Republican Faith in the Economy Plummets
Summary
A recent poll shows that many Americans, including Republicans, are worried about the economy and affordability. Confidence in President Donald Trump's management of the economy has dropped sharply as more people say the economy is getting worse.Key Facts
- 95% of Americans believe the country is facing an affordability crisis.
- 57% of Americans say the economy is getting worse, up from 46% earlier in the year.
- Among Republicans, only 27% think the economy is improving, down from 49%.
- Financial struggles are increasing among Trump's base, including rural Americans and those without college degrees.
- Many are having trouble paying for housing, healthcare, groceries, and gas.
- Some GOP candidates may try to distance themselves from President Trump during campaigns due to declining economic confidence.
- Consumer confidence remains near multi-year lows according to other economic surveys.
- Trump’s approval rating on the economy has fallen below President Biden’s lowest level in recent polls.
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