Economic Advisory Chairman Jared Bernstein said Wednesday that 70% of Americans support President Joe Biden’s economic policies, even though polls show most voters disapprove of Biden’s economic performance. claimed to have more support.
“Is he doing the job he deserves in convincing people that this will work and that there is light at the end of the tunnel?” NewsNation host Marni Hughes said of Biden’s I asked Mr. Bernstein, referring to the economic plan. “Now 33% of Americans recognize his economic leadership. His approval rating is 43%, the highest since August.” (Related article: ‘What did he bring?’: Steve Forbes lashes out at Biden presidency, says it caused ‘loss of faith’ in Americans)
“If you ask people specifically what constitutes ‘bidenomics,’ you get poll figures of over 70%. In this partisan world, this is unheard of,” Bernstein said. ‘s host Marni Hughes. Biden’s economy currently stands at 38.3% approval and 57% disapproval. according to Compared to RealClearPolitics average.
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“If you ask about investments in infrastructure laws, highways, bridges, ports, water systems, go to Flint, Michigan and ask what they think about clean water, the elimination of lead pipes, etc.” This President and Vice President of the United States We have committed to 100 percent effort to remove all lead pipes from our towns and cities,” Bernstein continued. “If you ask people about the quality of their work now, it’s probably the highest he’s been here in 36 years.”
Just over two-thirds of Americans (67%) say their salaries aren’t keeping up with inflation. according to CNBC National Economic Survey released in April. The consumer price index rose 4.0% in May after rising 4.9% in April.
Fed Chairman Jerome Powell said another rate hike is likely, even though the Fed kept rates on hold until June at its June 21 meeting. hearing House Financial Services Committee held.
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