The economy continues to be priority number one for the American voter as Joe Biden’s approval rating on the issue hits a new low. A new poll finds that over two-thirds of Americans believe the economy is worsening under Biden’s leadership, with only 12% confidence that it has improved.
Hannah Demissie; August 7, 2022
With the midterm elections three months away, Americans maintain a sour view on the state of the economy and are pessimistic about its future course, with President Joe Biden’s approval rating across a range of issue areas continuing to suffer, according to a new ABC News/Ipsos poll.
More than two-thirds (69%) of Americans think the nation’s economy is getting worse — the highest that measure has reached since 2008, when it was 82% in an ABC News/Washington Post poll. Currently, only 12% think the economy is getting better and 18% think it is essentially staying the same.
Americans’ views of Biden’s handling of the economic recovery remain overwhelmingly negative — and are virtually unchanged from the same poll in early June, with only 37% of Americans approving of the job the president is doing and 62% disapproving in the latest ABC News/Ipsos poll, which was conducted using Ipsos’ KnowledgePanel.
The president’s rating on inflation is even worse, with 29% of Americans saying they approve, while 69% disapprove. This number is also unchanged since June.
The only area where Biden sees some improvement in this poll is on his handling of gas prices. Just over one in three Americans (34%) approve of the president’s handling of gas prices — up seven points since June.
This comes as the country has seen the average cost for a gallon of gas come down — price drops celebrated by the White House.
The low confidence in Biden’s handling of the economy and inflation comes on the heels of Friday’s jobs report, which showed that 528,000 jobs were added in July, according to the Bureau of Labor Statistics. Americans also saw the unemployment rate go down to 3.5%.
In a statement released Friday, Biden touted the July jobs report, saying that it shows that his administration is “making significant progress for working families.”
When asked how enthusiastic they were about voting in November, the poll found that 75% of Republicans are either very or somewhat enthusiastic about voting, compared to 68% of Democrats and 49% of independents. In ABC News/Ipsos polls conducted in April and June this year, Republicans were more likely to report that they were very enthusiastic about voting than Democrats. That gap has narrowed to five points in this August poll.
There are other glimmers of hope for the Democrats in the latest ABC News/Ipsos poll when it comes to the potential impact abortion could have on how voters cast their ballots this November.
The poll asked voters which candidate they would support if one favored keeping abortion legal and available and the other candidate supported limiting abortion except to protect the mother’s life. About half of Americans (49%) would be more likely to support the candidate who would keep access to abortion legal compared to the 27% of Americans who would be more likely to support the candidate who favors limiting abortion. Meanwhile, 22% of Americans say that abortion would not have an impact on how they would vote.
This comes after voters in the deep red state of Kansas voted to preserve the right to an abortion in the state’s constitution, shocking the country in the first state-level test since the Supreme Court overturned Roe v. Wade.
In a statement from Biden on the defeat of Kansas’s abortion amendment, he called on Congress to “listen to the will of the American people and restore the protections of Roe as federal law.”
Photo: Evan Vucci/AP