John Carney
20 May 2022
Americans are increasingly downtrodden about the condition of the national economy and the direction of the country.
Seventy-eight percent of adults consider the national economy to be in poor condition, up from 70 percent last month, according to an AP-NORC poll released Friday.
The steep downward assessment of the economy was powered by a collapse in sentiment among Democrats. A month ago, 47 percent of Democrats described the economy as good. In May, that slid to 35 percent.
Republicans already viewed the economy as grim, with just 10 percent saying it is in good condition in April. In May, that slipped to seven percent.
Two-thirds of Americans disapprove of President Joe Biden’s handling of the economy. This isn’t some sudden turn against the president or reaction to bad news. According to the Associated Press, this overwhelming disapproval has been largely steady over the last few months.
Just 18 percent of Americans say Biden’s policies have done more to help than hurt the economy, down slightly from 24 percent in March. Eighty-one percent say Biden’s policies have either hurt or done nothing for the economy, with 51 percent say they’ve done more to hurt than help and 30 percent say they haven’t made much difference either way.
Even among Democrats, faith in Biden’s policies is collapsing. The percentage of Democrats who say Biden’s policies have done more to help tumbled from 45 percent to 37 percent. A majority of Democrats say Biden’s policies have hurt or made no difference to the economy, with 18 percent saying they hurt and 44 percent saying they’ve made no difference.
Concerns over rising prices are growing worse.
more
https://www.breitbart.com/economy/2022/05/20/ultra-biden-78-of-americans-say-economy-is-bad/
