published : 2023-09-07
Americans Grade President Biden's Handling of the Economy as He Touts 'Bidenomics'
High prices, poor economic conditions under Biden are 'not fair to the American people': Texas voter
Americans in the nation's capital have voiced their opinions on President Biden's economic policies, with contrasting viewpoints.
Cindy, a Texas resident, expressed her dissatisfaction with Biden's approach, stating that she does not believe he prioritizes the interests of everyday people. She gave him a failing grade. She highlighted the rising costs of electricity, groceries, and fuel, deeming it unfair to the American people.
On the other hand, Rick from Delaware praised Biden's handling of the economy, awarding him an A. He acknowledged the initial economic downturn caused by the COVID-19 pandemic but commended Biden's efforts in boosting and stabilizing the economy while keeping inflation in check.
The opinions on Biden's handling of the economy vary, with Cindy giving him an F and Rick giving him an A.
President Biden has been promoting his 'Bidenomics' approach, emphasizing the rebuilding of the economy after the pandemic. However, despite inflation easing from its peak in June 2022, a recent Wall Street Journal poll showed that a majority of voters disapprove of Biden's handling of the issue and the economy overall.
Therion, a small business owner from Texas, expressed frustration with the impact of Biden's policies on his business. He awarded Biden an F, stating that rising fuel prices and increased interest rates have had a detrimental effect.
Gas prices have seen significant increases in recent times, hitting new records last summer. The average price currently stands at around $3.80, marking a rise of 72 cents compared to 2021. The Federal Reserve has also increased the benchmark interest rate multiple times, reaching a 22-year high of 5.5% in June 2022.
Colleen from Chicago expressed a more positive view, giving Biden a B-plus. She highlighted that Biden's steady leadership and collaboration with his knowledgeable staff have contributed to the positive state of the economy. She also emphasized the importance of stability for the country.
The article presents a range of opinions on President Biden's handling of the economy, with varying grades assigned by different individuals.
Isabelle McDonnell contributed to the accompanying video.
Megan Myers is an associate producer/writer with Fox News Digital Originals.
Subscribe to get all the stories you need-to-know from the most powerful name in news delivered to your inbox every morning.