Biden’s Approval Hits New Low as Inflation, Gas Prices, and Unemployment Soar
The number is the lowest Biden has received since being sworn in
Joe Biden’s approval has hit a new low as recent polling shows just 42 percent of the survey’s participants approve of his job performance.
The number is the lowest Biden has received in an NPR/Marist poll since he was sworn into office.
According to NPR, voters’ top economic issue is as follows:
- Inflation 39 percent
- Wages at 18 percent
- Labor shortages 11 percent
- Gas prices and unemployment 9 percent
Fifty-two percent of Americans disapprove of Biden’s handling of the economy, while just 42 percent approve.
Biden had a 54 percent approval rating for the economy in April.
They surveyed 1,048 adults between Nov. 16 and Nov. 19, with a margin of 4.2 percentage points.
A report from the Labor Department confirmed inflation had reached a 30-year high this year, seeing an increase of g 6.2 percent in the 12-month period.
As the year draws to a close, the dismal numbers show how Biden has underperformed.
Democrats claim the public does not understand Biden's abilities or achievements.
Hillary Clinton told MSNBC that Americans don’t “appreciate” Biden's accomplishments.
"Democracy is messy. People got kind of frustrated looking at the messy process of legislation," she said.
"They didn’t really appreciate that within a year, the Biden administration had passed two major pieces of legislation through both the House and Senate.
"They’ve passed another major piece through the House that will soon be in the Senate.
"By any measure, those are extraordinary accomplishments, and they will help millions of Americans with health care and prescription drug prices, as well as climate change and so much else."
But despite Clinton's defence of Biden, Americans say inflation is negatively affecting them because of Biden.
Earlier this month, American multinational investment bank Goldman Sachs warned soaring inflation in Biden's economy is the greatest threat facing the U.S.
According to a new analysis from the bank, inflation will eclipse anything else, such as pandemic-induced lockdowns, as the primary threat to economic growth.
The report from Goldman Sachs states that the Federal Reserve will soon start hiking up interest rates as inflation continues to throttle America.
"Higher-than-expected US inflation recently prompted us to pull forward our forecast for Fed liftoff by a full year to July 2022," the report reveals.