Administration

58 percent in new poll say Biden’s policies making economy worse

President Joe Biden speaks in the State Dining Room, Wednesday, Sept. 6, 2023, at the White House in Washington. (AP Photo/Jacquelyn Martin)

More than half of U.S. adults believe President Biden’s policies are making the economy worse, according to a new poll. 

The CNN poll, released Thursday and conducted by SSRS, found 58 percent of U.S. adults surveyed believe Biden’s policies have worsened economic conditions in the country, in comparison to 24 percent who believe his policies improved economic conditions. Eighteen percent said the president’s policies had no effect on the country’s economic conditions.

The poll also found Biden’s approval rating dropped to 38 percent, the lowest point since the poll began surveying his performance in March 2021. 

Fifty-eight percent said they have an unfavorable impression of the president, while 45 percent said he cares about people like them.

Stubborn inflation over the past two years and increasing interest rates from the Federal Reserve have prompted criticism of the Biden administration’s economic policies as voters report feeling little relief at home.  

The White House has continued in recent weeks to tout his so-called “Bidenomics” plan. Earlier this week, the president penned an op-ed in the Milwaukee Journal Sentinel, pointing to increasing wages, rising job satisfaction and restoring union pensions. 

Biden also claimed inflation is “near its lowest point in over two years,” in the wake of the first anniversary of the Inflation Reduction Act — a sweeping economic legislation package that aimed to tackle inflation, increase jobs and decrease unemployment levels. 

Traveling to Philadelphia on Monday to mark Labor Day, the president touted the importance of organized labor and praised American workers, while also bashing former President Trump’s record. 

His remarks came on the heels of a jobs report released last week that found the U.S. added 187,000 jobs in August and the unemployment rate rose to 3.8 percent. 

The CNN Poll was conducted by SSRS from Aug. 25-31 among a random national sample of 1,503 adults. The poll had a margin of sampling error of 3.5 points.