AP-NORC Poll: Low Marks for Biden on Economy as Prices Rise

March 25, 2022by Josh Boak and Emily Swanson, Associated Press
AP-NORC Poll: Low Marks for Biden on Economy as Prices Rise
The gasoline price board is shown at a gas station in Menlo Park, Calif., March 21, 2022. (AP Photo/Jeff Chiu)

WASHINGTON (AP) — A majority of Americans say they don’t blame President Joe Biden for high gasoline prices, but they’re giving his economic leadership low marks amid fears of inflation and deep pessimism about economic conditions.

About 7 in 10 Americans say the nation’s economy is in bad shape, and close to two-thirds disapprove of Biden’s handling of the economy, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. In addition, Americans are more likely to say his policies have hurt the economy than helped it.

Yet less than half say the jump in gas prices is Biden’s fault, a reflection of how the country is processing Russian President Vladimir Putin’s invasion of Ukraine and the resulting increase in oil costs.

The polls hints at a paradox in which the public views Biden as being in power without necessarily being in control. His hopes for a lasting economic renaissance have faded as Americans cope with higher food and energy costs. And the promise of a country no longer under the pandemic’s sway has been supplanted by the uncertainty of war in Europe.

“It’s going to get worse before it gets better,” said Adam Newago, 53, a truck driver from Eau Claire, Wisconsin. He sees inflation as spiraling outward with higher fuel prices increasing the costs of shipping and ultimately raising prices across the broader economy.

Newago said he reluctantly voted for President Donald Trump in 2020, while his wife cast her ballot for Biden. He feels that inflation at a 40-year high and the withdrawal of U.S. troops from Afghanistan have led to a “mess.”

Overall, 65% of Americans disapprove of Biden’s handling of the nation’s economy, including 96% of Republicans and 36% of Democrats. The overall share saying they disapprove is up from 57% in December of 2021 and from 47% last July.

Gas prices stand above other types of inflation when it comes to the worries ordinary Americans have about price increases impacting their bottom lines. A hefty 68% said they’re very concerned about gas prices, while 59% expressed the same degree of worry about rising grocery prices.

Gas prices were high before Putin began amassing forces at the Ukrainian border, but they’ve risen since the start of the war without producing a slew of additional oil to come onto the market.

Tammy Baca, 52, who works in education in Fort Worth, Texas, said that prices at the pump are a function of the geopolitics.

“You’re going to have to suffer, you know?” said Baca, a Democrat. “It’s almost like we’re pitching in for wartime effort, without even being at war.”

Many Americans agree, with 55% saying it’s a bigger priority for the U.S. to effectively sanction Russia than to limit damage to the U.S. economy.

Shelter is the dominant expenditure in the government’s measure of inflation, but less than half of Americans — 40% — say they’re very concerned about higher than usual housing costs impacting their household finances. Another 24% are somewhat concerned.

Fifty-three percent of Americans also say they’re very concerned about higher prices for other goods and services.

Overall, Americans are more likely to say that higher than usual gas prices are more because of factors outside of Biden’s control than because of Biden’s policies, 55% to 44%.

Still, more think Biden’s policies are hurting the economy than helping it, 48% to 24%. Another 28% say they haven’t made much difference. The rejection comes after Biden steered a $1.9 trillion coronavirus relief package and $1 trillion infrastructure package through Congress, though his agenda on economic equity and clean energy stalled in Congress last December.

For Jennifer Smith, the relief package was a financial lifeline. The 50-year-old lives off disability and lives with her daughter in Zanesville, Ohio. Smith voted for Trump in 2020, but she disliked the Jan. 6, 2020, assault on the U.S. Capitol. She not only received a direct payment from the government but $250 monthly in the expanded child tax credit — both of which have disappeared while the inflation has stayed.

“I know this sounds crazy, but I’m thrilled to be able to pay bills,” Smith said. “With the way it is right now, I can’t without borrowing, robbing Peter to pay Paul.”

Eighty-eight percent of Democrats say high gas prices are outside Biden’s control, while 79% of Republicans specifically blame his policies, which many said in follow-up interviews limited U.S. energy production. Most Republicans say Biden’s policies are hurting the economy, but among Democrats, 45% say they’re helping and 39% say they’re not making much difference.

The poll suggests support among Democrats for Biden’s economic leadership is decidedly lukewarm, especially among those under 45. That’s a meaningful difference from the loyalty that the GOP expressed for Trump — who in March 2018 enjoyed an 84% approval on the economy from his fellow Republicans.

In yet another sign of how partisanship is shaping views of the economy and inflation, Republicans are more likely than Democrats to say they’re very concerned about the impact on their households from higher prices for gas, groceries, housing, and other goods and services.

Overall, 69% of Americans say that the nation’s economy is in poor shape, compared with 31% who say it’s good. The share saying the economy is poor has ticked up slightly from 64% in December. Still, 63% call their personal financial situation good, a number that has stayed remarkably steady since before the COVID-19 pandemic.

As for Biden, his supporters say he’s been held back by Congress and the challenges created by the disruptions and crises that are part of the U.S. presidency.

Mary Payne, 75, a nurse in California, said she wouldn’t say Biden’s performance has been “excellent,” though it’s been “good” and “probably fair.” She said she opposed Trump in 2020 and views the Republicans right now as obstructive.

“I don’t know how many roadblocks are put up for him doing what he wants to do,” Payne said. “I think the heart is there. I think that he cares.”

___

Associated Press polling reporter Hannah Fingerhut contributed.

___

The AP-NORC poll of 1,082 adults was conducted March 17-21 using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 4.0 percentage points.

A+
a-
  • Economy
  • Gas prices
  • inflation
  • Joe Biden
  • polls
  • In The News

    Health

    Voting

    Economy

    April 12, 2024
    by Kate Michael
    IMF Director Sets the Stage for IMF-World Bank Spring Meetings 

    WASHINGTON — As the world's finance ministers and central bank governors prepare to convene in Washington, D.C., for the IMF-World... Read More

    WASHINGTON — As the world's finance ministers and central bank governors prepare to convene in Washington, D.C., for the IMF-World Bank spring meetings next week, Kristalina Georgieva, managing director of the International Monetary Fund, spoke about how this event comes at a delicate moment for the... Read More

    April 8, 2024
    by Dan McCue
    Biden Administration Invests $6.6B to Bolster US Chip Manufacturing

    WASHINGTON — The Biden administration is awarding up to $6.6 billion in grants to the Taiwan Semiconductor Manufacturing Company, the... Read More

    WASHINGTON — The Biden administration is awarding up to $6.6 billion in grants to the Taiwan Semiconductor Manufacturing Company, the largest maker of the most advanced microchips in the world, to help support construction of the company’s first major hub in the United States. The announcement... Read More

    Inflation Slowed Further in December as Economic 'Soft Landing' Moves Into Sharper Focus

    WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a... Read More

    WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his economic stewardship. Friday’s... Read More

    Americans' Economic Outlook Brightens as Inflation Slows and Wages Outpace Prices

    WASHINGTON (AP) — After an extended period of gloom, Americans are starting to feel better about inflation and the economy —... Read More

    WASHINGTON (AP) — After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden's political fortunes. A measure of consumer sentiment by the University of Michigan has... Read More

    Some Americans Will Get Their Student Loans Canceled in February as Biden Accelerates New Plan

    WASHINGTON (AP) — The Biden administration will start canceling student loans for some borrowers in February as part of a new... Read More

    WASHINGTON (AP) — The Biden administration will start canceling student loans for some borrowers in February as part of a new repayment plan that's taking effect nearly six months ahead of schedule. Loan forgiveness was originally set to begin in July under the new SAVE repayment plan, but... Read More

    In Milwaukee, Biden Looks to Highlight Progress for Black-Owned Small Businesses

    WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday... Read More

    WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday to spotlight a surge in federal government support for Black-owned small businesses during his White House tenure and to highlight his administration's efforts to ramp up... Read More

    News From The Well
    scroll top