U.S. voters believe the economy is improving, but a public opinion poll shows that this perception is not easily translated into favorable votes toward President Joe Biden. According to the results of a poll of 1,500 U.S. voters conducted by the Wall Street Journal (WSJ) on the 3rd from the 21st to the 28th of last month (margin of error ±2.5% points), 31% of respondents said they were concerned about the economy over the past two years during President Biden’s term.
He answered that it has improved.
This is a 10-percentage point increase compared to the WSJ poll conducted in December last year. Additionally, the number of respondents who said their financial situation was going well was 43%, up 9 percentage points compared to the survey in December last year.
This suggests that voters’ perception of the U.S. economic situation has improved significantly in recent months. However, although this change in economic awareness is a positive factor for President Biden, there does not seem to be a clear change in public opinion toward the incumbent president.
When the two former and incumbent presidents face off in the upcoming presidential election in November, former President Donald Trump (47%) led President Biden (45%) within the margin of error. Although the gap was narrowed compared to the WSJ opinion poll in December last year (4 percentage points), the amount of change was relatively small compared to the improved perception of economic conditions.
The reason why positive economic perceptions do not lead to a clear increase in the incumbent president’s approval rating is that negative perceptions of rising prices remain.
In fact, despite the significant slowdown in inflation indicators, three-quarters of respondents still believed that the rate of inflation was outpacing the rate of household income growth. The proportion of respondents who said that President Biden is controlling prices properly was 37%, which is 7 percentage points higher than the survey conducted in December last year, but still only about one-third of all respondents.
Furthermore, the WSJ explained that the fact that voters’ interests are focused on immigration issues is also cited as a background. President Biden’s ‘old age risk’ is also the biggest obstacle making it difficult for him to be re-elected. 73% of WSJ survey respondents considered President Biden’s age (81) too old to serve his second term.
On the other hand, 52% of respondents said that former President Trump (77) was too old. Concerns about President Biden’s age also appear in the results of other recently conducted opinion polls.
According to a survey conducted by the New York Times (NYT) and Siena University on 980 registered voters in the United States from the 25th to the 28th of last month, 73% of respondents answered that Biden is too old to properly perform the duties of president.
Among voters who said they supported Biden in the 2020 presidential election, this proportion of responses reached 61%. On the other hand, only 42% of respondents said that former President Trump was too old to properly perform his duties as president.
