83% of Americans dissatisfied with how things are going in the US, poll says
ALEC SCHEMMEL | The National Desk
FILE – President Joe Biden arrives at the White House, in Washington, from his Asian trip, Tuesday, May 24, 2022. The Congressional Budget Office released an economic outlook Wednesday saying that high inflation will persist into next year, likely causing the federal government to pay higher interest rates on its debt. (AP Photo/Manuel Balce Ceneta, File)
WASHINGTON (TND) — A whopping 83% of Americans are dissatisfied with the current path the United States is on, according to new Gallup polling.
That means the amount of those satisfied, just 16%, is 20 points lower than Americans’ satisfaction four months after President Joe Biden took office and a six-point drop since last month, Gallup’s survey data shows.
Americans’ dissatisfaction coincides with Biden’s low approval ratings.
Gallup puts Biden’s approval rating at 41%, but according to a Reuters-Ipsos poll released Tuesday Biden’s approval rating is at 36%.
Biden’s 36% approval rating from Reuters-Ipsos is his lowest to date in that particular poll.
Last month, a Quinnipiac University poll showed Biden’s approval rating at 33%, also an all-time low in that poll.
Read more: “Biden poll numbers hit rock-bottom, sees very low support among key demographics”
Besides Biden’s actions on the Russia-Ukraine crisis, the president has been under immense scrutiny for growing inflation and an out-of-control southern border.
A FiveThirtyEight-Ipsos poll found that 52% of Americans think inflation is the most important issue facing the country right now.
Americans primarily blame Biden and the war in Ukraine for the U.S.’s high inflation, which as of last month sits near a 41-year high of 8.5%, according to the Bureau of Labor Statistics.
A Morning Consult-Politico poll indicated 40% of Americans think Biden’s policies are “very responsible” for the country’s high inflation. Sixty-one percent believe Biden is at least “somewhat responsible” for inflation.
The Congressional Budget Office (CBO), a research arm of the federal government, predicts the nation’s deficit will total $1 trillion in 2022 and nearly $16 trillion over subsequent decades under the current economic policy.
The nation’s debt to GDP ratio is expected to be strong in 2023. However, the CBO says the current reprieve could be short lived, projecting the nation’s debt to GDP ratio will surge to record highs by 2032.
The combination of expiring COVID relief and massive inflation, along with the economic recovery, have helped provide a fiscal reprieve. But trillion-dollar deficits are here to stay, and $2 trillion deficits will arrive by 2031. Meanwhile, debt is slated to reach a record 110 percent of GDP within a decade and could rise even further if lawmakers extend various expiring policies,” according to the CBO’s economic analysis.
Rather than declare victory and abandon deficit-reduction efforts, policymakers should work together to truly bring our deficit and debt under control,” the analysis continues. “It’s time to put words into action and enact a fiscal plan that pays for new initiatives, lowers health care costs, raises revenue, secures our major trust funds, cuts wasteful spending, stomps out inflation, and promotes strong economic growth.
The crisis at the southern border has also been a major point of criticism for Biden and his administration.
Gallup polling from March, before Biden announced he would be terminating the Title 42 expulsion policy, showed Americans’ concerns over illegal immigration is near a two-decade high. Forty-one percent reported worrying a great deal about the issue, with another 19% saying they are worried a fair amount.
Texas communities, like Eagle Pass, are bearing the burden of Biden’s open border policies,” Texas Governor Greg Abbott said this week. “The Lone Star State will not waiver in our efforts to secure the border. We’re deploying all resources necessary to prevent the flow of drugs, smugglers, & criminals coming into Texas.
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