Robust Economy Can't Shield Biden From Blame for Higher Prices.

Despite a robust economy with booming stock markets and low unemployment, many Americans are unhappy with the state of the economy and blame President Joe Biden for it. Opinion polls show that a significant portion of the population holds incorrect beliefs about the economy, such as thinking it is shrinking or that unemployment is at a 50-year high. The perception of a struggling economy can be attributed to factors such as political polarization, online echo chambers, and the impact of the pandemic. Additionally, rising inflation, particularly in essential items like food and energy, has contributed to a sense of economic distress among the population. While the overall economy is in decent shape, the rising cost of living has negatively affected many individuals, especially those with lower incomes. The inflation measures used to assess the economy can be misunderstood, leading to further frustration. President Biden may face challenges in changing voters' perceptions of the economy before the next election. [Extracted from the article]