Joe Biden’s approval ratings have been sinking in recent days, and many are left scratching their heads as to why this could be the case. As of June 7th, Reuters/Ipsos’s latest poll showed Biden with a low 41 percent approval rating from the American people. With concerns about the economy and inflation at the forefront of many voters’ minds, Biden’s policies are under the microscope.
When asked about this dip in the polls, White House economic advisor Heather Boushey attempted to explain away the situation, noting the progress made in getting Americans back to work due to the American Rescue Plan. “We’re up, I believe, $490 billion of private sector investment all across the country to do those investments in semiconductors and clean energy,” Boushey said.
However, co-host of CNBC’s Joe Kernen wasn’t buying the explanation and called Boushey out on the spot. Kernen asked her to explain why the people don’t seem “clued in” to Biden’s successes, as the polls work against him. “I don’t think you’d say that they don’t know how they feel about things, or that they’re incorrect in feeling concern or feeling like they’re having trouble making ends meet because of inflation.”
Wednesday, Biden delivered a speech dedicated to “Bidenomics.” With this, he and his administration are hoping to win back the people’s confidence and turn around his sagging polls. The reaction shown by the American people proved that Joe was dead wron—AGAIN!
Many Americans argue that Biden’s policies have only caused more economic hardship. As the Biden Administration rolls out its billions of dollars in investments in high-speed internet, they may have inadvertently overlooked the more pressing issues at hand – economic insecurity, rising prices and wages that are not keeping up with inflation. It appears that the more President Biden focuses on the economy, the lower his approval ratings go.
It seems that the American people are not convinced of Biden’s economic strategies. If anything, the polls indicate that the overwhelming majority do not agree with Biden’s approach and see rising prices as a direct consequence of his economic policies.