The White House’s summer rollout of “Bidenomics” appears to not have registered with the public just yet, as only a little over one-third of Americans approve of President Biden’s handling of the economy, according to a new poll.
The Associated Press-NORC Center for Public Affairs Research survey, published this week, found that just 36 percent of Americans approve of his economic policies — slightly below his overall approval rating of 42 percent.
Democrats were more likely to support Biden’s handling of the economy, with 65 percent saying that they approve. On the other hand, just 8 percent of Republicans offered their approval and 91 percent said they disapprove.
Even though a majority of Democrats supported Biden’s economic agenda, that support was less among Democrats ages 18-44. Just 52 percent of Americans under the age of 45 said they approve of Biden’s handling of the economy, while 77 percent of those 45 and older said they approved.
Despite positive indicators that the economy is improving, Americans appear to be hesitant to credit the president. The unemployment rate has remained stable at 3.5 percent and rate of inflation has slowed over the last year to 3.2 percent.
This comes as the White House began touting its “Bidenomics” agenda ahead of the one-year anniversary of the Inflation Reduction Act becoming law and policies that are focused on tackling inflation, increasing jobs and keeping unemployment low. The president and other officials have since traveled to promote the agenda, which is expected to become a major theme of his 2024 campaign.
According to the poll, just 34 percent of Americans would describe the economy as good.
The poll also found that while most Democrats do not want to see Biden run for president in 2024, they would still support him if he is the party’s nominee. Fifty-five percent of Democrats do not want him to run again, but 82 percent said they would support him if he was the party’s nominee.
The AP-NORC poll was conducted Aug. 10-14 among 1,165 adults and has a margin of sampling error of plus or minus 3.8 percentage points.