MONEY PROBLEMS: Most voters think the economy is in bad shape, a record number feel it’s getting worse for their family, and not many think the White House is helping, according to a new Fox News survey.
White House Press Secretary Karine Jean-Pierre provides insight on debt ceiling negotiations during a White House press briefing.is in bad shape, a record number feel it’s getting worse for their family, and not many think the White House is helping, according to a new Fox News survey.
Economic views are negative by more than three-to-one: 21% say it is in excellent/good shape, while 78% rate it as only fair/poor. That’s worse than the 33-66% rating at the end of Trump’s term , and it’s much worse when compared to pre-pandemic views. At that time, 55% rated the economy positively, with a record 20% calling conditions"excellent" .Sentiment is similar on the personal level, with 70% feeling the economy is getting worse for their family.
going back 20 years, and three times the number who feel it’s getting better . The previous"getting worse" record was 56% in 2006.Women under age 45 , those with annual income below $50,000 , and voters under age 35 are some of the most likely to feel things are getting worse. In addition, voters are more likely to think the Biden administration’s actions on inflation are hurting or not making a difference rather than helping .actions on inflation are hurting, independents say they aren’t making a difference , and views among Democrats split between helping and not making a difference . Partisans share the view, although at differing levels, that the economy is getting worse for their family, as majorities of Democrats , independents , and Republicans feel that way.
"The sizable majority of voters saying the economy is getting worse for them puts a fine point on the damage inflation has inflicted," says Democratic pollster Chris Anderson, who conducts the Fox News poll with Republican counterpart Daron Shaw."And the potential damage higher prices could inflict on President Biden's political prospects."
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