April 10, 2024 19:19 GMT
Biden Approval Rating Remains Below Key Benchmark Despite Campaign Recovery
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President Biden's approval rating remains below 40% - often seen as a key benchmark for a successful re-election campaign - despite a recent surge in head-to-head polling with former President Donald Trump and improved standing on betting markets.
- The economy is still a vulnerability for Biden. He said in a statement following today's hotter-than-expected CPI report: "Today’s report shows inflation has fallen more than 60% from its peak, but we have more to do to... I have a plan to lower costs for housing—by building and renovating more than 2 million homes—and I’m calling on corporations including grocery retailers to use record profits to reduce prices. Fighting inflation remains my top economic priority."
- On Biden's other key vulnerability - border security - Biden said in an interview with Spanish-language broadcaster Univision aired yesterday that he intends to issue an executive order to limit migrant crossings at the US-Mexico border.
- Biden: "We're examining whether or not I have that power… Some are suggesting that I should just go ahead and try it. And if I get shut down by the court, I get shut down by the court."
Figure 1: President Biden Approval Rating
Source 538
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