Nearly Two-Thirds Of American Voters Say They Are Not Better Off Under Trump
President Donald Trump is relying heavily on economic arguments to fuel his re-election campaign, but a recent Financial Times/Peterson poll reveals that his strategy might not fly well with voters.
FT reported on Monday that nearly two-thirds of U.S. voters say Trump has not made them better off financially during his first term as president.
The poll found that 31 percent of likely voters say they are worse off now than before Trump was elected, and another 33 percent have detected no meaningful change in their financial status under Trump. Thirty-five percent say they are doing better since January 2017.
Sluggish wage growth was a significant issue for 36 percent of those in the “worse off” category, FT reported, and 19 percent blamed personal or family debt as the cause of their discontent.
Still, Trump is hoping to continue his stay in the White House by hyping up the economy, which he recently tweeted is “The Greatest Economy in American History!”
The president has repeatedly blamed the Federal Reserve for any negative economic indicators, but experts maintain that the effects of Trump’s trade wars cannot be discounted.
Voters least likely to be impacted by the president’s trade policy — college-educated men — were most likely to say they are better off under Trump. Forty-eight percent of this cohort say their financial position has improved.