Oh, boy, things are looking bleak for the former President when it comes to the economy. A new CNBC All-America Economic Survey reveals a brutal truth: Donald Trump’s economic approval rating has hit a rock bottom, the lowest since he waltzed into the White House. It’s a gut punch, frankly.
People are seriously losing faith in his handling of tariffs, inflation, and frankly, just how he spends our money. The initial wave of optimism surrounding a potential Trump return? Officially kaput. More Americans than we’ve seen since 2023 are predicting economic decline, and the mood on Wall Street? Don’t even get me started – utterly pessimistic!
The numbers don’t lie. The survey, conducted with 1000 Americans, shows 44% approve of Trump’s overall performance, while 51% disapprove. But the real kicker is the economic breakdown: 43% approve, while a whopping 55% disapprove. That’s a net negative—a first! It just goes to show this isn’t just politics; it’s about people’s wallets, and they’re feeling the pinch.
Let’s break down why this matters.
Firstly, consumer confidence is a massive driver of the economy. When people believe things are heading south, they spend less, which can trigger a self-fulfilling prophecy.
Secondly, tariffs, a signature Trump policy, are increasingly seen as damaging. While proponents argue they protect domestic industries, many believe they simply raise costs for consumers and businesses.
Finally, government spending isn’t just about numbers on a spreadsheet. It’s about investments in infrastructure, education, and social programs, and people are questioning whether those investments are being made wisely. This isn’t just a poll; it’s a wake-up call.
