The Associated Press-NORC Center for Public Affairs Research survey showed that President Biden’s approval ratings are dropping toward one of the lowest points they have ever reached during his presidency.
According to the recently released poll, Biden’s current approval rating is at 38 percent, whereas last month his approval rating had climbed up to 45 percent. In January his approval rate had reached 41 percent.
So far, the lowest number that Biden has ever reached was 36 percent last July. The Biden administration is currently dealing with high-profile bank failures which have led to turmoil and uncertainty about the country’s economic future. At the same time, the federal government is continuing to fight against the high inflation rates.
As part of the poll, 1,081 adults were questioned about whether or not they approved of Biden’s time in the Oval Office. Of those 31 percent stated specifically that they approved of the work that Biden has so far done regarding the national economy and that they were confident about the country’s future.
Despite the lower approval ratings, Biden has recently had a number of legislative victories including a law that would fund domestic manufacturing of microchips, a climate and tax bill, and a bill codifying same-sex marriage rights and protection.
Still, the threat of the debt ceiling not being raised and the concerns over the U.S. economy have led to Biden having to face many domestic economic battles, including the high inflation rights and the subsequent increases to interest rates as a measure of control.