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Can Joe Biden win back Americans’ confidence?

President Joe Biden’s first two years in office have been a study in contrasts.

The nation has avoided a recession, and unemployment is at historic lows. But inflation, while declining, remains high – and a stunning 41% of Americans say they’re worse off today than they were two years ago.

Why We Wrote This

As the president gears up for an expected reelection bid, he can tout accomplishments from low unemployment to new infrastructure projects. But 4 in 10 Americans say they’re worse off than two years ago.

President Biden restored the United States’ image as a strong global leader in supporting Ukraine against Russia, following a disastrous pullout from Afghanistan. And the Democrats bucked history in November’s elections, adding to their Senate majority and only barely losing control of the House. While divided government foretells gridlock and a slew of investigations, the Republican-held House also provides Mr. Biden with a foil. There’s a reason first-term presidents of both parties have often won reelection after losing ground in the midterms. 

Still, Mr. Biden faces a difficult political road ahead. Arguably, his biggest political vulnerability centers on a factor over which he has no control: his age. When the nation’s first octogenarian president delivers his State of the Union address Tuesday night, attention will be trained as much on his demeanor as on his words. 

“The big question that looms large over this moment is, is he up to the task of running again?” says David Barker, a professor of government at American University. 

President Joe Biden’s first two years in office have been a study in contrasts: of highs and lows, triumphs and tragedies, stability and chaos.

The nation has so far avoided a recession, and economic forecasts are looking rosier, with unemployment at historic lows. But inflation, while declining, remains high – and many Americans are still hurting. A stunning 41% say they’re worse off today than they were two years ago.

President Biden restored the United States’ image as a strong global leader in supporting Ukraine against Russia, following a disastrous pullout from Afghanistan in 2021. But the latest clash of superpowers – in which a suspected Chinese spy balloon traversed the entire U.S. before being shot down – underscores an increasingly adversarial relationship with China that could deteriorate quickly. 

Why We Wrote This

As the president gears up for an expected reelection bid, he can tout accomplishments from low unemployment to new infrastructure projects. But 4 in 10 Americans say they’re worse off than two years ago.

In contrast with the tumultuous White House of former President Donald Trump – already an announced candidate for 2024 – Mr. Biden has surrounded himself with loyal advisers who rarely leak to the press, creating a sense of stability in uncertain times.

And in perhaps his biggest political triumph, beyond beating Mr. Trump in 2020, Mr. Biden’s Democrats bucked history in November’s midterm elections, adding to their Senate majority and only barely losing control of the House. While the return of divided government foretells legislative gridlock and a slew of investigations, including into Mr. Biden’s son Hunter, the Republican-held House also provides Mr. Biden with a foil. There’s a reason past first-term presidents of both parties have gone on to win reelection after losing ground in the midterms. 

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