Economic worries could cost Biden some of his 2020 supporters, poll shows

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Economic worries could cost Biden some of his 2020 supporters, poll shows
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The results point to a lack of enthusiasm for President Joe Biden. Read more at straitstimes.com.

WASHINGTON – Many Americans who voted for US President Joe Biden in 2020 say they believe the economy has fared poorly under his stewardship, and that they may not vote for him in the 2024 election, according to a new Reuters/Ipsos poll.could be on track for a rematch in 2024 against his old foe, who leads the Republican nomination contest.

The poll results underscore a dynamic White House officials are fighting to reverse with visits in August to towns across the country to raise awareness of Mr Biden’s efforts to help the economy. Most of Mr Biden’s 2020 voters in the poll – 78 per cent – said they approved of his performance as president, well above his 40 per cent approval rating among all respondents.Among those who do not approve of his performance, respondents were roughly twice as likely to say inflation was America’s biggest problem, compared with the 2020 Biden voters who said the president is doing a good job. Those who approve of Mr Biden put relatively more emphasis on the dangers of political extremism.

US households have struggled with the most severe inflation in decades under Mr Biden, though the rate of price increases has recently fallen sharply. Economic growth has been modest, though the unemployment rate has fallen to its lowest levels in decades.One administration official said measures of consumer sentiment pointed to increased optimism, as has previous Reuters/Ipsos polling showing that people expecting their own finances to improve outnumber those who expect them to deteriorate.

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