The latest FT-Michigan Ross survey shows the challenges facing the president as the re-election campaign gears up.
| Americans are increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll that underscores the US president’s challenges as he squares off against Donald Trump in this year’s general election.
“It’s bad news for President Biden because more voters rate him negatively on the economy than rate him positively,” said Erik Gordon, a professor at the Ross School of Business at the University of Michigan. “It has to worry his campaign that the independent voters who might decide the election rate his performance even worse.”The grim polling news comes just as the president launches his run for re-election with a campaign based in part on the economic boom in the US during his term in office.
A possible bright spot for Mr Biden was that poll respondents were most likely to blame “large corporations taking advantage of inflation” for price increases over the past six months, followed by the “lasting impact of COVID-19″.