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While substantial shares of Americans express concern about several economic issues – including a shortage of workers and people facing eviction and foreclosure – more say they are very concerned about rising prices than say this about other economic problems.Ībout six-in-ten Americans (61%) say tax rates on household income over $400,000 should be raised either a lot (26%) or a little (35%). Rising prices top list of public’s economic concerns One-in-ten Democrats say his policies have made conditions worse. Now, about a third of Democrats (34%) rate the economy positively.Ībout a quarter of Americans (26%) say that, since Biden took office, his policies have made the economy better, while 40% say they have made economic conditions worse a third say they have not had much of an effectĪn overwhelming share of Republicans (78%) say that Biden’s policies have made the economy worse since he has taken office just 3% say that his policies have made the economy better, while 18% say they have not had much of an effect.ĭemocrats are evenly divided between those who say Biden’s policies have made economic conditions better (45%) and those who say his policies have not had much of an effect (44%). Then, roughly two-in-ten Democrats and Democratic leaners (19%) said that economic conditions were either excellent or good. Today, just 16% say the same 84% of Republicans say the economy is only fair or poor.Ĭonversely, Democratic views of the economy are more positive today than they were in November 2020. In November 2020, shortly after the presidential election, more than half of Republicans and Republican-leaning independents (56%) said that the economic conditions of the country were either excellent or good.
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Today, Democrats hold more positive ratings of the economy than do Republicans – a reversal from when Trump was in office. Partisan views of the economy have shifted since Joe Biden became president. Overall, the share who say economic conditions are excellent or good is roughly on par with the share who said this in April 2020 (23%) – shortly after the coronavirus began spreading throughout the United States – but slightly lower than they were earlier this year.