Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Biden's approval rating falls to lowest level in nearly two years-Reuters/Ipsos poll

Published 05/21/2024, 02:21 PM
Updated 05/21/2024, 02:30 PM
© Reuters. U.S. President Joe Biden leaves after visiting Merrimack Veterans of Foreign Wars Post 8641 in Merrimack, New Hampshire, U.S. May 21, 2024. REUTERS/Leah Millis/ File Photo

By Jason Lange

WASHINGTON (Reuters) - U.S. President Joe Biden's public approval rating this month fell to its lowest level in almost two years, tying the lowest reading of his presidency in a warning sign for his reelection effort, a Reuters/Ipsos poll showed.

The four-day poll, which closed on Monday, showed just 36% of Americans approve of Biden's job performance as president, down from 38% in April. It was a return to the lowest approval rating of his presidency, last seen in July 2022. While this month's drop was within the poll's 3 percentage point margin of error, it could bode poorly for Biden as he faces off with Republican Donald Trump in the Nov. 5 presidential election. 

Biden, a Democrat, has been largely tied with Trump in national polls asking voters how they will vote. But Trump has had slight leads over Biden in many polls in the states seen as most likely to determine the winner in the U.S. Electoral College.

The poll laid out Biden's weaknesses as well as a few strengths. The state of the economy was seen as the top issue, picked by 23% of respondents as the most important problem facing the country. Some 21% saw political extremism as the top issue and 13% picked immigration. 

Some 40% of respondents in the poll said Trump, who was president from 2017 to 2021, had better policies for the U.S. economy, compared to 30% who picked Biden, while the rest said they didn't know or didn't answer the question.

Trump had a significant edge on immigration, with 42% of respondents preferring his approach to the issue, while 25% picked Biden.

Biden had a modest advantage on the issue of political extremism, with 34% of respondents picking the president's approach and 30% saying Trump was better on the issue.

Respondents said they thought Trump had the better approach to foreign conflicts and terrorism, with 36% favoring Trump in that area, compared with 29% who favored Biden.

The state of the U.S. economy looms as one of the larger factors weighing on Biden's hopes of reelection.

Voters have been stung by several years of fast-rising consumer prices, though inflation has slowed considerably in recent months and the jobless rate has been below 4% for more than two years. Biden's age, at 81, is also a concern for voters.

Also weighing on the president, a separate Reuters/Ipsos poll this month showed that many Democrats disapprove of Biden's response to Israel's war on Hamas militants. The poll published on Tuesday did not ask if Americans approve of Biden's support for Israel's war effort in Gaza, which sharply divides Democrats.

© Reuters. U.S. President Joe Biden leaves after visiting Merrimack Veterans of Foreign Wars Post 8641 in Merrimack, New Hampshire, U.S. May 21, 2024. REUTERS/Leah Millis

Looming over Trump, 77, are four criminal prosecutions, including a New York criminal hush money trial due to wrap up next week. Trump on Tuesday opted not to testify in the case, which involves charges he falsified business records, bringing his defense to a quick conclusion and clearing the way for jurors to begin deliberations next week. Two other pending trials are tied to his efforts to overturn his loss to Biden in the 2020 presidential election. 

Trump falsely claims his 2020 election defeat resulted from fraud. He included the claim in a fiery speech shortly before hundreds of his supporters stormed the U.S. Capitol on Jan. 6, 2021. Five people died.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.