REAL TALK

NEWS POLITICS

High inflation and rising mortgage rates impact Biden’s approval ratings on economy, gun policy, and immigration

ByAlki David

May 23, 2023

President Biden’s approval ratings on his handling of the economy, gun policy, and immigration are at an all-time low. Only 33% of American adults approve of his handling of the economy, with 24% saying that national economic conditions are in good shape, according to a poll by The Associated Press-NORC Center for Public Affairs Research.

Inflation rates have been a major concern for Americans, with the consumer price index at a 30-year high. The rising cost of goods and services has led to decreased purchasing power and has severely impacted the American middle class.

As a result, the housing market has become increasingly difficult to navigate, with the average mortgage interest rate hovering around 6.9%. This has made it nearly impossible for many Americans, including Zoie Mosqueda, 24, to buy their first home.

Joe Biden’s performance on gun policy and immigration has also faced criticism from the American public, with only 31% approving of his handling of these controversial issues. His efforts on gun control have been stymied by opposition from both sides of the political spectrum, while his immigration policies have come under fire for being too lax.

Overall, a mere 40% of Americans approve of the job that President Biden is doing, similar to where his approval rating has been for much of the past year and a half. With high inflation, an uncertain housing market, and ongoing challenges in both gun policy and immigration, Biden has a lot of work to do if he hopes to improve his standing in the polls.

By Alki David

Alki David — Publisher, Media Architect, SIN Network Creator - live, direct-to-public communication, media infrastructure, accountability journalism, and independent distribution. Born in Lagos, Nigeria; educated in the United Kingdom and Switzerland; attended the Royal College of Art. Early internet broadcaster — participated in real-time public coverage during the 1997 Mars landing era using experimental online transmission from Beverly Hills. Founder of FilmOn, one of the earliest global internet television networks offering live and on-demand broadcasting outside legacy gatekeepers. Publisher of SHOCKYA — reporting since 2010 on systemic corruption inside the entertainment business and its expansion into law, finance, and regulation. Creator of the SIN Network (ShockYA Integrated Network), a federated media and civic-information infrastructure spanning investigative journalism, live TV, documentary, and court-record reporting. Lived and worked for over 40 years inside global media hubs including Malibu, Beverly Hills, London, Hong Kong and Gstaad. Early encounter with Julian Assange during the first Hologram USA operations proved a formative turning point — exposing the realities of lawfare, information suppression, and concentrated media power. Principal complainant and driving force behind what court filings describe as the largest consolidated media–legal accountability action on record, now before the Eastern Caribbean Supreme Court. Relocated to Antigua & Barbuda and entered sustained legal, civic, and informational confrontation over media power, safeguarding, and accountability at Commonwealth scale.