Folks, brace yourselves. The latest CNBC All-America Economic Survey is a brutal wake-up call for Donald Trump. His economic approval rating has just hit a lifetime low, and frankly, it’s not a surprise. His handling of tariffs, inflation, and government spending is clearly not resonating with the American public – and the numbers don’t lie.
Nearly half of those surveyed – 49% – anticipate the US economy will actually deteriorate in the next year. That’s a chilling outlook, and a direct indictment of current policies. It’s not just pessimism either; it’s a rejection of the narrative Trump’s been pushing.
Let’s break down the hard numbers: just 44% approve of Trump’s economic performance, while a significant 51% disapprove. A paltry 43% give him a thumbs-up specifically on economic issues, dwarfed by a 55% disapproval rating. This isn’t a close call; it’s a clear signal of waning confidence.
Now, let’s dive a little deeper. What’s driving this shift?
Tariffs, initially touted as a win for American workers, are now seen by many as simply raising prices for consumers and disrupting global trade. They impact everyday folks, and they feel it in their wallets.
Inflation, although showing signs of slowing, remains stubbornly high. Americans are still facing higher costs for groceries, gas and housing – core necessities.
Government spending is also under scrutiny. Concerns are growing regarding the national debt and the long-term fiscal health of the country.
The market NEEDS certainty, and right now, it’s getting policy whiplash. This isn’t just about politics; it’s about the real-world financial wellbeing of millions of Americans. And the message is loud and clear: something has to give.
