We have a brand new NBC News poll out this morning that's filled with some scary news for the Democrats. The overarching message: Americans have lost their confidence in President Biden and their optimism for the country, at least, they have right now. Just 22% of adults say we're headed in the right direction. A shocking 71% say we're on the wrong track and that includes a near majority of Democrats who are saying that. President Biden's approval rating stands at a dismal 42%, versus 54% who disapprove. Believe it or not, just two months ago, Mr. Biden was in positive territory -- 49% approving and 48% disapproving. So, what's pulling down the president's numbers? Well look at his set of numbers: just 37% say he has the ability right now to handle a crisis, versus nearly a majority who say he does not. Thirty-seven percent also say he's competent and effective as president. Fifty percent disagree with that description. What's more, Republicans, believe it or not, have double-digit leads in dealing with border security, inflation, crime, national security, the economy and -- shockingly -- on getting things done. Democrats hold generally smaller double-digit leads on dealing with climate change, the coronavirus, education and abortion, and that’s really it right now. It's not clear yet whether any deal struck by Democrats on the social spending and infrastructure bills will nudge Mr. Biden's numbers back into positive territory, or whether the damage to his reputation is more of a scar than a bruise. But this much is clear: about the only good news for Mr. Biden and the Democrats in this poll is that the midterm elections aren't for another year.
President Biden <is> struggling at home, now facing allies in Europe without the political victory he had been hoping for. The 18-point Republican edge on handling of the economy is fueled by economic pessimism -- 79% call the economy fair or poor. Just 41% of Democrats believe the country is headed in the right direction - down 23 points since April. And Republicans are up by 13 points on being effective and getting things done -- a number likely driven by the messy, public debate over Biden's social spending plans, which has exposed ideological divisions in the Democratic Party.