President Biden's approval rating remains strong despite a slight decline from April. It is the third consecutive month of decline.
Investor's Business Daily sponsors the IBD/TIPP Presidential approval poll. Please see the original story published yesterday.
Presidential Job Approval
Job approval is the share of Americans who respond favorably to the question, "In general, do you approve or disapprove of the way Joe Biden is handling his job as president, or are you not familiar enough to say one way or the other?"
President Biden's job approval numbers for April:
- 51% of adults approve of how President Biden is handling his job vs. 53% in April
- 55% of registered voters approve vs. 59% in April
For comparison, RealClearPolitics average job approval is 53.8%. RCP is yet to update its table with TIPP results.
Job approval has been around since George Gallup's time, and every pollster uses it. On the other hand, TIPP went above and beyond two decades ago by innovating and developing our metric, the Presidential Leadership Index.
Presidential Leadership Index
The Presidential Leadership Index considers favorability, job approval, and Presidential leadership as factors in calculating the index.
The three components are equally weighted. The index typically correlates well with the raw job approval. It ranges from 0 to 100. Above 50 is considered positive, while below 50 is considered negative.
This month, the Presidential Leadership Index is 58.9, down from 60.2 in April. The leadership index by party:
- 89.1 for Democrats,
- 21.7 for Republicans, and
- 49.6 for Independents
Except for Republicans, Independents, Conservatives, rural voters, and those aged 65 and up, all demographic groups we track have index readings in the positive zone.
President Biden is still in his honeymoon period, having passed the 100-day mark of his presidency. Let us compare his honeymoon to three other presidents. A few points to consider from the chart below.
- Recent Presidents typically start with higher approvals in their first terms than their second terms. The honeymoons are longer in their first term compared to the second term.
- Among the four recent Presidents, President Biden at 63.1 started below President Bush (64.6) and above President Trump (49.2). President Obama had the highest starting number at 71.0.
- President Biden's rate of decline is 1.4 points per month, compared to Obama's (3.2), Trump's (2.2), and Bush's (0.43).
- So, at this point, President Biden is between President Obama and President Trump.
For our purposes, honeymoons come to an end when the index falls below 50. President Trump did not have a honeymoon, according to this metric.
Grading Biden Performance
Another TIPP innovation is to grade the president using familiar school letter grades. Let's see how Americans rate Biden's performance in dealing with the coronavirus situation and the economy.
- 49% give an A or B for his handling of the economy
- 55% for his handling of the coronavirus situation
- 48% for his overall performance so far
President Biden is pushing for a significant expansion of infrastructure and social benefits, paid for with tax increases on corporations and investment gains.
President Biden has proposed an additional $2.5 trillion in corporate tax payments over 15 years. It would fund transportation infrastructure, affordable housing, electric grid modernization, universal broadband access, the manufacturing sector, clean-energy tax credits, and in-home caregiving.
Nearly one-half (48%) give good grades for President Biden:
- 80% of Democrats give him a good grade
- 67% of Republicans give him a D or F
- 36% of Independents give President Biden a good grade
- 54% of conservatives give him a D or F
- 76% of liberals give him an A or B
- 49% of moderates give him an A or B
President Biden has gotten off to a strong start.
Domestically, he faces challenges such as the influx of Central American immigrants at the southern border, returning to normalcy following the Pandemic, and an economy emerging from recession.
China, Russia, Iran, and North Korea will be the most significant international challenges for President Biden. As we reported yesterday, both China and Russia are bolstering their soft power by providing timely assistance to countries in need of COVID vaccines. The United States must effectively counter them. As we showed yesterday, Americans are open to the concept.
The United States requires greater unity now more than ever, and our current leaders' actions must transcend mere words and genuinely reflect the spirit.
While President Biden frequently mentions the importance of unity and coming together in his speeches, he has yet to find an effective way to get the American public to share these values.
In the coming months, tippinsights will be tracking the issues very closely.
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- Australia established embassies in the Marshall Islands and French Polynesia on Tuesday, stepping up its efforts to counter China's growing influence in the Pacific.
- Australia now has 19 embassies in the Pacific, including new ones in Tuvalu, the Cook Islands, Palau, and Niue in the last three years.
- Australia has the largest diplomatic presence in the Pacific of any country.
- New Zealand will join international calls to discover the origins of the Covid-19 pandemic, Prime Minister Jacinda Ardern said.
- Ms. Ardern will be part of an intentional panel of heads of state discussing preparing for future disease outbreaks.
- Her comments come in the wake of New Zealand making diplomatic waves this week. Ms. Ardern had said New Zealand's political interests are becoming harder to reconcile with China's.
- For the first time in Scottish electoral history, an estimated 55,000 foreign voters will be able to vote for the first time.
- While EU and Commonwealth citizens have had the right to vote, the approval of the Scottish Elections (Franchise and Representation) Bill in 2020 extends the franchise to the large communities of American and Chinese citizens in Scotland.
- Given the narrow margins between a clear SNP majority and Nicola Sturgeon's party operating as a minority government for another five years, these votes could be crucial in determining the shape of Scottish politics on May 6.
- The Philippine foreign minister demanded in an expletive-laced Twitter message that Chinese vessels get out of disputed waters, the latest exchange in a war of words with Beijing over the South China Sea.
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