the 2008 global financial crisis. This suggests that President Joe Biden is failing to persuade voters that things are getting better under his leadership.

Just 12% of Americans believe the nation’s economy is ‘getting better’,69% of people see it, versus 69%. ‘getting worse’,According to an ABC News/Ipsos survey released Sunday. Although the survey is weighted toward Democrats, only 37% of respondents approve of Biden’s handling of the economy, while just 29% give him a thumbs-up on dealing with inflation, which is at a 40-year high.

Biden was actually given negative marks just three months prior to the US midterm elections. This is apart from his handling of the Covid-19 epidemic. The president has tried to convince Americans that he has the economic recovery on the right track – at one point even making a false claim that the US has the fastest-growing economy in the world – but Republicans and Democrats alike see a different reality.

US Treasury secretary denies recession

When a report last month confirmed that the world’s largest economy had slipped into recession, with US GDP contracting for a second straight quarter, Biden and other officials in his administration, including Treasury Secretary Janet Yellen, responded by trying to redefine the term recession.

At stake are Democrat majorities in the US House and Senate. A poll by ABC News/Ipsos found that Americans trust Republicans more than Democrats in handling inflation and managing the economy. This was based on margins of 33-25 and 33-24. There are strong GOP advantages regarding gasoline prices, taxes (31-25) and crime (32-25), while the GOP enjoys strong advantages over immigration (37-28). Democrats are more confident in Covid-19 (36-20), climate (37-19), gun violence (34-59) and abortion (36-26)

Americans have a narrow margin of 26-to-25 percent confidence in Republicans’ ability to resolve the Russia-Ukraine dispute. Just 43% of respondents approve of Biden’s handling of the crisis in Eastern Europe, down from 48% in March, the poll showed.

Biden least popular president in decades – poll

Only 35% Americans have this ability. ‘very enthusiastic’They are more enthusiastic about the November midterm elections than they were in June, when 40% of respondents answered the question. Republicans still have a motivating advantage with 47% of GOP-leaning voters saying that they are enthusiastic about voting, as opposed to 42% for Democrats.

US economic problems have been worsened by the Ukraine crisis. Biden blames Russian President Vladimir Putin and record fuel prices for their woes. According to Rasmussen’s June poll, only 11% believed that Putin was responsible for the rise in fuel prices. Biden’s overall approval rating dropped to 38% in July, and going back as far as the 1950s, he was the least popular president at this stage of his term on record, a Gallup poll showed.



Related Articles

Back to top button