Biden’s reelection pitch is shaping up around one word -- Bidenomics -- as he bets he'll benefit with voters by hitching his political image to the state of the economy
But Americans still report feeling pessimistic. Biden's approval ratings on the economy have consistently hovered at around 33% since the peak of the pandemic. That's lower than his overall approval rating, which stands in the low 40s, according toBreaking through there will be paramount for Biden as he builds a campaign message around economics. The cause of that persistent pessimism remains something of a puzzle to both the administration and some economists alike.
Grant also found that the unemployment rate matters significantly less for people's economic attitudes than it has in the past. That might explain why Biden's trumpeting of low unemployment rates isn't making much of a dent in voters' assessment of the economy. "Bidenomics in a nutshell is: You pay more for the necessities of life, your standard of living goes down, the government gets bigger and more powerful, and ultimately China will benefit," DeSantis, the No. 2 Republican hopeful, according to national polling, said in a recent interview on Fox News.
A majority of Americans say the economy is in bad shape, but at the same time say their own finances are good, a Quinnipiac"There's no question that there is a disconnect," said Mark Copelovitch, a political science professor at the University of Wisconsin in Madison.
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