Biden’s surge: Gaining support from Dems and independents, surpassing Trump
President Biden’s Approval Rating Improves as Economy Shows Signs of Recovery
President Joe Biden appears to have halted his decline in the 2024 election polls, thanks in part to positive indicators of economic growth.
In a just-released Emerson College Polling survey, the president’s approval rating has risen by one point to 42%, while his disapproval rating has dropped by 5 points, from 51% to 46%. However, his mishandling of the border crisis seems to be hindering a more significant recovery in the polls.
In a head-to-head matchup against his likely opponent, former President Donald Trump, Biden has closed the gap. According to the latest survey, Trump holds a slight lead with 46% compared to Biden’s 45%.
“Since December, Trump’s support has decreased by one point, from 47% to 46%, while Biden’s support has increased by two points, from 43% to 45%,” stated the poll analysis.
This shift in numbers appears to be driven by a rise in support for Biden among independent voters and an improving economic outlook.
“Biden’s approval among independent voters has seen a four-point improvement since December, rising from 33% to 37%,” said Spencer Kimball, executive director of the poll. “Although still facing challenges, this reflects a positive shift.”
The monthly poll also revealed that voters are less concerned about Biden’s handling of the economy compared to December, which has helped stabilize his numbers.
“Voters who prioritize the economy still lean towards Trump, with 52% supporting him compared to 36% for Biden. However, in the December national poll, Trump had a 14-point lead over Biden, with 60% of economy-focused voters favoring him and only 30% supporting Biden,” Kimball explained.
Despite these small changes from the December poll, they may indicate that Biden’s unfavorable ratings have reached their lowest point just as the 2024 campaign gains momentum and the president prepares for the first major contest in South Carolina.
Kimball also noted that Democrats are rallying behind Biden, stating, “Biden has successfully strengthened his support among Democratic primary voters, with undecided voters decreasing from 30% to 19% and his share of support increasing from 63% to 72%.”
Furthermore, younger voters have shown increased support for Biden, with approval among those under 40 years old rising from 52% in December to 66%.
On the Republican side, Trump remains a formidable force. He dominates former U.S. Ambassador to the United Nations Nikki Haley with a national lead of 73% to 19%. Additionally, 53% of Republicans want Haley to withdraw from the race and clear the path for Trump to face Biden alone.
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How has the strong performance of the stock market under the Biden administration influenced public perception and President Biden’s approval rating
T in Biden’s approval rating and the narrowing of the race against Trump can largely be attributed to positive signs of economic recovery. In recent months, the United States economy has been showing significant improvements, giving hope to Americans and boosting confidence in the Biden administration.
One of the key indicators of this economic recovery is the decrease in unemployment rates. The latest report from the Bureau of Labor Statistics showed a drop in the unemployment rate to 5.4% in July, marking a significant improvement since Biden took office. This decline in unemployment can be seen as a direct result of the administration’s efforts to stimulate the economy through various policies and initiatives.
Another positive sign is the growth in GDP. The U.S. economy grew at an annual rate of 6.5% in the second quarter of 2021, following a 6.3% increase in the first quarter. This steady growth indicates that the country is on its way to a robust recovery from the economic downturn caused by the COVID-19 pandemic.
Furthermore, the stock market has been performing well under the Biden administration. The Dow Jones Industrial Average and the S&P 500 have both reached record highs in recent months, reflecting investor confidence in the economy’s trajectory.
These positive economic indicators have had a direct impact on President Biden’s approval rating. As the economy shows signs of recovery, Americans are increasingly optimistic about their financial prospects and the overall direction of the country. This sentiment translates into higher approval ratings for the president, who is seen as playing a crucial role in steering the economy towards recovery.
However, it is important to note that Biden’s handling of the border crisis continues to be a significant hurdle for his administration. While his approval rating has improved overall, his mishandling of the border situation has hindered a more substantial recovery in the polls. The Emerson College Polling survey noted that this issue is still negatively affecting public perception and could potentially impact the outcome of the 2024 election.
In conclusion, President Biden’s approval rating has improved as the economy shows signs of recovery. The positive indicators of economic growth, such as the decrease in unemployment rates, the growth in GDP, and the strong performance of the stock market, have boosted confidence in the administration’s ability to navigate the country out of the pandemic-induced economic downturn. However, challenges remain, particularly in the handling of the border crisis, which continues to hinder a more significant recovery in the polls. As the 2024 election approaches, it will be crucial for President Biden to address these concerns and continue to prioritize economic recovery to maintain and further improve his approval rating.
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