Summary
A CNN analysis shows President Donald Trump's approval rating on the economy has dropped to minus 20, slightly worse than Joe Biden's rating at the same time in his presidency. This decline in public confidence, partly due to a focus on issues like immigration over economic concerns, is viewed as a potential problem for Republicans in the upcoming midterm elections.
Key Facts
- President Trump's net approval rating on the economy is now at minus 20 according to CNN.
- This rating is slightly worse than Biden's economic approval at the same point in his presidency, which was minus 19.
- Trump's approval on the economy has declined from an earlier positive rating of plus 6.
- Historically, when a president's economic approval is negative, the president's party can lose an average of 28 seats in the House during midterms.
- Many voters feel Trump focuses too much on immigration and not enough on lowering costs.
- Three in four Americans believe Trump is not focusing enough on reducing prices.
- In Iowa, where Trump has previously been strong, there's a decrease in the Republican chances of winning an open Senate seat.
- CNN's Harry Enten highlighted that negative economic approval ratings could jeopardize the Republican majority in the House and possibly the Senate during the midterms.
