Photo: Alamy
A new poll shows that Joe Biden’s appeal to young American voters appears to be shrinking as the November 2024 elections draw closer.
A survey conducted by The New York Times, Siena College, and The Philadelphia Inquirer was released Monday showing that Biden and President Donald Trump are “essentially tied” with voters 18-to-29-year-olds, a group that supported Biden by 60 percent during the 2020 elections, according to the New York Times.
The growing momentum for Trump from young voters has allowed the 45th president to gain significant leads within states such as Arizona, Georgia, and Nevada. Notably, the three states are within the Sun Belt, where both Black and Hispanic voters helped Biden during the 2020 election. However, there are another two groups that are no longer leaning heavily Democratic for the upcoming election.
A main concern for voters, according to the survey, is Biden’s economy, as 70 percent stated that the “country’s political and economic systems need major changes.” However, Biden has been set on calling the U.S. economy fine due to it being a central argument for his reelection campaign.
“America has the best economy in the world,” Biden told NBC’s “TODAY” in early April.
The message, though, doesn’t appear to be sitting well with voters. Gen Z adults between the ages of 22 and 24 have been found to be facing a tougher financial situation than Millennials did ten years ago.
A recent financial survey conducted by consumer credit report TransUnion found that within the last half of 2013, Millennials were making an estimated $51,852, when adjusted for inflation, with a debt-to-income (DTI) ratio of 11.76 percent.
Comparably, Gen Z was found in 2023 to not only be making $45,493, but their DTI ratio was an estimated 16.05 percent, according to the survey.
While Biden’s approval rating appears to “statistically” remain the same mid-to-high 30’s since January, both the economy and inflation are remaining important factors for voters this November, according to IPSOS.
The survey found that most Americans trust Trump to handle the economy and inflation better than Biden. Nearly 43 percent relayed to IPSOS that they have not been as well off since Biden took office, compared to an estimated 13 percent who stated they were not as well off under Trump’s administration.