Most Americans are dissatisfied with the direction of Biden's economy
If you choose the consumer sentiment measure you found, the measurements will be the same. The Biden economy stinks.
of wall street journal found About last year Less than a quarter of consumers say the economy is heading in the right direction. The University of Michigan Consumer Sentiment Index has rebounded from its 2022 lows, but its December reading of 69.7 is nearly 30 points below its last pre-pandemic reading. The Conference Board's Consumer Confidence Index shows that consumers are similarly depressed under the Biden administration, at least when compared to the Trump era.
Latest consumer research from Rasmussen Polling Institute show it's just 34% of Americans expect the economy to improve And 44% say their lives are worse now than they were a year ago. Only 23% said their lives are better now than they were a year ago.Fannie Mae Survey Shows Americans Are Remaining “Overwhelmingly pessimistic” About the housing market. Only 17% of Americans say it's a good time to buy a home.
of economist/YouGov poll According to a mid-December survey, 26% of Americans described the state of the economy as “fair” and 42% as “poor,” for a total of 68% with a negative rating. Only 9% said the economy was excellent, 21% said it was good, and just 30% gave it a positive rating. To state the obvious, it is More than twice as many Americans have negative reviews More than a good review.
The same poll found that 47% of Americans say the economy is worsening. Christmas cheered no one up. economist/A YouGov poll conducted after Christmas found that 49% of people said the economy was getting worse.
The most important issue of 2024: It's the economy, idiot.
This is not something Americans take lightly. 96% of Americans say the economy and jobs are very important issuesby economist/YouGov poll. We give equal weight to inflation. Inflation may actually be more important, as 77% of people say inflation is “very important” and 71% say “jobs and the economy” is “very important.” There is a gender.
Let's compare that to other issues. climate change It receives an important rating from just 71% of Americans. abortion This number is ranked as important by 77 percent, as this issue is important to pro-life Americans and anti-post-life opponents.dobbs Abortion law amendment. criminal justice reform important to 84% and right next to civil rights at 85 percent, and civil liberties 87 percent (these can also be high scores, as they mean very different things to different people). gun 86%, boosted by the fact that it is important to both gun rights supporters and opponents.
immigration That's 88 percent. education90 percent. crime considered important by 93 percent of Americans, economist/YouGov Opinion polls suggest that rather than supporting an increase in crime, those involved probably think there is too much crime. health care The score is important to 94% and is equal to: tax and government. international security It is second only to inflation and 95% of the economy.
the important thing is, No issues other than the economy/employments and inflation are rated as “very important” by more than 70% of Americans.. Health care is close behind at 68 percent, followed by national security at 67 percent, taxes and government at 64 percent, and crime at 62 percent. Other issues are considered very important by less than 60 percent of Americans.
There is also that important differences When it comes to issues of employment and inflation. As I suggested above, there are some issues that rank high because people with very different political beliefs think they are important. Abortion, guns, and immigration are important to people on opposite sides of the issue. Even national security is likely to be reinforced in the rankings, as it is important to both interventionists and America First.
Inflation is not like that. Everyone who cares about inflation wants to reduce it. The jobs are similar, but also the opposite. Everyone who values work wants more employment.
When an American asks your name the single most important issue For them, by far the largest proportion (17%) cited inflation. 12% cited jobs and the economy. The total of 29% is more than education, climate change, and health care combined.
Democratic panic begins
I can see why the Democratic Party is like this. I'm starting to panic about this year's presidential election.. Fifty-nine percent of Americans say they disapprove of Biden's handling of inflation, including 46% who strongly disapprove. Only 32 percent said they agreed and just 14 percent strongly agreed. Biden's disapproval rating was less extreme when it came to jobs and the economy, with 51% disapproving (37% strongly disapproving). This puts the bill closer to crime (53% disapprove, 38% strongly disapprove) and criminal justice reform (52% disapprove, 34% strongly disapprove).
The Biden administration and its allies' response to public concerns has been less about changing policy and more about trying to convince Americans that they are simply wrong about the economy. To do this, set the policy tobidenomicsThis tactic was such a failure that the Democratic Party quietly dropped the policy, and some have even referred to it privately. Most disastrous product launch since New Coke.
Recently, Biden reprimanded the press. Because he could not convince the people to love the Biden economy. Asked by reporters late last year about the economic outlook, Mr. Biden replied, “Everything is good.”
“Look. Start reporting the right way,” he said.
We have no doubt that the establishment media will do whatever it takes to convince the public that the economy is doing well and that Bidennomics is a huge success. So will many academic economists and many others who work at the Federal Reserve and have bought into the apocalyptic rhetoric that “our democracy” is threatened if Biden does not win in November.
Unfortunately for Biden; The world is not just about will and expression.. There are fundamental realities that Americans have access to in their lives, especially regarding the impact that inflation has had on their ability to have a decent quality of life.
It is not the press that is worsening the economic situation of Americans. It's the economy, idiot.
