Sunday, August 07, 2022

U.S._ Most Americans think the U.S. economy is getting worse: poll

THE WASHINGTON TIMES

Most Americans think the U.S. economy is getting worse: poll


President Joe Biden waves as he walk to board Marine One on the South Lawn of the White House in Washington, on his way to his Rehoboth Beach, Del., home after his most recent COVID-19 isolation, Sunday, Aug. 7, 2022. ... more >


By Ramsey Touchberry - The Washington Times - Sunday, August 7, 2022



More than two-thirds of Americans, or 69%, feel that the nation’s economy is getting worse and headed in the wrong direction amid the highest inflation in four decades, according to a new poll.

An ABC News/Ipsos poll released Sunday showed that, in addition to Americans’ sour view of the economy, only 37% approve of President Biden while 62% disapprove, marking another poor survey statistic for the first-term commander-in-chief who has been urged by those in his own party not to seek a second term.

A jobs report from Friday by the Bureau of Labor Statistics showed that 528,000 jobs were added in July and the unemployment rate was down to 3.5%. Still, rising costs are on the minds of consumers, with just 29% of those polled said they approve of Mr. Biden’s handling of inflation, which is at its highest level in 40 years.

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READ MORE: https://www.washingtontimes.com/news/2022/aug/7/most-americans-think-us-economy-getting-worse-poll/

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