One of Trump’s favorite revisionist history topics is Joe Biden’s economy. Trump will claim that he saved the American economy and that the economy under former President Biden was the worst in history.
Trump’s delusion does not change reality for most Americans.
Every step Donald Trump makes worsens the economy, and the American people have taken notice.
Reuters reported on the latest Reuters/Ipsos Poll:
US views of Trump have deteriorated significantly regarding his stewardship of the economy and the cost of living as gasoline prices have soared since the US and Israel launched coordinated attacks on Iran on February 28. Only 25% of respondents approved of Trump’s handling of the cost of living, an issue that has been central to his 2024 presidential election campaign.
Only 29% of the country approves of Trump’s economic stewardship, the lowest rating in any of Trump’s presidential administrations and lower than any economic approval rating of his predecessor, Democrat Joe Biden. Voters’ concerns about the economy and especially the rising cost of living were a major factor in Biden’s loss, and Trump campaigned on a promise to create a vibrant economy.
One fact that Republicans misled voters about in 2024 and that was amplified by the mainstream press was the impact of Biden’s spending on economic policy.
Trump and Republicans claimed that it was Biden’s spending on economic and social programs that was driving up inflation and prices. The reality was that the Biden investment kept this economy growing and stabilizing.
When Trump and his party cut spending and investment in the economy and replaced it with tariffs, tax cuts for the wealthy, health care cuts and a new war, the result was a shrinking labor market, rising prices, resurgent inflation and an economy on the brink of recession.
Trump pulled the rug out from under the economy and the American people are feeling the pain.
Trump’s approval rating on the economy is now lower than Biden’s ever was. Trump’s current approval rating for his handling of the economy is 29%. Biden’s lowest approval rating on the economy at any point in his term was 32%.
The American people are starting to realize that Joe Biden was never the problem.
This is a crisis for the Republican Party because Trump’s mismanagement of the economy could cost them everything in November.
What do you think about Biden being more popular in the economy than Trump? Share your thoughts in the comments below.
