A new poll highlights the current sentiment in America regarding the president’s performance, with his approval rating hitting a record low.
Across the United States, citizens are contending with unprecedented debt levels and an increasing cost of living. According to recent research, six out of ten people attribute these issues to Donald Trump and his administration.
The poll, carried out by Morning Consult for the Century Foundation, surveyed 2,007 Americans about their experiences in the challenging economy and their views on its causes. The results show that a significant majority hold Trump accountable.
A striking 63 percent of respondents believe that Trump has negatively affected grocery prices, while 61 percent think he has worsened the overall cost of living.
Additionally, 49 percent express that the Trump administration has adversely impacted their personal finances. Many cite the struggle to secure well-paying jobs, purchase homes, and afford childcare. A vast majority are worried about grocery costs (83 percent), with nearly half (47 percent) anxious about meeting rent or mortgage payments.
Unforeseen medical expenses concern 64 percent of those surveyed, and a significant 76 percent foresee a looming financial recession.
Trump’s controversial tariffs offer little hope for reducing financial strain. Around 80 percent of respondents, including 70 percent of Republican voters, fear that these tariffs will increase the cost of everyday items.
The poll results coincide with a decrease in Trump’s approval rating, which has dropped to 40 percent, marking the lowest point in his second presidential term.
A separate Reuters/Ipsos poll of 1,023 American adults indicates a continuing divide over Trump’s performance since he took office on January 20. Approximately 83 percent of Republicans approve of his job performance, in contrast with a mere three percent of Democrats, and only one-third of independents express approval.
Regarding Trump’s economic management, 38 percent approve, a slight increase from 35 percent in mid-July. His immigration policies receive 43 percent approval, up from 41 percent a few weeks ago.
Surprisingly, Trump seems to be losing support among one of his key demographics: men. A CBS/YouGov poll reports that only 47 percent of men approve of Trump’s actions in his second term, compared to 53 percent who disapprove.
In this poll, immigration and the economy are top concerns, with 47 percent of men believing Trump is overly focused on deporting immigrants, while 33 percent feel he addresses the issue adequately. Furthermore, 65 percent of men think Trump has not done enough to reduce grocery prices, while 29 percent believe otherwise.
A Gallup poll last week recorded Trump’s approval rating at 37 percent, the lowest for this metric.
Julie Margetta Morgan, president of the Century Foundation, commented to The Guardian, “Donald Trump has simultaneously raised prices on everyday goods through a reckless approach to tariffs, a decimation of programs that help Americans afford healthcare, education, food and childcare, and then kneecapping federal regulators who keep banks and other big businesses from swindling consumers.”
She added, “This has created an alarming set of market conditions. Americans are left on their own to face high prices and low earnings, are building their own safety nets from a web of financial products, credit cards, buy now, pay later loans, payday loans and student debt, and companies have been given the green light to manipulate these products to boost their own profits without having to worry about following the law.”