• Polling

Economic Pessimism Increases as Americans Continue to Support Biden’s Economic Agenda

Wednesday, June 22, 2022 By Bryan Bennett
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Welcome to NAVIGATOR – a project designed to better understand the American public’s views on issues of the day and help advocates, elected officials, and other interested parties understand the language, imagery, and messaging needed to make and win key policy arguments.
Key takeaways
  • Biden’s economic approval ratings are deeply underwater as Americans remain pessimistic about the state of the national economy and their personal finances, but he remains above water on handling the pandemic.
  • However, while only half are hearing about Biden and Democrats’ economic agenda, strong majorities continue to support it.
  • Nearly three in five Americans support Biden’s plan to cancel $10,000 in student loans per borrower.

Biden’s Overall and Economic Approval Ratings Remain Underwater, While He’s in the Positive on the Pandemic

Biden’s approval rating on the economy has dropped 6 points since late May (-22 to -28).

Biden and Democrats Seen as More Solutions-Oriented on a Range of Issues Including Abortion, Guns, and the Pandemic

Biden and Democrats are more trusted on defending abortion rights (+38), strengthening gun laws (net +28), and managing the pandemic (+18); Republicans are more trusted on creating jobs (net +5) and bringing down the costs of gas and groceries (+9).

Americans Are Increasingly Pessimistic About the Economy; Less So About Personal Finances

Nearly four in five Americans (79%) rate the economy negatively overall, while nearly two-thirds (63%) feel uneasy about their personal financial situation.

At the Same Time, Americans are Divided on Perceptions of Job Growth in the Country

While there has been modest improvement in the share who say the economy is experiencing more job growth than usual (from net -16 to net -8) and that more jobs were created than lost in the last year (from net -9 to net 0), Americans remain very divided on job growth.

Americans Overwhelmingly Feel Gas and Groceries are Rising “A Lot” or “Significantly” in Costs

Since early May, there has been a 17-point increase in the share who say the price of gas is going up “a lot” (from 75% to 92%)

• Our full sample (100%) of independents feel that the price of gas is going up, with 91% it is going up “a lot.”

Biden and Democrats’ Economic Plan Remains Popular Though Few Are Familiar

Only half of Americans (51%) have heard “a lot” or “some” about President Biden and Democrat’s new economic plan, with just 15% hearing “a lot.” After hearing the details of the proposed plan, more than three in five support it (63%).

• Among economically persuadable Americans*, 45% report hearing “a lot” or “some” about the plan.

Majorities Support Biden’s Proposal to Cancel up to $10,000 per Borrower in Student Loan Debt

Americans ages 18-44 (67%), Democrats (78%), Black Americans (79%), and Hispanic Americans (64%) are most likely to support President Biden cancelling up to $10,000 in student loan debt.

Support for Eliminating the Electoral College in Favor of a National Popular Vote Has Increased Since January 2021

Support has increased the most among independents (13 points, from net +12 to net +25), Republicans (22 points, from net -21 to net +1), Hispanic Americans (+25 points, from net +29 to net +54), and whites (13 points, from net +11 to net +24).


About The Study

Global Strategy Group conducted public opinion surveys among a sample of 998 registered voters from June 9-
June 13, 2022. 106 additional interviews were conducted among Hispanic voters. 80 additional interviews were
conducted among Asian American and Pacific Islander voters. 102 additional interviews were conducted among
African American voters. 101 additional interviews were conducted among independent voters.

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About Navigator

In a world where the news cycle is the length of a tweet, our leaders often lack the real-time public-sentiment analysis to shape the best approaches to talking about the issues that matter the most. Navigator is designed to act as a consistent, flexible, responsive tool to inform policy debates by conducting research and reliable guidance to inform allies, elected leaders, and the press. Navigator is a project led by pollsters from Global Strategy Group and GBAO along with an advisory committee, including: Andrea Purse, progressive strategist; Arkadi Gerney, The Hub Project; Joel Payne, The Hub Project; Christina Reynolds, EMILY’s List; Delvone Michael, Working Families; Felicia Wong, Roosevelt Institute; Mike Podhorzer, AFL-CIO; Jesse Ferguson, progressive strategist; Navin Nayak, Center for American Progress Action Fund; Stephanie Valencia, EquisLabs; and Melanie Newman, Planned Parenthood Action Fund.

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