"Four in ten Americans say they've gotten worse off financially since Joe Biden became president," a poll held by US media said. The release stressed that this was the highest number of Americans reporting that they had become poorer in such a survey in 37 years.
The political fallout includes poor performance ratings for Biden and a tight hypothetical Biden-Trump rematch in the 2024 US presidential election, the release said.
"Given disaffection with both leaders, a rerun of the 2020 presidential election is hardly enticing: Nearly six in ten Democratic-aligned adults don't want to see Biden nominated again for the job and half on the Republican side would rather not see Donald Trump as their party's nominee," the release said.
For much of the latter part of Biden’s presidency, his administration has been hammered by soaring inflation, a key factor driving public discontent, among other declining economic indicators.
On the other hand and similarly troubling for Biden’s potential reelection campaign, only 16% of Americans say they are better off, the release added.