Biden Leaves Office with Low Approval Ratings Amid Economic Dissatisfaction

President Biden Leaves Office with Low Approval Ratings

President Biden's time in office has come to an end with negative job and personal ratings, reflecting voters' dissatisfaction with the economy and his administration's handling of it.

A Fox News survey conducted in January 2024 revealed that a majority of voters (52%) believe the Biden administration has worsened the economy, while only 28% believe it has improved. Additionally, a staggering 89% of voters expressed concern about inflation, a significant increase from the 83% who were concerned at the beginning of his term.

The overall perception of the economy remains negative, with 70% of voters rating it as "bad." While this is an improvement from the peak of 84% who held this view in July 2022, it is still comparable to the 69% who felt the same at the start of Biden's presidency.

Despite presiding over a strong post-pandemic economic recovery and making significant investments in infrastructure, voters perceive Biden's economic policies as counterproductive. Only 13% of voters feel they are financially better off, while 42% feel they are falling behind. This sentiment is particularly pronounced among Democrats, with 38% feeling they are falling behind compared to 19% in June 2021.

The economic dissatisfaction has translated into low approval ratings for President Biden. As he leaves office, only 42% of voters approve of his job performance, just 2 points above his record low. This is lower than Barack Obama (57%) and Bill Clinton (62%) at the end of their presidencies, but higher than George W. Bush (34%).

Furthermore, Biden's personal favorability has also declined. While 59% of voters had a favorable opinion of him at the end of 2020, only 40% view him favorably now. This makes him less popular than Trump, Obama, Bush, and Clinton at the end of their terms.

In contrast, Trump's current favorability rating stands at a record high of 50%, with an equal number of voters viewing him positively and negatively.

The Fox News survey was conducted between January 10th and 13th, 2024, and included interviews with a representative sample of 922 registered voters. The margin of error for the full sample is ±3 percentage points.