Washington-. United States President Joe Biden has little time to try to consolidate his economic policies, an issue that is now the Achilles’ heel amid his 2024 re-election aspirations.
Despite his belief that all is going well, the polls systematically remind the president of voters’ pessimism when they feel that inflation is still high and projected directly into their already tight pockets.
However, the Oval Office proprietor is confident that his bidenomics proposal will give him the impetus needed to help reduce voter distrust, which is calculated to translate into votes.
However, a new poll found that just 34 percent of the country’s citizens approve of the democratic ruler’s management of the economy.
Some analysts agree that for much of his presidency, Biden blamed high gas prices, rising food costs and other expenses for the Covid-19 pandemic and the conflict in Ukraine.
The president believed these factors were beyond his control, but his approval ratings plummeted.
In 2020, Biden won the White House and promised a return to normal after the pandemic-induced crisis when he took office in January 2021, but his goal remained unclear.
For this reason, Bidenomics (Bidenomics) – they assure – will seek a solution to the negative perception of the economy by Americans.
In addition, they want to use it to solicit credit for an economy that tends to go more and more in the right direction, according to a local media report.
“Bidenomics” was the central theme of the President’s speech in Chicago on Wednesday, in which he reviewed positive economic indicators and set out his views on the recovery, CNN reported.
“I came into office with the intention of changing the economic direction of this country and moving away from the drip economy,” warned the Oval Office resident.
During his speech, Biden blamed his predecessor for failing to meet his commitments, including improving the national infrastructure system.
For Biden’s top economic advisers, the worst effects of inflation are over and a recession is not imminent.
However, as press reports show, a problem remains: Americans believe the economy is going in the wrong direction and that it is the President’s fault.