Hoover Institution senior fellow Victor Davis Hanson discusses the economic impact of the government shutdown, Democrats’ strategy to undermine Trump and more about Kudlow.
Voters had similarly negative views about their personal financial situation, with 60% rating it as neither good nor bad, while 40% said they were in good or excellent shape financially.
A majority of 61% of voters said they disapprove of Trump’s handling of the economy, while 38% expressed approval. While 77% of Republicans said they approve of the president’s handling of the economy, only 25% of independents and 6% of Democrats expressed approval.
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Voters expressed concern about the economy, saying several key parts of their household budgets have seen higher costs over the past year. (Kena Betancur/Bloomberg/Getty Images)
A nearly two-to-one majority of voters said Trump is more responsible for the current economy than the former president Joe Bidenwith respondents breaking through 62% and 32% respectively.
Democrats were nearly 40 percentage points more likely than Republicans to blame Trump, while 42% of Republican respondents said Trump, compared to 53% who said Biden. Independents nearly matched the overall response, as 62% said Trump and 29% said Biden.
President Joe Biden also bore the blame from voters for the economic conditions at the end of his term. (Tierney L. Cross/Bloomberg via Getty Images)
The poll found that by a 31-point margin, more voters say the Trump administration’s policies have harmed them than helped them. That’s a similar dynamic to the end of Biden’s term, when voters said by a 30-point margin that the Biden administration economic policy did more to hurt their finances than help them. In both cases, nearly three-quarters of voters on the other side of the aisle said they were harmed by the incumbent president’s policies.
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The voters were broadly speaking critical of rates63% of respondents say they disapprove of how the Trump administration is treating them — while 27% of Republicans, 72% of independents and 92% of Democrats are opposed.
When asked whether inflation is under controlvoters were sceptical, with a 52% majority saying prices are “not at all” under control. Only 18% of voters said inflation is completely or mostly under control, while 29% said it is somewhat under control.
Grocery costs are a particular sore point for voters, as the poll asked whether the cost of items increased, decreased or remained the same compared to a year ago. A majority of 85% said they have increased, while 10% reported a decrease and 5% said there was no change.
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Customers view food items on display at the Costco store in Colchester, Vermont on August 16, 2024. (Robert Nickelsberg/Getty Images)
Utility bills and health care costs have also increased, as 78% of voters reported higher utility bills and 67% said they are facing higher health care costs compared to last year.
Moreover, two-thirds of voters said their opinion housing costs have increased in the past year.
Gas prices This is an area where voters who responded to the survey report more relief, as only 54% report price increases and 30% say their gas costs have decreased.
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