As President Donald Trump tries to convince American voters that he deserves a second term in office, a report from Bloomberg suggests that most of us don’t think our personal finances have improved since he was elected four years ago.
Only 1 in 6 Americans — 16.67 percent — say the so-called “Trump Bump” hasn’t benefited them in the least. So despite the president’s claim that he’s created the best economy ever, the vast majority of us simply haven’t felt any positive effects from his efforts:
“Almost twice as many respondents said they’re worse off since Trump moved into the White House in January 2017, while about half of the U.S. adults polled, 45%, said their financial situation has stayed about the same. Groups likely to report doing better under Trump included men, those identifying as white, and those earning $80,000 or more annually.”
More telling is the fact that the majority of those surveyed said they don’t think the COVID-19 pandemic is responsible for the poor state of the U.S. economy, suggesting that most feel the blame lies with Trump’s economic policies:
“Three out of five of those surveyed said they failed to see any improvement in their personal wealth during Trump’s presidency, even before the coronavirus slammed the U.S., cratered the economy, and ate into stock market gains of the past three years. About 42% of those surveyed rated Trump’s overall handling of the economy negatively while 35% say he’s done a good or very good job.”
Respondents are not optimistic about the future with Trump as president, either, with only 35 percent saying they expect their personal financial situation will improve by the time the election is held on November 3.
Trump has repeatedly touted the economy as his signature achievement, and has been planning to base his reelection strategy on Americans being pleased with their personal financial situation since he was elected. But with each day and each bad sign from various sectors of the economy, it’s become clear that he won’t be able to win a second term by asking the old Ronald Reagan question, Are you better off now than you were four years ago?
Featured Image Via NBC News