Just days after President Joe Biden's long-awaited launch of a 2024 reelection campaign, new polling shows his approval rating at an all-time low, as the New York Post reports, prompting questions about the true viability of another White House run.

The jarring survey results come amid growing questions about Biden's ability to withstand the rigors not just of another campaign, but also of a second four-year term in office.

Biden Approval Sinks to Record Low

The poll at issue, conducted by Gallup and released on Thursday, revealed that Biden's approval rating currently stands at 37%, the lowest point of his entire presidency to date.

As Gallup itself noted, the president's approval numbers have hovered in the low 40s for the lion's share of the past 19 months, though they did dip to 38% last summer.

Broken down by party, Gallup determined that 83% of Democrats, 31% of independents, and just 4% of Republicans registered their approval of Biden's job performance.

The state of the economy is, according to the polling organization, playing a significant role in Biden's woes, with just 16% of respondents declaring economic conditions as “excellent” or “good” and 47% assessing things as “poor.”

Age Concerns Grow

Now that Biden has confirmed his plans to seek another term in the White House, questions have begun to accelerate about his physical vigor and cognitive condition, as Axios reports.

As the outlet noted, even administration insiders have remarked on the specific types of challenges Biden's age tends to present, acknowledging that it is difficult to put the president in any type of setting in which improvised responses might be required.

Officials told Axios that it is tough to schedule events with Biden outside of a 10:00 a.m. to 4:00 p.m. window, with weekends usually out of the question as well.

Given that Biden, now 80, will be even further into octogenarian territory should he win a second term, doubts about his ability to maintain the kind of daily itinerary and mental sharpness required of the commander in chief will arguably increase.

Five-Year Window

Giving voice to those concerns this week was Republican presidential candidate Nikki Haley, who held little back in her assessment of Biden's likely longevity – or lack thereof.

As NBC News noted, Haley indicated her belief that Biden is likely to die within the next five years, a fact which she says should shift the calculus for voters as they decide for whom they will cast their ballots in 2024.

Speaking to Fox News, Haley bluntly declared, “He announced he's running again in 2024, and I think that we can all be very clear and say with a matter of fact that if you vote for Joe Biden, you are counting on a President [Kamala] Harris, because the idea that he would make it until 86 years old is not something that I think is likely.”

That assessment came fairly close on the heels of Haley's prior declaration of support for the notion that politicians aged 75 and over ought to be subject to mental competency tests, as The Hill reported at the time.

Rival on the Rise

Just as Biden's fortunes appear to be on the decline, even within his own party, those of his 2020 rival and possible 2024 general election are moving in the opposite direction.

As NBC News noted earlier this month, national polling found that a staggering two-thirds of GOP primary voters are voicing support for former President Donald Trump, regardless of the legal jeopardy his is facing in more than one jurisdiction.

Recent polling from Fox News also showed Trump with a massive lead over his closest Republican competitor, Florida Gov. Ron DeSantis, who has not even entered the race thus far.

Though poll numbers have suggested that large numbers of Americans do not want to see a rematch of the 2020 election, it appears – at least for now – that despite Biden's sagging approval, he will be the Democrats' standard-bearer in the next cycle, and Trump – with his prospects seemingly on the rise – may well cruise to the GOP nomination once more.