Americans' confidence in Joe Biden is dwindling as 44 per cent say they are unsure of the president's ability to rescue the economy in the aftermath of COVID-19, a new poll released Tuesday reveals.
The new figure from an Axios-Ipsos poll is down 8 per cent from January, when 52 per cent of U.S. adults said they were confident Biden would be able to help recover the economy from ruin caused by the pandemic – including spiking inflation, supply chain bottlenecks and maintained high levels of unemployment.
The biggest dip comes from Democrats. When Biden first took office, 86 per cent said they were confident in the president's ability to lead toward economic recovery, but the new poll taken October 22-25 shows that demographic has slipped a jarring 15 per cent to 71 per cent.
Independent voters' confidence also fell 9 per cent from 51 per cent in January to 42 per cent now. Republican support is now at 18 per cent, which is a minuscule uptick from the 17 per cent in January.
The dip could hinder Biden's ability to lead Democrats into the 2022 midterms.
Americans are particularly perturbed by rising inflation leading to increased prices on goods and services, which the administration in the past has dismissed as a cyclical rise despite the higher-than-normal increase.
Americans' confidence in Joe Biden's ability to help rescue the economy from the pandemic dip is decreasing - specifically among Democrats who dropped 15% in confidence from January to October
Biden, according to the poll, is 'focused on the wrong problem' of trying to increase confidence in vaccines rather than in economic recovery
White House Chief of Staff Ron Klain called the economic downturn a 'high class problem' earlier this month.
Inflation rose 5.4 per cent from September 2020 to September 2021.
Inflation is being affected by several factors like the pandemic, labor shortages and the supply chain bottlenecks – specifically at the Port of Los Angeles, where more than half of shipping containers coming to the U.S. arrive.
Biden announced this