Off Topic The SIR Kenny Dalglish Public House

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Joe Biden now has the lowest net economic rating of any president since polling for this topic began. He has a -9 net approval rating with the average of all polls taken in December putting him at -13 (on his economic performance).

For perspective, the average president at this point in office had a net economic approval of +5 which means Biden's rating is 18 points worse than the average. Lower than both Obama and Trump. With the economy being viewed as the nation's and the individual's top problem, he has a lot of work to do.
 
johnsonsbaby said:
Joe Biden now has the lowest net economic rating of any president since polling for this topic began. He has a -9 net approval rating with the average of all polls taken in December putting him at -13 (on his economic performance).

For perspective, the average president at this point in office had a net economic approval of +5 which means Biden's rating is 18 points worse than the average. Lower than both Obama and Trump. With the economy being viewed as both the nation and the individual's top problem, he has a lot of work to do.
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Does the polling actually reflect the state of the economy? Latest figures I can see it grew by 2.3% in Q3, 6.7 in Q2 and 6.1 in Q1. Jobs seem to be going up too, albeit at a lower rate than expected. Considering we're in the middle of a pandemic, i don't know what the public expects?

How can they view the economy being the nations top problem above a) the pandemic b) the essentially hogtied congress due to having no clear majority and partisan politics.
 
johnsonsbaby said:
Joe Biden now has the lowest net economic rating of any president since polling for this topic began. He has a -9 net approval rating with the average of all polls taken in December putting him at -13 (on his economic performance).

For perspective, the average president at this point in office had a net economic approval of +5 which means Biden's rating is 18 points worse than the average. Lower than both Obama and Trump. With the economy being viewed as the nation's and the individual's top problem, he has a lot of work to do.
Click to expand...

Yeah but it's called inflation and was set in motion by trumps slashing of taxes and before that masses of money printed by Obama.

Its absolutely rampant over there.

Mark my words theres a massive bubble in their stock market that will pop. Tesla for example is a house of cards, value backed by nothing at all.
 
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Gerrardsitchyear said:
Does the polling actually reflect the state of the economy? Latest figures I can see it grew by 2.3% in Q3, 6.7 in Q2 and 6.1 in Q1. Jobs seem to be going up too, albeit at a lower rate than expected. Considering we're in the middle of a pandemic, i don't know what the public expects?

How can they view the economy being the nations top problem above a) the pandemic b) the essentially hogtied congress due to having no clear majority and partisan politics.
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It's an approval poll. The American public aren't happy that the cost of everything is going up and up. I doubt they're bothered about a hog tied Congress tbh.
 
johnsonsbaby said:
It's an approval poll. The American public aren't happy that the cost of everything is going up and up. I doubt they're bothered about a hog tied Congress tbh.
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The price of stuff is going up everywhere, there's a massive supply problem world wide due to lots of factors, including COVID and all the shipping containers stuck in China right?

Re. Congress, it concerns me and I'm not even American!
 
Gerrardsitchyear said:
The price of stuff is going up everywhere, there's a massive supply problem world wide due to lots of factors, including COVID and all the shipping containers stuck in China right?

Re. Congress, it concerns me and I'm not even American!
Click to expand...

Inflation is the other side of the coin the banks have been loving for years. The law of supply and demand. They love having their shares flying up and that's pure supply and demand equations.

They love their taxes falling but they cant seem to see lots of money floating about means lots of buying and the concept of finite supply seems to not have occurred in yankland.

The eu are still pumping money in on the other side like morons.

We are headed towards a massive energy and financial crisis again. 15% inflation is going to shock a lot of younger people but it's coming.
 
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Gerrardsitchyear said:
The price of stuff is going up everywhere, there's a massive supply problem world wide due to lots of factors, including COVID and all the shipping containers stuck in China
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You're right but the American public are only concerned about what's happening in their own country and they're not happy with the way it's being handled.

Although the whole world is suffering economically atm as you rightly say, America is the only country that's seeing mass smash and grabs in it's major cities with offenders being allowed to carry them out with impunity with several Democrats saying that it shouldn't be classed as a crime. Even the White House press secretary blaming them on the pandemic. When the shops restock, prices will go up again. How does the public trust this sort of thinking from this administration?
 
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