Monday, May 2, 2022

BIDEN ECONOMY: Gallop Poll Shows 76 Percent of Americans Say Economy Is Getting Worse

Barack Obama, or whoever is behind the insane anti-American policies of the Biden Administration, is determined to ensure that Joe Biden is the most hated President in US history.  Now a majority of Americans say Biden’s economy is getting worse.

Last week we reported that the US GDP had declined.  The highest the GDP had been in the past six months was in October of 2021.

BIDEN ECONOMY: US GDP “Unexpectedly” Declines by 1.4% in First Quarter – Biden Manufactured Recession Is on its Way

Inflation is at all-time highs by some measurements and at 50-year highs in other measurements.

BIDEN ECONOMY: Producer Price Index (Another Measurement of Inflation) Reaches 11.2% – Surpassing Its All-time High

We then found out on Friday that April’s stock market results were the worst results for the month of April since 1970.  This is more than 50 years ago.

BIDEN ECONOMY: The DOW and S&P 500 Record Worst April Since 1970

Unsurprisingly, Gallop released a poll showing most Americans believe the economy is getting worse.  Conservative Treehouse reported:

The defender and protector of leftist politics, CNN’s Chris Cillizza, is having a meltdown over the 2022 mid-term prospects for Democrats, calling the economic situation “disastrous for Democrats’ 2022 chances.”

Cillizza is referencing the cumulative effect of high inflation, high gas prices, a negative GDP outcome for the first quarter, and now the latest Gallup polling data:

In the latest Gallup poll, conducted April 1-19, four in five U.S. adults rate current economic conditions in the country as only fair (38%) or poor (42%), with few describing conditions as excellent (2%) or good (18%). Furthermore, 76% of Americans say the economy is getting worse, 20% say it is improving, and 3% think it is staying the same. (read more)

As CNN shares, “if things stay roughly where they are today — in terms of economic measures like GDP and CPI and Americans’ perceptions of the state of the economy — Democrats will experience a cataclysm at the ballot box this fall. The question won’t be whether they hold their paper-thin majorities in the House and Senate, but rather how big the electoral hole will be that they have to try to dig out from over the coming decade.” (link)

Americans know it when politicians are working against them.  The Biden-Obama gang is working to destroy this country and everyone can see it.

The post BIDEN ECONOMY: Gallop Poll Shows 76 Percent of Americans Say Economy Is Getting Worse appeared first on The Gateway Pundit.



from The Gateway Pundit https://ift.tt/IWTgZbu

No comments:

Post a Comment