Extremely American
Apr 11, 20222 min
By: Bradley Cortright
April 11, 2022: Despite the country experiencing "strong" job growth, a new poll finds that a majority of Americans do not believe the economy is doing well — and that is weighing down Joe Biden’s approval rating.
According to a CBS News/YouGov poll released on Sunday, a majority of Americans believe their local job market is “good.”
But an even larger majority said they believe that the national economy is “bad.”
“This week’s positive jobs report and the stronger employment rate aren’t entirely lost on Americans — just outweighed when they rate the economy,” CBS News reports.
In a March 2021 CBS News/YouGov poll, Biden’s approval rating was 62%.
But Americans disapprove of Biden’s handling of those issues.
Sixty-six percent of respondents said that higher prices have been “difficult or a hardship,” while 26% said they are “inconvenient,” and 8% said they had “no effect.”
Among respondents who believe that the economy is in bad shape, 86% blamed inflation, 82% blamed higher gas prices, and 69% blamed shortages of goods and services.
The survey also found that higher prices are influencing Americans’ behavior.
Sixty-six percent said they have cut back on entertainment activities, 66% said they cut back on travel, 64% said they are driving less, and 53% said they are cutting back on food and groceries.
In February, inflation rose to a 7.9% annual rate, a four-decade high. And according to AAA, the national average price for a gallon of gas is $4.11, up from $2.86 a year ago.
The poll was conducted April 5-8 and surveyed 2,062 adults.
Source: Independent Journal Review