Uptick in positive ratings of the U.S. Economy is not Boosting Biden
Category: News & PoliticsVia: robert-in-ohio • 4 weeks ago • 55 comments
By: Josh Boak, Associated Press and Emily Swanson, Associated Press
Yet another article that belies the link between a slightly improving economy and any increase in the approval of the Biden administration.
Inflation has come down, new jobs have been created, the cost of gasoline is down ......but the cost of living for the average American is still way too high rent, interest rates, the cost of groceries, the cost of automobiles etc etc
Stocks are near record highs. Growth was surprisingly strong last year. And once-hot inflation has begun to cool. But so far, U.S. adults are feeling only slightly better about the economy.
A new poll from The Associated Press-NORC Center for Public Affairs Research finds that 35 percent of U.S. adults call the national economy good. That’s an uptick from 30 percent who said so late last year and up from 24 percent who said so a year ago . While 65 percent still call the economy poor, that’s also an improvement from a year ago, when 76 percent called it poor.
he evidence of a stronger economy has yet to spill over into greater support for Biden. The new poll puts his approval rating at 38 percent, which is roughly where that number has stood for most of the past two years. Biden’s approval rating on handling the economy is similar, at 35 percent.
Respondents interviewed for the survey often expressed their views on the economy through a personal lens. Some judged it based on their grocery bills and prices at the gasoline pump. Others assessed the economy based on their appreciating investments. Housing prices mattered, and so did job prospects for their adult children and the upward trajectory of the federal debt.
he poll of 1,152 adults was conducted Jan. 25–29, 2024, using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 4.0 percentage points.
Discuss the article, not others who offer comments
Rip Biden, Rip Trump, Rip Independent Candidates and Rip the FED, but be civil in your commentary
Let's have a little fun with this