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American Confidence Plummets as Biden Bungles It

July 28, 2021 By E.J. Smith - Your Survival Guy

 Vice President Joe Biden at the Vice President’s Residence in Washington, D.C., on Feb. 22, 2010. (U.S. Army photo by Staff Sgt. Jim Greenhill) (Released)

Six months in, and Americans are not happy with Joe Biden. Inflation is soaring, there are shortages of things like food and fuel, crime is rampant, the border is wide open, unemployment remains high despite businesses eager to hire, and COVID cases are rising again. Americans are realizing that despite Biden’s promises, their lives aren’t going back to normal any time soon. Quinn Scanlan reports on the devastating poll on American confidence from ABC/Ipsos, writing:

As President Joe Biden completed 100 days in office, the country was optimistic about the coming year, but now, just after hitting the six-month mark, Americans’ optimism about the direction of the country has plummeted nearly 20 points, a new ABC News/Ipsos poll finds.

A majority — 55% — of the public say they are pessimistic about the direction of the country, a marked change from the roughly one-third (36%) that said the same in an ABC News/Ipsos poll published May 2. In the early May survey, Americans were more optimistic than pessimistic by a 28-percentage point margin. Optimism is now under water by 10 points. Looking ahead to the next 12 months, fewer than half — 45% — now report feeling optimistic about the way things are going, a significant drop from about two-thirds (64%) in the May poll.

The decline in optimism has occurred across the board among Democrats, Republicans and independents. Optimism is down about 20 points among Democrats and Republicans and down 26 points among independents. Among Democrats, about 7 in 10 (71%) now say they are optimistic about the direction of the country over the next 12 months. That’s much lower than the near universal (93%) approval from Democrats on Biden’s handling of the pandemic. In politics today, partisans usually are more unified in their support or opposition to particular issues or people.

The optimism-pessimism flip comes as Americans give Biden his lowest approval rating for his handling of the pandemic yet in ABC News/Ipsos polling. A little over 6 in 10 (63%) approve of the president’s response to the coronavirus, according to the poll, which was conducted by Ipsos in partnership with ABC News using Ipsos’ KnowledgePanel.

Action Line: You’re not alone in thinking Biden is doing a terrible job. Stay on the pulse of American sentiment by clicking here to sign up for my free monthly RAGE Gauge alert.

Originally posted on Your Survival Guy.

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E.J. Smith - Your Survival Guy
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
E.J. Smith - Your Survival Guy
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