US President Joe Biden’s approval rating sank to 38% in a CNBC poll released on Thursday, down from 46% in December. Respondents rated Biden poorly on his handling of the economy and the conflict in Ukraine, and rated inflation as their number one concern.
The poll found Biden sitting at 38% approval, and 53% disapproval. Just four months earlier, CNBC clocked Biden at 46% approval to 48% disapproval. On his handling of the economy, Biden rates even lower, with only 35% of Americans approving of his job and 60% disapproving, down from 37% and 56% respectively in December. When it comes to the economy, Biden’s rating has fallen consistently over four consecutive CNBC polls.
Some 48% of respondents rated the rising cost of living as their number one concern, with the situation in Ukraine coming in second at 31%, followed by immigration (23%) and unemployment (20%).
The US Labor Department said on Tuesday that its consumer price index soared 8.5% in March from 12 months earlier, the sharpest year-over-year increase since 1981. However, some prices have increased by far more than 8.5%, with gasoline up around 40% in the year ending in March.
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