Disaster For Republicans As Trump's Economy Approval Tanks

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Trump’s overall approval rating is at 38%, and he is in negative territory on taxes, handling the economy, and trade.

Poll Finds Trump Cratering On The Economy

Nearly two-thirds describe as “good” an economy that appears to have set a record for the longest expansion in U.S. history, with decade-long growth that began under Barack Obama. More people consider the economy to be good today than did at the start of the year.

But significantly fewer approve of Trump’s handling of the economy, even as it remains a relative strength compared with other issues. The survey indicates that most Americans do not believe they’re personally benefiting from his trade policies. And only 17% said they received a tax cut, despite government and private sector figures showing that a clear majority of taxpayers owed less after the president’s tax overhaul passed in 2017.

Trump’s overall approval rating is an upsidedown 38%/60% split. More Americans disapprove of Trump’s handling of the economy (51%) than approve (47%). Just 42% approve of Trump’s handling of taxes, as 55% disapprove, and his numbers are even worse on trade, as 39% approve of his trade policies and 59% disapprove.

Americans aren’t feeling prosperous

Trump’s economy has been great for the wealthy, corporations, and the stock market. Trump’s trade war has eaten up the tax cuts. Rising prices are putting the pinch on consumers. Voters are most concerned about healthcare. If one isn’t wealthy, the Trump economy has not been so good. Trump is presiding over a paper economic boom. The reality on the ground for most Americans is much worse, and the struggles to pay the bills are reflected in these poll numbers.

Democrats have an opening. Trump wants to run on the economy and healthcare. If voters don’t believe Trump on the economy, the door will be wide up for the Democratic nominee to take back the White House in 2020.

For more discussion about this story join our Rachel Maddow and MSNBC group.

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Jason Easley

Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.

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Member of the Society of Professional Journalists and The American Political Science Association

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