Trump Approval On The Economy Plummets In New WSJ/NBC Poll
A newly released Wall Street Journal/NBC poll has terrible news for President Donald Trump. To start, his net approval rating on the economy is down to a mere three percentage points — 49 percent of registered voters approve while 46 percent disapprove. This is a big drop from the 10-point edge he had in early May (51-41), and an even bigger dropped from the 16-point edge he had last July (50-34).
The precipitous drop of support on the economy has brought his overall approval rating to its lowest level of the year — 43% — according to The Journal. At the same time, 55% said they disapproved of Trump.
According to the survey, 9% of voters support Trump’s handling of the economy but don’t approve of him overall. But in a “warning sign for Mr. Trump,” the conservative paper notes that those voters “prefer a Democratic candidate over Mr. Trump by 73% to 5%.”
Why have Trump’s ratings on the economy dropped? Well, to put simply, Trump’s trade policies are costing Americans a lot of money. Now, as CNBC explains in the lead to its story on the poll, “ you can add Trump to the list of those hurt by his trade war.”
But Trump’s disastrous tariff-driven trade war with China hasn’t just hurt Americans in the pocketbook and caused volatility in the stock market. It has actually made Americans more supportive of free trade.
The bottom line is that whatever advantage Trump thought he was going to get in the election from his handling of the economy and his trade war with China has all but vanished.