Biden Wants Credit For A Strong Economy. Americans Aren’t Buying It.

  • Americans remain pessimistic about the economy despite huge job growth and cooling inflation.
  • A slew of recent polls reveal that Americans are still struggling with high costs and aren’t convinced that the U.S. can stave off a recession as the Federal Reserve takes steps to slow the economy down.
  • That presents a challenge for President Biden, who took a victory lap last week after federal data showed that the U.S. added a shocking 517,000 jobs in January, blowing away analysts’ predictions of slowing job growth. The unemployment rate fell to 3.4 percent, the lowest since 1969.