Zinger Key Points
- Economic growth under Trump (excluding 2020) averaged 2.67%. Under Biden, annual growth averages 3.4%.
- Biden has blamed Trump and his allies in Congress for rejecting a bipartisan immigration bill.
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President Joe Biden‘s approval rating poll from a Reuters/Ipsos poll shows support nearing two-year lows.
What Happened: The new poll, conducted from Friday to Monday, showed the president’s approval rating at 36%.
This marked a decline from Biden's 38% approval rating in April; it’s also the lowest approval rating in the same poll for Biden since July 2022.
The top issue for the 2024 presidential election selected by poll respondents was the economy at 23%.
Ranking second and third were political extremism and immigration at 21% and 13% respectively.
The S&P 500 and the Dow Jones Industrial Average hit new highs under both Biden and former President Donald Trump.
But, under Trump, economic growth after inflation averaged 2.67% (1.45% including 2020), according to the Bureau of Economic Analysis.
Under Biden, annual growth averages 3.4%.
On the issue of immigration, 42% of respondents picked Trump as the preferred candidate; 25% selected Biden.
Biden has blamed Trump and his supporters in the House of Representatives, including House Speaker Mike Johnson (R-La.), for rejecting a bipartisan bill on immigration.
Biden was favored on the issue of political extremism, with 34% selecting the current president and Trump getting 30% of support.
Related Link: Biden Campaign To Hire Meme Manager – Will It Help Win Over Young Voters In 2024 Election?
Why It's Important: The race between Biden and Trump remains close in many election polls as voters get ready to head to the polls in less than six months.
But the job approval rating doesn’t bode well for Biden’s re-election campaign. Voters remain concerned about high inflation.
The 2024 election is the first rematch since 1956 between presidential candidates. The election will also be the first since 1892 when two candidates who have previously served as presidents face off.
This means most voters will have experienced both candidates as presidents over the last nearly eight years and could be able to weigh the candidate's experience handling several items.
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