In Brief: When People Hear ‘Bidenomics’…
The president has embraced the term, but most people think higher inflation and tax increases.
Joe Biden has really leaned into Bidenomics lately, running around the country touting his “success” with it. But voters know the score, and it ain’t good. Tim Meads of The Daily Wire explains:
President Joe Biden can call his economic policy whatever he wants — Bidenomics is the latest catchphrase — but a new poll shows the majority of the American people sum up the state of the economy in one or two words: “Struggling” and “Uncertain.”
That’s according to a CBS News/YouGov poll taken June 26 — June 28 and surveying more than 2,000 U.S. adults. Sixty-one percent of Americans said the word “struggling” described the economy, 56% said “uncertain,” 36% said “unfair,” 27% said “punishing.” Meanwhile, just 15% said it could be described as “rebounding,” and 11% said it could be described as “expanding.”
The poll also indicates that 70% of U.S. adults say that their salary is not keeping up with inflation. Meanwhile, 65% said they would rate the U.S. economy as very bad. Fifty-eight percent say that it’s getting worse.
Most adults are dissatisfied with the way Biden has handled the economy. The president has a measly 34% approval rating on the economy.
So, why is the president bragging about what a great job he’s done? He’s hoping that the Leftmedia will cover for him, for one thing. And for another, there are enough good metrics that he thinks he can pull the wool over voters’ eyes. Job numbers are decent, GDP is mildly healthy, inflation is slowing. But they’re a long way from what they ought to be.
Of course, most Americans know that the pain they feel in their wallet isn’t imaginary. In fact, it especially hits them at the “kitchen table” where they are reminded every night that the cost of their food just keeps going up year after year.
In terms of getting his message “out there,” only 41% of U.S. adults have even heard about Bidenomics. Of those who have, 50% said “higher inflation” comes to mind while 49% said they think of “tax increases” when they hear the term, CBS reported.
Based on the polling feedback, Meads concludes:
In other words, Biden can call the economy whatever he wants — but the facts speak for themselves. We’re all “struggling” under Bidenomics.
