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Biden Approval Rating Hits Record Low on Economic Worries

President Joe Biden’s approval rating hit an all-time low, a recent survey showed, with voters giving the president especially poor marks on immigration and the economy.

Just 34 percent of voters in the latest Monmouth University Poll approve of President Biden’s performance, which is down sharply from 54 percent shortly after he assumed office in 2021 and the lowest level in the history of the survey.

More than two-thirds disapprove of his performance in the areas of immigration and inflation.

Even though inflation has come down from a recent 40-plus-year high of 9.1 percent in annualized terms in June 2022, many months of elevated price pressures have taken a toll on American families.

The Heritage Foundation recently estimated that inflation is costing the typical American family around $7,400 in lost annual income. And while official government data shows inflation up 17 percent since President Biden took office, an alternative measure developed by economist John Williams estimates that it’s around twice as high.

On immigration, since President Biden took office, there have been around 8 million illegal immigrant encounters nationwide, including a record 3.2 million in fiscal year 2023 alone.

U.S. Customs and Border Protection (CBP) logged the busiest November on record last month, with encounters at the southern border totaling 242,418, according to its monthly report. This figure is higher than even the highest month seen under President Trump.

December is on track to set a record for the highest number of illegal alien encounters for a single month ever, according to shocking preliminary data obtained by Fox News on Dec. 29, indicating that there have already been over 276,000 apprehensions, even excluding the final three days of the month. The current record of 269,735 was set in September.

At the same time, a mere 3 in 10 Americans said President Biden is giving enough attention to issues that are most important to them, per the Monmouth poll.

Article: https://www.zerohedge.com/political/trump-warns-market-crash-and-1929-style-great-depression-if-he-doesnt-win