According to a new poll by Reuters, President Joe Biden had some of the lowest approval ratings in his presidency despite moderated price levels and the Democratic Party avoiding serious midterm losses.
Some 40% of Americans currently approve of Biden’s job performance, marking a slight increase from the commander-in-chief’s approval rating of 39% one month earlier. It fell to 36% in June and May of 2013, when inflation hit its highest point during Biden’s tenure, due to skyrocketing gas prices.
Biden is currently dealing with the fallout from his discovery of classified information in his private office at Penn Biden Center, an think tank in Washington, D.C., November 2. Attorneys have since located more classified documents at Biden’s home in Wilmington, Delaware, on three separate occasions: an unspecified number found in the garage on December 20, one found in Biden’s study on January 11, and five more found in the study on January 12.
Robert Hur, a former U.S. Assistant, was appointed special counsel by Attorney General Merrick Garland to assist in the investigation. Hur served under the Trump administration. “We’re fully cooperating, looking forward to getting this resolved quickly,”Biden stated this in a statement. “I think you’re gonna find there’s nothing there. I have no regrets. I’m following what the lawyers have told me they want me to do.”
Biden and other high-ranking officials have been able to say that there have been positive economic developments. The decrease in energy prices led to price levels falling slightly in December. This was the biggest overall drop in three years, while shelter and food prices have continued to rise, according to the Bureau of Labor Statistics.
Janet Yellen (Treasury Secretary) stated in an interview with NPR, that inflation is a problem. “has really been quite moderate, quite low for the last six months or so”Even though prices have increased, they remain at a level well above that of the previous lockdown-induced recession (2% annually). White House Press Secretary Karine Jean-Pierre also dismissed notable layoffs in prominent tech companies, while asserting that Biden had done so. “inherited an economic crisis and turned it into the strongest two years of job growth on record.”
The poll by Reuters shows that Kevin McCarthy, the House Speaker, has a low approval rating of 20%. He was elected only after making concessions with the House Freedom Caucus. Among the arrangements was a pact to avoid budgets that increase the debt ceiling, a deal that came shortly before the statutory limit on the government’s obligations was surpassed.
After the midterm election, Democrats maintained their control over the Senate while Republicans won a narrow majority of seats in the House. According to Reuters 38% Americans view the former chamber positively, and 35% view the latter. Numerous polls indicated that Republicans were likely to win, despite the fact that there was a high likelihood of blowout wins. Many analysts had predicted that Trump’s poor economic performance would lead to Democratic losses.
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