Trump Economic Approval Categories Trump with the growth of inflation concerns

Opinion polls show that the confidence of Americans is sliding in President Trump’s ability to deal with the economy – the most important issue in the 2024 elections and the passage that is likely to transfer Trump to a second presidential term.

Fears about the ability to withstand costs, functions and inflation weigh Trump’s economic classification against the background of consumer morale and vibrant economic warning signs, including the negative prediction of GDP growth in the first quarter of Atlanta Bank of the FBI.

According to the Gallup survey in February, 42 percent of Americans give a thumb to Trump’s economic supervision, while 54 percent give him thumb.

The approval of Trump’s handling with the economy also decreased to 39 percent of 43 percent in the ballot issued by Reuters/Ipsos.

This is a significant significant sign compared to the beginning of Trump’s first term in 2017, when his economic approval reached 53 percent. Although this may reflect less enthusiasm for the economy in general, it is also noticeable to monitor the president’s team.

Trump is still ranked first for former President Biden in the economy. Biden left his position with the approval of 34 percent of the economy after overseeing the highest inflation in 40 years during his presidency.

In the economy, some opinion polls still indicate that Americans are concerned about the trend.

The polling this week appears by Reuters that 44 percent of Americans believe that the job situation and jobs are heading in the wrong direction, compared to 33 percent who believe it is heading in the right direction.

The same poll found that 53 percent believe that the economy is on the wrong path, compared to 30 percent who believe it is improving; 64 percent believes that the cost of their livelihood is getting worse while only 20 percent believes it is improving.

At the total level, new concerns appeared on Friday about the general trend of the economy.

At Atlanta’s GDP expectations in the actual time, I expected 1.5 percent for the first quarter. This is much worse than last week, when he expected a 2.3 percent positive growth for the first quarter. A month ago, 3.9 percent of growth was recorded.

Trump’s tariff pushed some economic concerns. Most of Trump’s threatening definitions have not been imposed yet, but more in the coming weeks.

“There is early evidence that the current uncertainty in politics affects the confidence of consumers and commercials,” Francis Yard and others wrote about Deutsche Bank in an investor note on Thursday. “The current policy sequence may lead to the market pricing increased the risk of recession.”

The feelings of consumers fell on Jurf in February, as it was measured by the University of Michigan, where nearly 10 percent of its readings slipped in January and about 16 percent from last year.

Involving in the year in the survey increased to 4.3 percent this month from 3.3 percent in January, the highest reading since November 2023.

Trump acknowledged the last rise in inflation, which was placed in a pinch of interest rate discounts stimulating in the Federal Reserve. Trump was quickly moving away from himself.

“Inflation has returned. No, think about: inflation appeared,” Trump said on Fox News TV earlier this month. And they said, “Oh, Trump”, and I had nothing to do with that. “

One of Trump’s economic plans this year is to extend and add tax cuts for 2017. Trump pledged to end taxes on transformation and end taxes on additional work, among other things.

However, some questions are only the popularity of tax cuts.

Fifty -five percent of Americans agreed to tax cuts when they were first signed in the law, while only 29 percent agreed, according to the Gallup poll from 2018.

This margin has decreased somewhat over the following year, decreased to 46 percent of the rejection and 39 percent of approval, although they are still in negative lands in general.

Democrats who aim to return to power hope to use the Republican Party tax plans against Republicans, even also attacking the majority of potential discounts to medicaid.

“[Republicans] They ask for something that is not very popular with the general public. It is great for the very wealthy [and] For ordinary families, Representative Stephen Lynch said what they suggest is not palatable.