Joe Biden continues to enact some of the worst economic policies the United States has ever seen and he’s alienating most Americans in the process.
A whopping 2% of Americans believe Joe Biden’s economy is “very good,” a CNN poll revealed.
By contrast, a total of 77% believe Biden’s economy is poor, the highest mark in a decade. Forty-seven percent say the economy remains “somewhat” poor, while another 30% said it was “very poor.”
The poll also revealed the economy is the number one issue for Americans by 36 points (50%). Subsequent issues followed: Ukrainian war (14%), immigration (10%), global warming (nine percent), racial unrest (5%), coronavirus (5%), and education (4%).
The amount of people who praised Biden’s economy as “very good” is at an all-time low for the president. In August, the number of respondents who said Biden’s economy was “very good” was three percent, dropping one percentage point in May. The two percent mark in May is the lowest mark since Barack Obama’s 2014 economy.
CNN: "Americans disapprove of President Biden's handling of this [the economy] more than ever before." pic.twitter.com/mz6o0gWksA
— The Post Millennial (@TPostMillennial) May 4, 2022
Biden’s rating on the economy, the most important issue, seems to impact how Americans view the nation. Only two percent say the nation is doing “very well.” In contrast, 20% said the nation is doing “very badly,” an 18-point difference.
During Biden’s presidency, only 5% of respondents have marked Biden’s America as doing “very well.” Biden’s mark is well below Donald Trump’s. Before the coronavirus, 21% of Americans said the nation was doing “very well,” up from five percent in Obama’s last month as president.
Not many trust Biden’s economic agenda of spending vast amounts of money is helping the economy. Seventy-three percent say Biden is doing too little to address the current economic conditions. Less than a quarter of respondents said Biden was doing just the “right amount.”
In 2021, Biden passed the costly $1 trillion infrastructure package and $1.9 trillion coronavirus package, which some economists say fueled inflation. Economists have predicted a 50/50 chance of a recession in the coming months and into 2023.
The Federal Reserve on Wednesday announced it was raising interest rates a half a percentage point to fight inflation. The fed has not raised interest rates to such a degree in more than two decades.
It’s still unclear how a failing economy will impact Democrats this November and in the next presidential election, but one question remains regardless:
Do you miss Trump yet?
Author: Ann Taylor