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Record Consumer Gloom Undercuts Trump’s Economic Message

Fresh polling points to widespread blame on Trump’s policies, especially among independents.

Overview

  • The University of Michigan’s current conditions index fell to 52.3, the worst reading since the survey began in 1951 and roughly 30% below January levels.
  • CNN/SSRS and CBS polling show 61% of Americans say Trump’s policies have worsened the national economy and 51% say their own finances have deteriorated.
  • Marquette Law School and ABC/Washington Post surveys find 76% to 79% of pure independents disapprove of Trump’s handling of the economy.
  • CNN analyst Harry Enten warns that if these sentiment and approval levels persist, Republicans could lose their House majority and potentially the Senate.
  • Trump continues to assert that prices are down and inflation is minimal, while PoliticusUSA reports he is withholding some jobs and economic data.