It has become clear that the increase in President Biden’s approval ratings in battleground states that was seen in recent surveys has almost disappeared. Deep pessimism about the US economic outlook affected approval ratings.
The latest from Bloomberg News and Morning Consultant According to monthly polls, of the seven battleground states that are expected to decide the outcome of November’s presidential election, Michigan is the only state in which Biden is ahead of his opponent, former President Trump, with a 2-point lead.
Biden trailed by small margins in Pennsylvania and Wisconsin, and by large margins in Georgia, Arizona, Nevada and North Carolina.
In the March survey It seems that the State of the Union address resonated with voters, and Biden’s approval rating in a monthly survey started in October last year. Recorded the highest. However, this survey showed that the support rate has almost returned to its previous state.
The economy is always at the top of voters’ list of concerns, but respondents to this survey said the near-term outlook is bleak. A majority of voters in battleground states say they think economic conditions will worsen in the coming months, and fewer than one in five say they expect inflation and interest rates to fall by the end of the year. Although the job market remains resilient, only 23% of respondents expect the unemployment rate to improve by the end of the year.
Among independents, who are key to Biden catching up with Trump, only single digits expected the economy to improve.
“Some of the boost from the State of the Union has dissipated. Voters are actually tying Bidenomics and economic sentiment to inflation,” said Matt Monday, senior manager at Morning Consultant.
More than three-quarters of survey respondents said they believed the president was responsible for the current state of the U.S. economy, and nearly half said he was “very responsible.”
The survey was conducted in seven battleground states from the 8th to the 15th of this month, and has a margin of error of plus or minus 1 point. The US Consumer Price Index (CPI) data released during this period once again exceeded expectations, strengthening the case for delaying the rate cut. This suggests that voters also do not expect a rate cut soon.
Original title: Biden’s Gains Against Trump Vanish on Deep Economic Pessimism (excerpt)
Tags: Biden loses support battleground states leaving Trump state lead Survey Bloomberg
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