Self assurance in Biden management declining to spice up epidemic-hit economic system: survey


October 11: US President Joe Biden’s confidence in the ability of the economy to recover from the Covid-19 epidemic is waning, according to a poll released on Tuesday.

Axios Epos on October 22-25 (Axios-Ipsos) The survey found that 44 percent of respondents said the Biden administration’s ability to boost a cowardly economy had been declining since January.

Official figures show that inflation rose 5.4 percent from September 2020 to September 2021, pushing up prices of goods and services. According to analysts, the Biden administration has a long way to go to save the economy from various supply chain disruptions, high unemployment, and rising inflation.Photo: Agency





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