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home / articles / TIP - Biden Vs. Trump: Incumbent Fails To Win Voter Confidence To Steer Economy As New Poll Identifies Inflation As Major Pushback | Benzinga


TIP - Biden Vs. Trump: Incumbent Fails To Win Voter Confidence To Steer Economy As New Poll Identifies Inflation As Major Pushback | Benzinga

Bidenomics has not cut much ice with the American voters, with new poll results published on Sunday showing that voters’ approval of President Joe Biden’s economic policies took a further dent.

Approval Rating Slips: Merely 39% of the respondents said they strongly/somewhat approved of Biden’s handling of the economy, down a percentage point from the April poll, data from FT-Michigan Ross’ nationwide poll conducted between May 2-6 showed. The poll surveyed 1,003 respondents and has a margin of error of +/-3.1%.

The proportion of respondents who said they strongly/somewhat disapproved of the president’s handling of the economy rose from 64% in April to 68% in May.

After seeing a nice four-point tick-up to 43% in April, the approval rating for Biden’s handling of his job as president edged down a point to a net of 42% in May. The net disapproval rating was at 56%, up from 53% in April. FT said the approval rating will make for a “depressing reading among the White House's incumbents.”

What’s Behind Disgruntlement: The bulk of the negativity revolved around something Biden often flaunts as his achievement. A majority of respondents rate their personal financial situation and the overall economic conditions negatively.

  • A net of 56% of the respondents said they were surviving (just meeting expenses/having trouble ...

Full story available on Benzinga.com

Stock Information

Company Name: iShares TIPS Bond
Stock Symbol: TIP
Market: NYSE

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