4 In 10 Americans Became Financially Unstable Under Joe Biden's Presidency: Report

A new poll report released days ahead of President Joe Biden's State of the Union address has yielded concerning results. Four in 10 Americans have said their finances deteriorated significantly since the reigning President came to power.

The findings were a part of the public opinion survey commissioned by ABC News/Washington Post, dating back to 1986. Sky-high inflation was one of the reasons why Biden was written off by the highest percentage of voters who have taken part in the ABC/Post public surveys since 1986.

41 percent of participants said they are worse off financially, and not as stable as they were before the Biden era, while a measly 16 percent of survey takers said they are better off, ABCNews reported. Speaking of Biden's predecessor, 13 percent had said their financial woes heightened after Donald Trump became the President, in a survey conducted two years into the latter's presidency. 25 percent had said they were in decent shape, financially.

As of January 2023, Biden's public approval rating stood at 40% while 53% of Americans disapproved of him, Reuters reported. His dipping approval rating saw a one percent improvement, compared to 39% results in a Reuters/Ipsos poll in Dec.

Nearly six in 10 Democrat-leaning adult citizens are not in favor of Biden's second term as President. If the elections were to be held today, Trump would score better and win with a 48-44 percent votes over Biden.

Speaking of emotional responses, only 7 percent will be enthusiastic if Biden secures a second term while 30 percent will be angry. In the same poll, support appeared to be mounting for Trump as 17 percent said they will be enthusiastic if Trump becomes President again whereas 20 percent will be dissatisfied but not angry. 32 percent had said they will be dissatisfied but not angry if Biden wins in 2024.

This does not mean Trump completely outshines Biden. As highlighted in the public response toward the handling of classified documents by both Presidents, 27 percent feel Biden did something illegal intentionally while a whopping 45 percent feel the same for Trump. However, 20 percent feel Trump didn't do anything wrong, compared to 16 percent who say the same for Biden. Additionally, 29 percent believe Trump acted wrongly but not intentionally compared to 48 percent survey takers who said Biden's actions were wrong but not intentional.