President Joe Biden’s attempts to convince voters that he is excelling in handling the economy are falling flat. Despite his efforts to promote his economic agenda, only 36% of adults approve of Biden’s economic performance, according to a new Associated Press-NORC poll. This figure is lower than the overall 42% approval rating for Biden. It seems that the American people are not buying into his “Bidenomics” approach, which focuses on building the economy from the bottom up and the middle out.
Interestingly, among Democrats, the approval rating for Biden’s economic handling is higher at 65%. However, this still lags compared to the 76% who approve of his overall job performance. It’s clear that even within his own party, Biden is struggling to convince voters that he has a strong grasp on the economy.
Despite the unemployment rate falling to 3.5% under Biden, only 34% of adults believe the economy is in good shape. This perception is crucial, as the economy is expected to be a major point of contention in the 2024 election. Voters want to see tangible results, and so far, Biden’s economic policies aren’t cutting it.
In the 80's, dotard .@POTUS opposed every economic policy of Ronald Reagan's wildly successful "Reaganomics," and continuing in that vein of failure, Biden's dubbed his disastrous inflation-raising policies, "Bidenomics".
Voters aren't buying it.https://t.co/vqLsmp8xaA
— Brian Doherty (@BDOH) August 17, 2023
In a desperate attempt to overshadow the economic failures of his Republican predecessor, former President Donald Trump, Biden’s campaign is attacking Trump over a collapsed manufacturing deal in Wisconsin. The deal, which was supposed to deliver 13,000 jobs, never came to fruition. While this may be a valid criticism, it doesn’t change the fact that Biden himself is struggling to win over the public on his economic performance.
Overall, it’s clear that Biden is facing an uphill battle when it comes to convincing voters that he is the right person to handle the economy. With his approval ratings on the economy lower than his overall ratings, he has his work cut out for him. Americans want to see economic progress, and so far, they’re not seeing it under Biden’s leadership.