AP-NORC Poll: Trump not boosted by strong American economy
Source: Associated Press
By JOSH BOAK and HANNAH FINGERHUT
an hour ago
WASHINGTON (AP) The solid economy is doing little to bolster support for President Donald Trump.
Americans give Trump mixed reviews for his economic stewardship despite the growth achieved during this presidency, according to a new survey by The Associated Press-NORC Center for Public Affairs Research.
Nearly two-thirds describe as good an economy that appears to have set a record for the longest expansion in U.S. history, with decade-long growth that began under Barack Obama. More people consider the economy to be good today than did at the start of the year.
But significantly fewer approve of Trumps handling of the economy, even as it remains a relative strength compared with other issues. The survey indicates that most Americans do not believe theyre personally benefiting from his trade policies. And only 17% said they received a tax cut, despite government and private sector figures showing that a clear majority of taxpayers owed less after the presidents tax overhaul passed in 2017.
Read more: https://apnews.com/a5523454096a4c2b9e8406251ee8c2a2
exboyfil
(17,862 posts)A recession short of massive fraud will seal his fate.
OliverQ
(3,363 posts)but I think we need a recession. I care more about the survival of Democracy and the Rule of law than some temporary economic benefits and if it takes an economic crash to destroy Trump's hold on the population, I consider that worth it.
exboyfil
(17,862 posts)Incumbent when economy is going well has significant advantage (even this monster).
PSPS
(13,577 posts)Eyeball_Kid
(7,429 posts)When the younger generations are able to make enough money to buy their own homes, there might be reasons for discussions. Instead, we have the wealthy (including the wealthy from foreign countries) buying up properties and renting them out at prices equal to or higher than mortgage payments. Folks can't gain the most elementary kind of wealth. It goes to those who own properties.
My kids have been saying this for years: Theirs is the first generation since WWII in which their standard of living will NOT be as good as my generation. They struggle to save money. Their reserves are paper-thin.
Fundamentally, the US economy is built on a house of cards and could collapse at the drop of a hat. The economic engine is debt. The manufacturing sector has been declining and sluggish for decades.
A "strong American economy" is a belief, not based on the reality of living below the upper class. The GOP depends on selling the belief, not upon the delivery of a rising standard of living for the bottom 90%. The rising subsistence class can be dressing in Chinese-made rags and eating irradiated Roundup food, but if they BELIEVE that the American economy is strong, who's to know the difference?
ananda
(28,831 posts).. I have no idea why.
But the workers' economy sucks.
And they are the ones targeted for purges
and voter suppression.
cstanleytech
(26,213 posts).....in the White House and the Senate.
OliverQ
(3,363 posts)and corporations are buying back their own stocks from the tax cuts. It's being artificially inflated.
fleur-de-lisa
(14,624 posts)Takket
(21,525 posts)When the market is strong it just means investors are making money. billionaires are piling up an extra million every few days.
and your 401k is maybe worth about 4-5% more than it would of been. good new for 20-30 years from now when you retire, if you even HAVE a 401k to begin with
but it doesn't do ANYTHING for the working middle class.
My 401K lost 1.5% since this time last year.
ck4829
(35,035 posts)titaniumsalute
(4,742 posts)If the economy tanks my bet is he'd end up about 37% to 58% by the election. That would not be enough to win. He would certainly end up losing the rust belts and midwest states of PA, MI, WI. I live in Ohio and this state may be too far gone to vote blue even if the economy crashes. But I could also see an Iowa, Arizona, and maybe NC go blue as well.
Eyeball_Kid
(7,429 posts)is that, by statistical definition, HALF of the nation has an IQ of below 100.
Another major factor comes from the world of developmental psychology. When individuals experience either traumatic or chronic stress, their cognitive abilities decline to an earlier developmental stage, and there are fewer internal resources to access their capabilities for a more advanced, higher level of thinking operations. When stressed, problem solving tends to be dependent on irrational beliefs and emotional leanings. Cognition drops to symbolic thinking, concrete operations, and even the intuitive stage of cognitive development. As a species, we don't do well when under the strain of chronic or traumatic stress. Trumpy gained the support of a good percentage of his fan base by complimenting their chronic stress with fear-based themes. That he doesn't get higher ratings than 42% is amazing.
ffr
(22,665 posts)FRAGILE economy is more like it. To me, an economy that cannot sustain itself on its own is NOT strong.
paulkienitz
(1,296 posts)indicating a probable recession in 2020.
not fooled
(5,801 posts)Lends credence to the idea that what support he does have emanates from racism.
Javaman
(62,497 posts)trips over everyone, spills his beer on everyone but still winds up walking out the door with his drinks paid for.
TeamPooka
(24,201 posts)He inherited Obama's great economy and if he tried just a little to be a real president and win over some/a few people who didn't vote for him he could skate to re-election, but he is emotionally and intellectually incapable of such a thing.
Thank god for that.
Takket
(21,525 posts)he hasn't gotten a boost but on the other hand, the economy is the #1 issue for most people and in so much a we are TOLD it is doing well (just not for WHO)... so he hasn't suffered a loss because of it. drumpf would quite easily be in the 20s for an approval rating if the economy goes in the tank. everyone is already paying more because of the tariffs for instance but since there is no "tariff tax" on the shelf stickers at the grocery store, you don't even realize it is why that can of soup is $1.29 instead of $1.24
They_Live
(3,223 posts)UpInArms
(51,279 posts)Living off his pension and Social Security, Miller said the tax cuts were basically irrelevant for him. And he doesnt agree with the presidents claim that China is paying for the tariffs, rather than U.S. consumers and companies.
I sort of have mixed feelings about the tariffs, he said. Of course, I dont believe it when Trump says we wont have to pay them. We will.
hmmmm..... pension (pre-1990 corporations) .... social security (thank you, FDR!)
smh
duforsure
(11,884 posts)But in order for him to continue the con he's responsible ,he has to keep repeating his lie that its all because of him. and everyone knows its not. His policies will drag the economy down ,and hard. Then he'll just blame the fed chairman and the Democrats, more lies. He repeats his lies often to make it sound like the truth, and does this with other issues also like Mexico will pay for it, and no collusion or obstruction, and all because he knows its false and wants people to think the opposite of the truth about him. Its all propaganda from trump, and why anyone would believe him on anything he says is amazing when he lies ALL the time.
bucolic_frolic
(43,026 posts)Inflation on the move, environment a sea of cancer, heat waves with intermittent flooding, slave for The Man.
Are they so stupid they can't figure it out?
ck4829
(35,035 posts)dawg day
(7,947 posts)It didn't just START under Obama. 75% of the growth happened when he was president.
They are actually inflating Trump's contribution to that.
klook
(12,151 posts)(6,948.4 to 16,953.3) following a deep recession, and 157 pct. since then (to 26,652.7), continuing the upward trend of the Obama economy.
Old white man coasts on the success achieved by his black predecessor, pretends his lucky break is the product of his own (non-existent) genius. Winning!
https://tradingeconomics.com/united-states/stock-market
BumRushDaShow
(128,360 posts)And the media pounded the narrative that Obama's economy was basically mediocre and the growth was "weak" with increases in the debt.
This ignored the fact that he went from inherited job losses of upwards of 750,000 a month during the 2009 inauguration month, to a steady average of hires of 200,000+ a month... Plus tangible outcomes were obtained from ARRA ("stimulus" ) where I know in my area, all kinds of old highway overpasses and highways were replaced and/or reconfigured and updated for better traffic flow, older government buildings were made energy efficient with the replacement of old drafty wood windows with energy efficient ones, enhanced air-handling systems were installed, and green roofs were implemented where possible. In addition, many took advantage of the Cash for Clunkers program to get new cars (one of my BILs included), which helped to boost the auto industry and local dealers (I recall back then how many large car dealerships literally closed down and were nothing but empty lots).