Nearly three-quarters of Americans believe the United States is headed in the wrong direction under Joe Biden’s presidency, according to another bad poll for the president ahead of the mid-term election.
Despite struggling with low approval ratings for most of his first term in office, Biden’s popularity has experienced a deep decline in recent months due to increasing pessimism towards the economy.
Now as many as 74 percent of Americans say the country is on the wrong track, while only 21 percent believe the country is headed in the right direction, according to a new NBC News survey.
It found that more than half of respondents – 58 percent – feel “more concerned that America’s best years may be behind us,” and only 35 percent believe that the best years are yet to come.
According to the poll, their main concern was the economy – 68 percent of respondents believe the United States is already in recession, despite Biden’s statements that the economy will rebound after the country’s inflation rate hit a 40-high level in June. years level. .
In total, the poll found 55 percent of Americans disapproved of the president’s work, while only 42 percent disapproved.
This is bad news for the president as he is trying to spur his voting base for the Democrat-controlled Congress in November.
New NBC poll shows more than half of Americans do not approve of President Joe Biden’s work while in office
Nearly three quarters of those polled said the US is now headed in the wrong direction
The economy continued to pose a serious problem for the 1,000 Americans polled by NBC News from August 12 to 16.
Over the past few months, inflation has been consistently above the healthy 3.6 percent unemployment rate as the focal point for Americans who are struggling with particularly sharp spikes in gasoline and food prices.
The average cost of consumer goods rose to 8.5 percent in July, after reaching 9.1 percent, the highest in 40 years, in June.
According to Moody’s Analytics economist Mark Zandi, who studied the latest US government price data, homeowners now spend nearly $ 493 more each month to buy the same items they bought a year ago.
He called it “a big deal for a household earning about $ 60,000 a year.” The median household income in the US is $ 67,521.
The situation has since forced more Americans to seek help from food, with the national charity Feeding America reporting that 45 percent of food banks saw an increase in demand, typically 10 percent more beneficiaries asking for help.
The poll now shows that 56 percent of Americans do not agree with the president’s approach to the economy, while 40 percent still seem optimistic.
And when asked for their views on the newly passed law to reduce inflation, many voters (36%) said they thought the legislation would not change their lives, while another 35% said it would make their situation worse personally.
Only 26 percent of those polled said that the new law would be beneficial for them.
One of the main concerns for those polled was the economy, with 56 percent saying they disagree with Biden’s approach to the economy
Sixty-eight percent of 1,000 Americans polled said they believe the United States is already in recession despite the president’s statements
The Inflation Reduction Act, with a total expenditure of $ 437 billion, could save some households by reducing the cost of prescription drugs for the elderly, increasing health insurance subsidies, and lowering energy prices.
However, in recent weeks, the question has arisen as to whether this will actually lower the domestic inflation rate.
The Congressional Budget Bureau said that “passing the bill would have little effect on inflation,” and the University of Pennsylvania stated that “the impact on inflation is statistically indistinguishable from zero.”
However, this will cut the deficit by around $ 300 billion over the next decade, and some argue that a lower deficit means lower inflation.
Jason Furman, who was economic adviser to President Barack Obama, wrote in The Wall Street Journal: “Deficit reduction almost always lowers inflation.”
An Associated Press factual analysis found that “theoretically lower deficits could lower inflation. This is because lower government spending or higher taxes that help reduce the deficit reduces the demand in the economy, thus reducing the pressure on firms to raise prices. “
When asked about the effects of the act on reducing inflation, most respondents replied that it would either make no difference or worsen the situation
The president is now expected to promote a bill to reduce inflation in the White House on September 6.
Cabinet members will also travel to 23 states on more than 35 trips to promote the bill alongside other Biden victories, which include the signing of the Burn Pits Act and the CHIPS Act, killing al-Qaeda leader Ayman al-Zawahiri, and dropping gas prices below $ 4. .
The journey, dubbed the Building A Better America tour, will continue this fall in the run-up to the November elections.
Biden previously claimed that his decline in popularity was due to the rise in gas prices that began a year ago.
Prices rose even more after Russia’s invasion of Ukraine in February, he said. However, he rejected claims by Republican lawmakers and some major economists that his $ 1.9 trillion coronavirus aid package last year contributed to inflation, noting that the rise in prices was a global phenomenon.
“We are in a stronger position than any nation in the world to overcome this inflation,” said Biden. “If it’s my fault, why is inflation in every other major industrialized country in the world higher?”
Biden’s approval has been slowly declining for months due to economic concerns
But it looks like Americans have been disappointed in Biden for months.
Average approval from the president dropped below 50 percent in mid-August, according to interviewer FiveThirtyEight.
His disapproval rating passed that threshold at the end of October.
Meanwhile, Republicans tout a series of internal polls that show several rival bloodline races are moving their way, and the GOP is being favored to regain control of the lower house.
But the Senate is a more difficult task for the Republicans, and may remain in the hands of the Democrats.
The FiveThirtyEight poll average for the overall vote in the 2022 election puts Democrats and Republicans in a draw of basically 43.8 percent to 43.4 percent.
An independent voter, often also referred to as a non-attached voter or a non-attached voter in the United States, is an voter who is not allied with a political party.
What are the 4 political parties in the US?
The Democratic Party and the Republican Party are the most powerful. However, other parties such as the Reform, Liberties, Socialist, Natural Law, Constitution and Greens parties can promote candidates in the presidential election.
What are the main political parties? A political party is made up of people who organize themselves to win elections, to govern and influence public policy. The Democratic and Republican parties are the main parties in Congress today. This may interest you : The Texas GOP has adopted a resolution rejecting the 2020 election results. Learn more about the divisions of political parties in the US Senate.
How many political parties does the US have?
There are over 420 registered political parties in the United States, representing a wide variety of mixed political viewpoints.
What are the 4 major political parties?
Today America is a multi-party system. The Democratic Party and the Republican Party are the most powerful. To see also : Inflation and the Full Faith and Credit of the United States. However, other parties such as the Reform, Liberties, Socialist, Natural Law, Constitution and Greens parties can promote candidates in the presidential election.
What are the 4 minor parties in the US?
The smaller parties in the US are the Libertarian Party, the Green Party, the Constitutional Party, and others that have less influence than the main parties. On the same subject : 5 facts about political tweeting in the US. Since the Civil War (1861-1865), the Republican Party and the Democratic Party have been the main parties.
What are non political people called?
The Collins English Dictionary defines apolitical as “politically neutral; without political attitudes, content and prejudices ”.
What word does “non-political” mean? Definitions of apolitics. adjective. not political. Synonyms: apolitical, apolitical.
What is the name for someone who is apart of no political party?
Nonpartisanism is the lack of belonging to a political party and the lack of prejudice against it.
What does it mean to be politically neutral?
If a person or country takes a neutral position or remains neutral, they are not supporting anyone in a dispute, war or dispute.
What do you call someone who is political?
Politicians are politically active people, especially in party politics. Political positions range from local governments to state governments, federal governments, and international governments. All government leaders are considered politicians.
How is a political party recognized?
In general elections to Lok Sabha or the Legislative Assembly, the party collects 6% of the votes in four states and wins 4 Lok Sabha seats from any state or states; or. A party is recognized as a State Party by at least four states.
What are the 4 main political parties? Today America is a multi-party system. The Democratic Party and the Republican Party are the most powerful. However, other parties such as the Reform, Liberties, Socialist, Natural Law, Constitution and Greens parties can promote candidates in the presidential election.
What are the three main components of a political party?
The three components of the party: 1. Leaders, 2. Active members, 3. Supporters.
What makes up a political party?
A political party is made up of people who organize themselves to win elections, to govern and influence public policy. The Democratic and Republican parties are the main parties in Congress today.
How are parties formed?
During the struggle to ratify the federal constitution of 1787, political factions or parties began to form. The annoyance between them grew as attention shifted from forming a new federal government to the question of how powerful this federal government would be.
