CNN: Biden Is Now Losing to Jimmy Carter on handling of the economy

The Biden Administration’s tax and spend policies have caused high inflation, stagnant economic growth, supply chain problems, and labor shortages. The Biden Administration is Carter 2.0. The millions of Americans who voted against President Trump because they didn’t like his tweets are paying the price. Literally.

CNN: Biden Is Now Losing to Jimmy Carter in Key Metric

By Western Journal, December 23, 2021

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Americans are putting President Joe Biden’s dismal economic performance in his first months in office on a level not seen by a first-term president since Jimmy Carter.

Carter sported a negative eight-point approval rating on his handling of the economy in a January 1978 CBS News/New York Times poll cited by CNN. That means polling showed those disapproving of Carter’s performance were eight percentage points higher than those approving of what Carter was doing.

The Consumer Price Index inflation calculator shows that at the time, inflation was at 6.8 percent.

If the number looks familiar, that’s because it comes close to the current rate of inflation in Joe Biden’s America.

In a CNN/SSRS poll, Biden has a negative nine-point approval rating. CNN noted that with other polls factored in, Biden averages a negative 13-point approval rating on the economy.

For context, the presidential average at this point in a term is plus five points.

The rating of former President Donald Trump, measured in December 2017, was a negative four points, coming at a time when the now-disproven claims of collusion with Russia were dominating the news.

Biden’s ratings are even worse among small business owners, according to CNBC.
A recent survey showed only 34 percent of small business owners approve of Biden’s performance.
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