The president is eager to run for reelection on ‘Bidenomics’ that most of the country hates, polls suggest – By Josh Boak & The Associated Press (Fortune) / June 27, 2023
President Joe Biden is eager to take full political ownership of the U.S. economy — a reflection of the White House belief that inflation is fading, job growth is solid and voters need to know about it.
But polling has consistently shown the economy to be a weak spot for Biden’s reelection hopes. Just 33% approve of his leadership on the issue, according to a May survey by the Associated Press-NORC Center for Public Affairs.
For much of his presidency, Biden has blamed high gasoline prices, painfully rising food costs and other cost-of-living expenses on the pandemic and the war in Ukraine. He said those two factors were beyond his control as inflation hit a 40-year high last summer and crushed the his approval ratings.
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