Joe Biden is losing his reelection campaign despite overseeing the strongest economy the U.S. has experienced, with a jobless rate below 4%, strong wage growth, and low inflation. Yet his approval rating is below 40%, raising concerns among Democratic campaign operatives.
Voters' dissatisfaction with Biden's economy stems from Americans perceiving the economy differently than the headline numbers show. Despite positive economic statistics, many are stressed by high interest rates, prices, unaffordable homes and cars, and expensive groceries.
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