CNN: Brandon's Ratings on the Economy Are Officially Lower Than Carter's

Yeah I'll link CNN for this. (But don't click.)

(CNN) President Joe Biden is struggling in the minds of the American public. While his approval rating is down on a slew of issues, his difficulties are perhaps most noticeable on the economy.

Biden now sports the lowest net economic rating of any president at this point through their first term since at least Jimmy Carter in 1977.

In the latest CNN/SSRS poll, Biden comes in with a 44% approval rating to 55% disapproval rating among registered voters on his economic performance. This makes for a -9 point net approval rating. The average of all polls taken in December is quite similar with Biden at -13 points on the economy.

To put that in perspective, the average president at this point in the last 44 years (since we have been polling on the topic) had a net economic approval rating of +5 points. That means Biden's is 18 points worse than the average.

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[T]he issue of inflation hurting a president helps to put Biden's bad position in perspective. The public reaction now looks at least somewhat similar to how the public was reacting to another president under whom inflation was an issue: Carter.

A lot of Republicans like to draw parallels between Carter (who was a one-term president) and Biden. And at least early on, when it comes to public perceptions of the economy and inflation, there are some similarities between them.

Carter's economic net approval rating of -8 points in an early January 1978 CBS News/New York Times poll was the lowest around this point in a presidency before Biden's -13 points. The economy, and particularly inflation, was listed as the nation's top problem in a late October 1977 Gallup poll.

Importantly, far more Americans (52%) in a November 1977 Time Magazine poll thought that Carter was not making a good start to fighting inflation than thought he was (21%). In other words, Americans felt his efforts were not enough to control inflation.

posted by Ace at 12:19 PM

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