According to a recent poll conducted by SSRS for CNN, over half of U.S. adults believe that President Biden’s policies are negatively impacting the economy. Out of those surveyed, 58 percent stated that Biden’s policies have worsened economic conditions, while only 24 percent believed his policies have improved the economy. Another 18 percent said that the president’s policies have had no effect on the country’s economic conditions.
The poll also revealed that President Biden’s approval rating has dropped to 38 percent, the lowest point since the poll began tracking his performance in March 2021. Additionally, 58 percent of respondents have an unfavorable impression of the president, while 45 percent believe that he cares about people like them.
Criticism of the Biden administration’s economic policies has grown due to persistent inflation over the past two years and increasing interest rates from the Federal Reserve. Many voters report feeling little relief at home. Despite this, the White House has been highlighting Biden’s “Bidenomics” plan, emphasizing increasing wages, rising job satisfaction, and the restoration of union pensions. Biden has also claimed that inflation is at its lowest point in over two years, citing the Inflation Reduction Act as a noteworthy achievement.
During a Labor Day event in Philadelphia, President Biden praised American workers and stressed the importance of organized labor while also criticizing former President Trump’s record. These remarks followed the release of a jobs report that showed the U.S. added 187,000 jobs in August, but the unemployment rate rose to 3.8 percent.
The CNN Poll was conducted from August 25-31 and surveyed 1,503 adults. The margin of sampling error for the poll was 3.5 points.