A recent survey by McLaughlin & Associates has cast a harsh light on the economic sentiment in the United States, revealing a stark reality for many Americans under President Joe Biden’s administration. A majority of likely general election voters express discontent with Biden’s performance, with a significant 56 percent disapproving of his job, including a notable 40 percent who strongly disapprove. Particularly among independents, Biden’s approval is floundering, with 58 percent disapproving of his performance.
The March survey illuminates the troubling state of “Bidenomics,” with 46 percent holding an unfavorable view. The public perception leans towards viewing Biden’s economic policies more as “big government socialism” (43 percent) rather than “free market capitalism” (35 percent). This sentiment is even more pronounced among independents, with 44 percent associating Biden’s policies with socialism.
At the heart of the economic discourse is the impact of inflation and rising costs on everyday Americans. The survey posed a critical question regarding how these economic pressures have affected individuals and households. An overwhelming 83 percent of respondents indicated that inflation in Biden’s America has impacted them. Alarmingly, half of the respondents admitted they are “struggling to keep up and afford basic necessities,” a clear indication of the financial strain many are experiencing.
Across political lines, the impact of inflation is felt broadly, but it’s particularly acute among certain demographics: 41 percent of Democrats, 57 percent of Republicans, and 53 percent of independents report struggling to afford basic necessities.
The survey, conducted between March 9 and 14, encompassed 1,000 likely voters, painting a grim picture of the economic landscape under Biden’s leadership. The findings resonate with concerns raised by former President Donald Trump, who recently warned of the nation’s dire state under Biden’s economic policies. Trump criticized the administration for contributing to international disrespect, inflation, and energy crises, framing the upcoming election as critical for the country’s future.
As America navigates these turbulent economic waters, the McLaughlin & Associates poll serves as a potent indicator of the public’s growing apprehension and dissatisfaction with the current economic trajectory under President Biden’s administration.