The American people are rapidly losing confidence in Donald Trump over his failed economic agenda that’s running the economy “off the cliff.” As the country braces for a recession and costs hit record highs, it’s no surprise that 3 in 4 Americans think the economy is faltering and a majority say their financial situation is getting worse for the first time since 2001.
Americans’ confidence in Trump is tanking as his approval rating on the economy plummets to its lowest point ever.
- A majority of Americans (55%) are not confident in Trump’s ability to make good decisions about economic policy
- Just 37% of Americans approve of Trump’s handling of the economy, his lowest rating ever
Americans are scared for the future as pessimism about Trump’s economy hits record highs.
- 53% of Americans say their financial situation is getting worse, marking the first time since 2001 that a majority has expressed financial pessimism
- 58% say it is a bad time to find a quality job — the most pessimistic outlook since the peak of the pandemic in January 2021
- 3 in 4 Americans — including two-thirds of Republicans — say they are concerned about the future of Social Security under Trump and shadow President Elon Musk
A majority of Americans — including Republicans — are rejecting Trump’s failed economic agenda as prices hit record highs and a recession looms.
- 60% of Americans disapprove of Trump’s handling of inflation
- 3 in 4 Americans believe the economy is faltering
- 57% of Americans say we are, or soon will be, in a recession
- Only 31% of Americans approve of Trump’s handling of the cost of living, with 1 in 3 Republicans saying the cost of living is on the wrong track
- 52% of Americans say Trump’s actions could make it more expensive and harder for them to retire
Under Trump, inflation expectations are rising, retirement savings are going up in smoke, and the stock market’s performance since Inauguration Day is “the worst for any president” since the Great Depression — and polling makes it clear the American people know that Trump is to blame.
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