The chart of the week provides an analysis of the presidential approval ratings since 1972. It is evident from the chart that no President who had an approval rating below 50% (Ford, Carter, Bush, Trump) was re-elected to the office. On the other hand, five presidents with an approval rating of 50% or above (Nixon, Reagan, Clinton, Bush II, Obama) were re-elected. According to a Gallup poll, President Biden’s current approval rating stands at 43%. If this trend continues, it could pose a challenge to his re-election campaign.

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