Majority of Americans Expect Economy to Get Worse Under Biden, Poll Finds
The mood of American adults is pretty low when it comes to Biden's presidency
Joe Biden has signed a record number of executive orders since he entered office, giving Americans a taste of what is to come under his presidency.
The crippling changes included his energy policy, which has already seen thousands of XL Keystone pipeline workers lose their jobs.
Biden is also re-entering the Paris Accord, which will be costly for America's jobs.
The mood of American adults is pretty low when it comes to Biden's rule.
Today, Biden's favorability stands at a net -5, and it has dipped as low as -7 since his inauguration.
The figures are extraordinary given the fact that Biden and his family are being propped up by the corporate media.
But despite the fawning media, Americans do not seem to be convinced.
According to a new Rasmussen poll, 54% of American adults say the economy will worsen over the next 12 months or remain the same.
Meanwhile, just 37% predict it will get stronger.
Following President Trump’s inauguration, 50% of Americans reported thinking the economy would be better in a year, the highest number recorded by Rasmussen since the company started.
Americans were correct four years ago, but are they now?
Only 21% and 27% of Republicans and unaffiliated Americans predict the economy will be stronger in a year.
President Biden on new jobs numbers: “At that rate it’s gonna take 10 years before we get to full employment. That's not hyperbole. That's a fact." pic.twitter.com/nlFGZ1JOEs— Breaking911 (@Breaking911) February 5, 2021
62% of Democrats, on the other hand, believe the economy will be stronger next year.
Also, add that Commerce secretary nominee, Rhode Island Governor Gina Raimondo, stating that raising taxes on all Americans may be required to fund infrastructure.
In a newly-released report, CBO analysts forecast that the number of out-of-work Americans — all of whom want full-time jobs — will not return to pre-pandemic levels until around 2024.
“As the economy expands, many people rejoin the civilian labor force who had left it during the pandemic, restoring it to its pre-pandemic size in 2022,” according to the CBO report.
“The unemployment rate gradually declines throughout the period, and the number of people employed returns to its pre-pandemic level in 2024.”
The CBO analysis projects that the unemployment rate will return to an average of about four percent between 2024 and 2025.
However, the unemployment rate hides the number of total Americans out of the workforce.
Biden, himself, admitted on camera that the U.S. would not be at “full employment” until 2031, according to Breitbart.
“That’s not hyperbole. That’s a fact,” Biden said.
No wonder Americans are expecting the worst.