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Poll: Biden Economy Has Americans Worried About Direction of the Country

Americans are feeling the effects of the Biden administration’s economic policies in their everyday lives, particularly with inflation and increased gas prices. President Biden and his administration do not appear to be concerned about the rising price of everyday goods, but a new poll found that Americans are not optimistic about the direction the country is headed.

An ABC News/Ipsos poll discovered that respondents’ optimism about the future decreased by 20 points since Biden’s 100th day in office in May. Via ABC News:

A majority -- 55% -- of the public say they are pessimistic about the direction of the country, a marked change from the roughly one-third (36%) that said the same in an ABC News/Ipsos poll published May 2. In the early May survey, Americans were more optimistic than pessimistic by a 28-percentage point margin. Optimism is now under water by 10 points. Looking ahead to the next 12 months, fewer than half -- 45% -- now report feeling optimistic about the way things are going, a significant drop from about two-thirds (64%) in the May poll. 

The decline in optimism has occurred across the board among Democrats, Republicans and independents. Optimism is down about 20 points among Democrats and Republicans and down 26 points among independents. Among Democrats, about 7 in 10 (71%) now say they are optimistic about the direction of the country over the next 12 months. That's much lower than the near universal (93%) approval from Democrats on Biden's handling of the pandemic. (ABC)

The president’s overall approval rating also dropped to 50 percent recently, a Gallup poll found, which is an all-time low for Biden.