As Inflation Worries Surge, 60% of Independent Voters Now Rate Biden as 'Poor' on the U.S. Economy

Just 34% of all likely voters currently rate Biden’s handling of economic issues as "excellent" or "good."

WASHINGTON, D.C. (Texas Insider Report) — A whopping 83% of "Likely U.S. Voters" now say they are concerned about inflation in the U.S. economy, including 57% who say they are "Very Concerned" according to a new Rasmussen Reports & National Pulse telephone and online survey. Just 14% are not concerned about inflation.

Inflation worries are shared by an overwhelming majority of voters across party lines, with 90% of Republicans, 77% of Democrats and 86% of unaffiliated voters at least Somewhat Concerned about inflation.
 

• Just 31% of white and minorities other than blacks rate Biden as either excellent or good on his handling of economic issues, and 
• 55% of Black voters share that view.

Black voters (44%) are less likely than whites (60%) or other minorities (59%) to be "Very Concerned" about inflation.

Inflation worries have risen since May, when 76% of voters were concerned, including 45% who were "Very Concerned."
 

• 51% of Likely U.S. Voters now give Biden a "poor" rating on his handling of the economy, including
  • 60% of Unaffiliated Voters
  • 21% of Democrats, and
  • 78% of Republicans.
• 34% of all likely voters currently rate Biden’s handling of economic issues as "excellent or good."
• Those figures represent a significant decline since July, when
  • 43% gave him a "poor" rating on economic issues, and
  • 42% of voters rated Biden "good or excellent."

While 62% of Democrats still rate Biden excellent or good on his handling of economic issues, that view is shared by only 16% of Republicans and 20% of voters not affiliated with either major party.
 

• Biden’s positive rating on the economy has dropped 17% with Unaffiliated Voters since July.
• Among voters who say they are "Very Concerned" about inflation, 76% give Biden a "poor" rating for his handling of the economy.

Voters earning $100,000 a year or more have a more favorable view of Biden’s handling of economic issues than do voters earning less. Similarly, those with graduate degrees have a higher opinion of Biden on the economy than do those with less education.
 

• Voters Rate Biden Worse on Crime Than on Economy

Voters under 40 are significantly less likely than their elders to be Very Concerned about inflation.

Government employees are much more likely than private sector workers to have a favorable view of Biden’s handling of the economy. Retirees are most likely to be Very Concerned about inflation.
 

• Problems affecting the U.S. supply chain also have a majority of Americans concerned, as they are already noticing shortages in stores.
• More than two-thirds of voters – 69% – are against plans in Congress to give the IRS access to data on all bank transactions over $600, and
  • most believe Democrats are lying when they say they’ll only raise taxes on the rich.

The survey of 1,000 U.S. Likely Voters was conducted on October 13th-14th, 2021 by Rasmussen Reports and The National Pulse. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. To see survey question wording, CLICK HERE. To see methodology, CLICK HERE. 

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