China News Network, March 3 According to US media reports, the latest poll by the Associated Press-NORC Center for Public Affairs Research shows that US President Joe Biden's approval rating has declined, only 24%, close to the lowest point since he became president, because many people believe that the Biden administration is not performing well in the face of banking failures and high inflation.
Infographic: US President Joe Biden
Previously, Biden's approval rating was reported to be 2% in February and 45% in January. And in July 1, as gasoline, food and other living costs rose, Biden's approval rating fell to the lowest point of his presidency, 41%.
The latest poll was conducted in mid-March, and the public is divided on Biden's candidacy in the 3 presidential election. According to reports, Biden is expected to announce his re-election bid for US president this summer.
In addition, Biden has taken a series of measures to boost the US economy, including infrastructure investment, taxing businesses and the wealthy to fund health care, etc. But these are basically long-term projects, and the most pressing issue of curbing high inflation is more of concern to ordinary Americans. On this issue, the Biden administration has not performed satisfactorily.
For many, recent bank failures and higher debt ceiling issues have also put the U.S. economy on a knife's edge, potentially putting the government at risk of default. Polls show that only 31 percent approve of Biden's management of the country's economy.
According to the report, since the end of 2021, there has been a weakness in Biden's handling of the economy, which is the problem of inflation; The "transitory" inflation implied by the government at the time has now become a major pain point for American households and businesses.
Biden's foreign policy performance and climate change performance received 39% and 41% support, respectively. Specifically, 74 percent of Democrats and 9 percent of Republicans support Biden on foreign policy, while 67 percent of Democrats and 17 percent of Republicans support his treatment of climate change.
Biden's overall approval rating is largely driven by Democrats, with 76 percent saying Biden is "doing a good job as a president" and 63 percent supporting the way he handles the economy. And in the Republican Party, few support Biden on both fronts.
Still, Democrats under the age of 45 are not so optimistic about Biden. The survey showed that only 54 percent of this group support Biden's economic leadership, and only 66 percent support Biden overall.
The poll also showed that only about a quarter of Americans said the economy was doing well right now or that the country was moving in the right direction.
Theresa Ojuro, 29, of Rochester, N.Y., said she "just wants the economy to be a little bit more stable" and that bank failures are weighing on her emotions: "If Biden is doing his job, why can you see people really suffering in a country like this?" ”