TIP - El-Erian Thinks Biden's Economic Woes Could Be Self-Inflicted As Trump Gains Ground In Voter Confidence | Benzinga
Economist Mohamed El-Erian weighed in on Sunday regarding poll results revealing a poor approval rating for President Joe Biden‘s economic policy.
What Happened: According to a survey conducted by the Financial Times-University of Michigan Ross School of Business combine, 42% of registered voters preferred Donald Trump over Biden as the best-suited candidate to steer the economy. In contrast, only 31% believed Biden would be a better bet, giving the former president an 11-point lead.
El-Erian commented on these findings, stating, “Given the number of #jobs created and the US #growth out-performance relative to both other countries and the consensus forecasts, many would have expected the management of the #economy to be a plus for the Administration.” However, he noted, “Instead, voters continue to ...