Biden's Troubling Track Record: Jobs, Numbers, and Prices

President Biden and Democrats are facing economic challenges as the U.S. economy cools off, leading to declines in job gains and wage growth. While this may help fight inflation, it leaves the administration with fewer tools to promote the economy on the campaign trail. Biden's approval rating has hit record lows, and support among Democrats has also dropped. Despite adding 14 million jobs since taking office, Biden's approval rating has dipped to 37 percent. The president and top Democrats have blamed the media and Republicans for Americans' economic pessimism.