People Hear ‘Bidenomics,’ They Think Higher Inflation And Tax Increases

(RepublicanReport.org) – After years of rising prices and increased taxes to cover government shortfalls, many Americans are struggling to get by. Meanwhile, President Joe Biden’s presidential campaign coined the word “Bidenomics” in hopes of capturing a second term. However, a recently surveyed showed that effort to appeal to the public appears to have backfired.

On July 30, media outlets reported the latest CBS News/YouGov poll results. Conducted from July 26 to 28, the survey of more than 2,000 adults showed that Biden’s approval rating hit an all-time low, with a stunning 60% of respondents indicating they disapproved of his job. A paltry 40% said they approved.

As bad as those numbers appear, the ones related to the nation’s economy revealed an even higher level of discontent. A whopping 66% disapproved of Biden’s handling of economic issues. Only 34% expressed approval.

Despite the Biden campaign’s efforts to strike a chord with voters, 59% of the individuals surveyed said they hadn’t heard much or anything at all about the term “Bidenomics.” Inversely, 14% said they came across the phrase “a lot,” and 27% responded they had “some” awareness of the concept.

The survey followed up by asking individuals familiar with Bidenomics what came to mind when they heard the term. Fifty percent (50%) said it made them think about higher inflation, and 49% said they thought about tax increases.

Biden also scored poorly on several other fronts. For instance, 70% of respondents disapproved of his handling of inflation; 63% said the same about the president’s approach to immigration.

Likewise, 58% of the survey participants disapproved of Biden’s handling of jobs and employment issues, and 60% didn’t approve of his approach to the ongoing military conflict between Russia and Ukraine.

Past campaigns have been won and lost based on candidates asking voters to consider one simple question: “Are you better off now than you were four years ago?” How are you doing? Are you ready for another four years of Bidenomics?

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