A joint poll by ABC News and The Washington Post demonstrated on Sunday that close to half of the people in the United States believe that ever since current President Joe Biden took office in 2021, their finances have been going downhill.

44% of respondents in the poll believe that their financial well-being has degraded since Biden became president - a number more than any other US president since the two media outlets began these polls back in 1986.  

Biden's performance as president was approved by 37% of Americans while 56% disapproved of it. As for his economic policies, 30% approved and 23% approved of his migration policies.

The polling was conducted over the phone in English and Spanish from September 15 to 20 for 1,006 adults, with an error margin of 3.5%.

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Leaning towards Trump

74% of the respondents believe that the 80-year-old president is too old to be re-elected, which is 6 percentage points higher than the number in May.  

According to the poll, when asked about the event of another governmental shutdown by the end of the fiscal year on September 31, 40% of the respondents stated that they would personally blame Biden and the members of the US Democratic party in Congress.  

However, former US President Donald Trump's actions as president were regarded as effective by 48% - 10 percentage points higher than when he stepped own in 2021.  

Meanwhile, 62% of Democrat and Democrat-leaning voters believe that the party should "nominate someone other than Biden" to run for office in 2024.  

However, a new YouGov and Yahoo News poll released last Tuesday shows Biden’s marginal lead over Trump is no longer giving him a sure win for the 2024 presidential race, due to a predicted tie. 

The poll demonstrated that each candidate had the support of 44% of registered voters, marking a change from a similar poll last month in which Biden garnered 47% support and Trump had 41%.