The United States of America is in a state of disarray under the Biden administration. With billions of dollars being sent to Ukraine and the destruction of U.S. energy independence, it is no surprise that Americans are feeling the effects of economic pessimism. According to an ABC News/Washington Post poll, 40% of Americans believe their financial situation has worsened since Biden took office. This is the highest percentage in 37 years of ABC News/Washington Post polls, with only 6% of respondents reporting being better off, compared to 25% under former President Trump.
ABC POLL: "40% say they are worse off financially than they were two years ago — the most negative response to that question in nearly 40 years." pic.twitter.com/yEACnb53SK
— RNC Research (@RNCResearch) February 5, 2023
The poll also revealed that 60% of self-identified Democratic adults don’t want Biden to run in 2024, while half of Republicans expressed disinterest in a potential nomination of former President Trump. In a hypothetical election poll, Trump would receive 48% of the vote, while Biden would secure 44%. The numbers are slightly different among registered voters, with Trump receiving 48% and Biden receiving 45%.
Biden’s approval rating has steadily declined throughout 2022 due to soaring inflation and the sentiment was reflected in various polls leading up to the midterms showing voters had more trust in Republicans to manage the economy. An August ABC News/Ipsos poll recorded the highest level of economic pessimism since 2008.
Biden’s presidency has gone from one disaster to another, most recently with his response to the Chinese spy balloon, which he later tried to claim victory after it was shot down. Biden allowed the Chinese spy balloon to travel across U.S. territory without doing anything, prompting criticism from House Homeland Security Committee Chairman Mark Greene (R-NC) and House Foreign Affairs Committee Chairman Michael McCaul. Greene said it was “indefensible that this threat was eliminated only after great public outcry and the damage to U.S. national security and American sovereignty was already done” and McCaul said Biden should have “taken care of this before it became a national security threat.”
The current state of affairs in America under the Biden administration is dire and the economic outlook is bleak. The ABC News/Washington Post poll revealed that 40% of Americans believe their financial situation has worsened since Biden took office, the highest percentage in 37 years of ABC News/Washington Post polls. This sentiment is further reflected in various polls leading up to the midterms showing voters had more trust in Republicans to manage the economy and an August ABC News/Ipsos poll recorded the highest level of economic pessimism since 2008. Biden’s response to the Chinese spy balloon further demonstrated his lack of leadership and inability to protect U.S. national security and American sovereignty. It is clear that Americans are worse off financially than they were two years ago and it remains to be seen how Biden will address these issues going forward.
The preceding article is a summary of an article that originally appeared on Daily Fetched