According to a recent poll conducted by the Financial Times/Michigan Ross, 51 percent of voters believe that their financial situation has worsened under President Joe Biden’s economic policies. The Republican National Committee estimated that the average Wisconsin family lost nearly $22,000 due to the increased cost of living under Biden. In comparison to former President Donald Trump’s administration, the price of a McDonald’s Big Mac meal has increased by $10 in some locations, now costing $18.
The poll revealed concerning results for Biden’s reelection prospects, with only 28 percent of voters stating that his economic policies benefited them. Additionally, 71 percent of respondents viewed economic conditions negatively, and 80 percent identified soaring prices as a significant challenge. The poll also indicated that voters trust Trump over Biden when it comes to the economy, with 43 percent preferring Trump and only 35 percent favoring Biden.
Despite Biden’s focus on green manufacturing jobs and infrastructure rebuilding, the survey suggested that his economic policies, known as “Bidenomics,” are not resonating well with voters. Many voters attribute high consumer prices, particularly for fuel and food, to Biden, while failing to acknowledge the positive aspects of the economy and job market under his administration.
The poll sampled 1,000 respondents and was conducted from May 2 to May 6, with a margin of error of 3.1 points. Wendell Husebo, a political reporter with Truth Voices, analyzed the poll results and highlighted concerns about inflation, income levels, and housing costs among voters.
