Biden Faces Uphill Battle for 2024 Despite Economic Gains

Despite improvements in the economy, President Biden's approval ratings remain low, complicating his path to re-election.

Biden's job approval rating hovers around 40%, historically low for a president seeking re-election.
Economic improvements, including job growth and wage increases, have not significantly boosted Biden's political standing.
Voter concerns over Biden's age and mental acuity, along with immigration issues, pose additional challenges.
Despite Trump's higher unfavorable ratings, Biden trails in hypothetical matchups in key battleground states.
Biden may benefit from a polarized electorate and issues like abortion rights, potentially offsetting traditional electoral disadvantages.