{"id":1927560,"date":"2023-05-09T19:42:02","date_gmt":"2023-05-09T23:42:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-have-historically-low-trust-in-biden-officials-to-prevent-economic-meltdown\/"},"modified":"2023-05-09T19:47:04","modified_gmt":"2023-05-09T23:47:04","slug":"americans-have-historically-low-trust-in-biden-officials-to-prevent-economic-meltdown","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-have-historically-low-trust-in-biden-officials-to-prevent-economic-meltdown\/","title":{"rendered":"US citizens lack confidence in Biden&#8217;s team to avert an economic crisis."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Famericans-have-historically-low-trust-in-biden-officials-to-prevent-economic-meltdown%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1927560&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Majority of Americans Lack Confidence in Economic Leaders<\/h2>\n<h3>April Gallup Poll Reveals Low Trust in Biden and Yellen<\/h3>\n<p>According to an April Gallup poll, the majority of Americans do not trust <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/under-trump-americans-have-seen-their-best-wage-growth-in-40-years\/\" title=\"Under Trump, Americans Have Seen Their Best Wage Growth In 40 Years\">economic leaders<\/a>, including President Joe Biden and Treasury Secretary Janet Yellen, to steer the country&#8217;s economy in the right direction. When asked how confident they were in the president &#8220;to do or to recommend the right thing for the economy,&#8221; 64 percent of respondents said &#8220;only a little&#8221; or &#8220;almost none.&#8221; Fifty-four percent do not trust Yellen or Federal Reserve Chairman Jerome Powell to manage the economy well. Many of the economic leaders Gallup included in the poll are at or near the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-have-historically-low-trust-in-biden-officials-to-prevent-economic-meltdown\/\" title=\"US citizens lack confidence in Biden's team to avert an economic crisis.\">lowest confidence ratings recorded<\/a> in 20 years.<\/p>\n<p>This is yet another blow to Biden&#8217;s reelection efforts. Despite the White House&#8217;s insistence that the 80-year-old president is fit for a second term and has a reputable economic record, 68 percent of Americans believe Biden is too old to run, and 54 percent think former President Donald Trump handled the economy better, according to an ABC News\/Washington Post poll released Sunday.<\/p>\n<p>&#8220;This poll is just brutal for President Biden,&#8221; ABC&#8217;s George Stephanopoulos said Sunday.<\/p>\n<h3>Low Confidence in Democratic Leaders in Congress<\/h3>\n<p>The Gallup poll, published Tuesday, comes the same day Biden and House Speaker Kevin McCarthy (R., Calif.) start talks on the U.S. debt ceiling. Biden is insisting the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rising-interest-rates-risk-further-blowing-up-the-federal-budget\/\" title=\"Rising Interest Rates Risk Further Blowing Up the Federal Budget\">federal government raise<\/a> the debt limit without conditions. McCarthy said the House will not approve a proposal that does not <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-to-vote-on-debt-ceiling-spending-cut-bill\/\" title=\"House to Vote on Debt Ceiling, Spending Cut Bill\">include spending cuts<\/a> that address the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-falls-far-short-of-second-quarter-gdp-growth-projections\/\" title=\"US Falls Far Short Of Second-Quarter GDP Growth Projections\">ballooning budget deficit<\/a>.<\/p>\n<p>The Gallup poll also found that only 34 percent of people had &#8220;a great deal&#8221; or &#8220;fair amount&#8221; of confidence in Democratic leaders in Congress to make the right decisions for the economy. Republicans in Congress had a slightly better confidence level at 38 percent.<\/p>\n<h3>Key Takeaways:<\/h3>\n<ul>\n<li>64% of Americans lack confidence in President Biden&#8217;s ability to steer the economy in the right direction<\/li>\n<li>54% do not trust Treasury Secretary Janet Yellen or Federal Reserve Chairman Jerome Powell to manage the economy well<\/li>\n<li>68% of Americans believe Biden is too old to run for a second term<\/li>\n<li>54% think former President Donald Trump handled the economy better<\/li>\n<li>Only 34% of people have confidence in Democratic leaders in Congress to make the right decisions for the economy<\/li>\n<li>Republicans in Congress have a slightly better confidence level at 38%<\/li>\n<\/ul>\n<p>These findings highlight the lack of trust Americans have in their economic leaders and could have significant implications for future elections and economic policies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The majority of Americans do not trust economic leaders, including President Joe Biden and Treasury secretary Janet Yellen, to steer the country&#8217;s economy in the right direction, according to an April Gallup poll. When asked how confident they were in the president &#8220;to do or to recommend the right thing for the economy,&#8221; 64 percent<\/p>\n","protected":false},"author":1262,"featured_media":1927561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[8604,3706,4538,6711,6170,4202,7557,4000],"class_list":["post-1927560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-avert","tag-bidens","tag-citizens","tag-confidence","tag-crisis","tag-economic","tag-lack","tag-team"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1927560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1927560"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1927560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1927561"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1927560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1927560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1927560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}