https://abcnews.go.com/amp/Politics/record-numbers-worse-off-recipe-political-discontent-poll/story?id=96884607
Record numbers of people are worse off, a recipe for political discontent: POLL
4 in 10 Americans say they are worse off financially since Biden took office.
ByGary Langer
February 5, 2023, 12:01 AM ET
Four in 10 Americans say they've gotten worse off financially since Joe Biden became president, the most in ABC News/Washington Post polls dating back 37 years. Political fallout includes poor performance ratings for Biden and a tight hypothetical Biden/Trump rematch next year.
Given disaffection with both leaders, a rerun of the 2020 presidential election is hardly enticing: Nearly six in 10 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.
If those were the choices and the election were today, the poll suggests it could be close: Among all adults, 48 percent support Donald Trump and 44 percent are for Biden; it's a similar 48-45 percent among registered voters. The differences are within the poll's margin of sampling error.
The big hit on Biden is the economy: With inflation moderating but still high, 41 percent say they're not as well off financially as they were when Biden took office, the most in nearly three dozen ABC/Post polls to ask the question since 1986, when Ronald Reagan, who popularized the "better off" phrase, held office. Just 16 percent in this poll, produced for ABC by Langer Research Associates, say they're better off.
MORE: POLL: Most Americans think both Biden and Trump inappropriately handled classified documents
By contrast, nearly two years into Trump's presidency, far fewer – 13 percent – said they'd gotten worse off; more, 25 percent, were in better shape financially.
Biden's overall job performance rating, 42-53 percent, approve-disapprove, has been under water, and steadily so, since September 2021. On issues, Biden has just 37 percent approval for handling the economy, 38 percent on the war in Ukraine and 28 percent on the immigration situation at the Mexican border.
Biden's approval rating after two years in office is well below average compared with the previous 13 presidents. Three have been in about the same boat at this point (Gerald Ford, Jimmy Carter and Ronald Reagan) and one has been lower – Trump, at 37 percent, in polling by ABC/Post and previously Gallup. The pre-Biden average is 56 percent.
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Charts and graphs at the link.