According to a Reuters/Ipsos poll released on Thursday, President Joe Biden’s economy has been Americans’ top worry for 43 weeks in a row.
Americans are most concerned about the economy (33%), followed by crime (11%), the environment (6%), terrorism (5%), and immigration (5%).
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The polling illustrates Biden’s economic management, which has been responsible for 40-year high inflation, skyrocketing gas prices, rising housing expenses, and declining real wages.
The Fed has raised interest rates to address several of these issues, which might cause the economy to slow down even more and send the country into a recession.
The U.S. economy will experience a recession by 2023, according to economists at Nomura Holdings Inc.
The Ipsos survey also revealed that Biden’s approval rating dropped to its lowest level ever, 35%. However, the survey does not reflect Biden’s administration at its worst. According to a Civiqs poll conducted on Sunday, Biden has a 30% approval rating.
However, since the tragic pullout from Afghanistan, which left thousands of Americans stuck behind enemy lines and resulted in the deaths of 13 American soldiers, Biden’s support ratings have hovered below 50%.
Since the pullout, Democrats are supporting Biden less. As per Civiqs, only 64% of Democrats on Thursday approved of Biden, down from 88% since last July. Since August, Biden’s approval rating has fallen from the upper 80s.
A total of 1,003 adults participated in the Reuters/Ipsos survey, which had a four percentage point margin of error. Democrats (437) made up a larger portion of the sample than Republicans (377).