Carlo Allegri | ReutersIt may not have increased by much, and it’s rising from an all-time low, but for the first time during his presidency, Joe Biden’s approval rating on Main Street has gone up.After washing out at an approval rating among small business owners of 31% during the third quarter of 2022, when inflation hit its peak, Biden’s approval rating increased to 34% in the fourth-quarter poll conducted by CNBC and SurveyMonkey. It’s the first time across the eight quarters of his presidency there has been any rise in the quarterly poll and stopped a streak of six straight quarterly declines.That’s a sign of Biden’s political strength after the midterm elections, but those elections may not be the only, or even best, explanation for the reversal in this trend.Across multiple national polls of the public, Biden’s approval has been gaining since August after reaching a summer low point, when gas prices began to decline and the president …
