In a recent poll conducted by Fox News, it was found that a majority of voters are feeling the financial heat under President Joe Biden’s leadership. The data showed that a whopping 52 percent of respondents stated that they are “worse off” financially since Biden assumed office, a substantial 25-point increase from when he first took the reins in 2021.
Poll: Majority Are ‘Worse Off Financially’ Under Joe Biden, Up 25 Points Since 2021https://t.co/KSmZFyzJGe
— MAGA War Room (@MAGAIncWarRoom) March 28, 2024
The surge in prices across the board, reaching nearly 20 percent, has hit hard-working Americans in their wallets. Gas prices have skyrocketed by approximately 48 percent since Biden took office, adding insult to injury for many struggling families.
When asked whether they were better off, worse off, or about the same financially compared to four years ago, only 22 percent claimed to be better off, while a staggering 26 percent felt about the same. This worrisome data means that a concerning 52 percent of respondents expressed feeling worse off financially, which is a substantial jump from the 27 percent who felt the same way under former President Donald Trump.
The numbers don’t lie. The contrast between the polls from 2021 to 2024 paints a compelling picture. There was a significant negative shift in the percentage of voters who felt “about the same” financially under Biden’s leadership. The data clearly shows that many who previously felt financially stable have now shifted to feeling “worse off” during the four-year period.
To add to Biden’s political woes, a CNBC poll revealed that he is trailing far behind Trump on crucial issues. Comparatively, on matters such as immigration, taxes, the overall economy, China, crime, and inflation, Trump holds a significant lead over the current administration. Additionally, Biden’s approval rating stands at a lackluster 41 percent, falling short of the historically crucial 50 percent threshold for incumbents to secure reelection.
With inflation hitting Americans in their pocketbooks and a significant portion of the population feeling financially worse off under Biden’s tenure, the current administration is facing an uphill battle in terms of public sentiment. It’s evident that many Americans are unhappy with the state of their finances under Biden’s leadership, and it remains to be seen if the administration can turn the tide before the next election.