The outcome of the US presidential election next year, like most before it, will almost certainly turn on domestic economic conditions, or, more precisely, on perceptions of economic conditions. And recent polling suggests that the disconnect between perception and reality may be President Joe Biden's biggest problem.
BERKELEY – US President Joe Biden and his team get little credit for their management of the American economy. Aware that the 2024 presidential election, like most, will turn on economic conditions, or perceptions of economic conditions, the president has taken to the hustings, repeating his mantra that “Bidenomics is working.” But while Bidenomics may be working, the message is not. A CBS/YouGov poll conducted between July 26 and 28 gave Biden just a 34% approval rating on the economy.
BERKELEY – US President Joe Biden and his team get little credit for their management of the American economy. Aware that the 2024 presidential election, like most, will turn on economic conditions, or perceptions of economic conditions, the president has taken to the hustings, repeating his mantra that “Bidenomics is working.” But while Bidenomics may be working, the message is not. A CBS/YouGov poll conducted between July 26 and 28 gave Biden just a 34% approval rating on the economy.