As inflation surges, Biden's approval rating drops to 41% - Reuters/Ipsos poll

Published 04/12/2022, 06:53 PM
Updated 04/12/2022, 06:56 PM
© Reuters. FILE PHOTO: U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower

By Jan Wolfe

WASHINGTON (Reuters) - U.S. President Joe Biden's public approval rating fell to 41% this week, a blow to his Democratic Party's hopes of retaining control of Congress in November's elections, according to a Reuters/Ipsos opinion poll.

Sagging under the weight of higher consumer costs, the 41% approval rating was just above Biden's all-time low of 40% hit in mid-March, one of the lowest levels of support in his presidency. The drop suggests that the small burst of momentum Biden briefly enjoyed last week, when he hit 45%, has stalled.

Inflation, which hit a 40-year high on Tuesday, is seen as a major liability for his party as it heads into the elections. Americans are struggling with rising energy and food costs fueled by the war in Ukraine.

The poll found Americans want Biden to prioritize economic issues, with 27% saying the economy is the most important problem facing the United States today.

On Tuesday, Biden unveiled plans to extend availability of higher biofuel blends of gasoline during the summer to curb soaring fuel costs and to cut reliance on foreign energy sources.

Democrats are widely expected to lose control of the House of Representatives and possibly the Senate to Republicans, who would likely block many of Biden's legislative efforts.

© Reuters. FILE PHOTO: U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 31, 2022. REUTERS/Kevin Lamarque/File Photo

The two-day national poll found 53% of Americans disapprove of Biden's job performance. Only one-quarter of Americans said they believe the country was headed in the right direction.

The Reuters/Ipsos poll is conducted online in English throughout the United States. The latest poll gathered responses from a total of 1,005 adults, including 444 Democrats and 369 Republicans. It has a credibility interval - a measure of precision - of +/- 4 percentage points.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.