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Poll: Support for President Joe Biden drops significantly

Poll: Support for President Joe Biden drops significantly

President Joe Biden's approval rating has fallen slightly since a month ago, nearing the lowest point of his presidency, as his administration struggles to project a sense of stability while dealing with a pair of bank failures and inflation that remains stubbornly high. .

That's according to a new poll from the Associated Press-NORC Center for Public Affairs Research, which shows there have been modest swings in support for Biden over the past few months. The president scored 38% in the new poll, 45% in February and 41% in January. His approval ratings hit the lowest point of his presidency last July, at 36%, as the full weight of rising gasoline, food and other costs began to hit American households.

Interviews with poll respondents suggest the public has mixed feelings about Biden, who is expected to announce a re-election bid by this summer. When it comes to the president, people generally don't swing between the extremes of absolute loyalty and aggressive hatred that have been a feature of the divisive politics of this era.

Dwyer, a data analyst in Milwaukee, said he voted for the president in 2020 and considers himself a liberal. He acknowledged the recent failures of Silicon Valley Bank and Signature Bank, but he said the economy is adjusting to higher interest rates imposed by the Federal Reserve to fight inflation.

The president has taken ambitious steps to boost the US economy, with his $1.9 trillion coronavirus relief package from 2021, infrastructure investments, support for computer chip factories and taxes on corporations and the wealthy to help in health care financing and a shift away from fossil fuels.

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