President Joe Biden will seek to relaunch negotiations on his signature Build Back Better social spending program in the new year, but he isn't getting any help from the public's perception of his economic chops.
A new poll from CNN and SSRS showed only 44% of respondents approved of Biden's "economic performance," with 55% disapproving. That -9-point differential on the economy marks the low point for a president in his first year since former President Jimmy Carter. Furthermore, CNN claims that Biden's average net economic approval when looking at all polls taken in December is even worse, coming in at -13.
For comparison, Biden's two predecessors, former Presidents Barack Obama and Donald Trump, both clocked in with a -4 point economic approval differential at this point in their first year in office. Furthermore, the average economic approval differential in the history of CNN's poll on the subject is +5 at the end of a president's first year in office.
Oddly enough, Biden's economic policies themselves, including those such as the American Rescue Plan and bipartisan infrastructure bill that he's already signed into law, poll extremely well when viewed individually, something White House senior officials frequently note. --->READ MORE HERE
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President Joe Biden’s economic ratings have sunk to lower net ratings than former President Jimmy Carter in the first December of his presidency, a CNN/SSRS poll found.
The poll found that Biden holds a 45% approval rating and a 54% disapproval rating among registered voters on the economy, down from a 51% approval rating in August and September. The survey’s results add up to an overall -9 point net approval rating, while the average of all polls taken in December gives the president -13 points for his economic performance.
The poll also found that only 30% said Biden’s policies have improved economic conditions, while 45% responded that conditions have worsened. The poll surveyed 1,256 respondents ages 18 or older via web and phone between Dec. 18-12 with a 3.7% margin of error.
Inflation hit its highest numbers in nearly four decades with the Consumer Price Index (CPI) increasing 0.9% in November and the inflation indicator’s year-over-year increase to 6.8%. Food prices rose by a staggering 6.1% and energy by 33.3% in the past year.
The American Automobile Association reported that gas prices have more than doubled in comparison to the previous year. California faced its highest gas prices since 12, averaging at $4.682 per gallon in mid-November. --->READ MORE HEREFollow links below to related stories:
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