AP-NORC Poll: Trump not boosted by strong American economy

[DonViejo]

Source: Associated Press


By JOSH BOAK and HANNAH FINGERHUT
an hour ago

WASHINGTON (AP) — The solid economy is doing little to bolster support for President Donald Trump.

Americans give Trump mixed reviews for his economic stewardship despite the growth achieved during this presidency, according to a new survey by The Associated Press-NORC Center for Public Affairs Research.

Nearly two-thirds describe as “good” an economy that appears to have set a record for the longest expansion in U.S. history, with decade-long growth that began under Barack Obama. More people consider the economy to be good today than did at the start of the year.

But significantly fewer approve of Trump’s handling of the economy, even as it remains a relative strength compared with other issues. The survey indicates that most Americans do not believe they’re personally benefiting from his trade policies. And only 17% said they received a tax cut, despite government and private sector figures showing that a clear majority of taxpayers owed less after the president’s tax overhaul passed in 2017.

Read more: https://apnews.com/a5523454096a4c2b9e8406251ee8c2a2

[exboyfil]

1. It is the only thing keeping him competitive

A recession short of massive fraud will seal his fate.

[OliverQ]

11. I realize lots of people will disagree,

but I think we need a recession. I care more about the survival of Democracy and the Rule of law than some temporary economic benefits and if it takes an economic crash to destroy Trump's hold on the population, I consider that worth it.

[exboyfil]

14. You may be right

Incumbent when economy is going well has significant advantage (even this monster).

[PSPS]

2. LOL "strong American economy" for whom?

[Eyeball_Kid]

5. The meme and the reality don't mesh.

When the younger generations are able to make enough money to buy their own homes, there might be reasons for discussions. Instead, we have the wealthy (including the wealthy from foreign countries) buying up properties and renting them out at prices equal to or higher than mortgage payments. Folks can't gain the most elementary kind of wealth. It goes to those who own properties.

My kids have been saying this for years: Theirs is the first generation since WWII in which their standard of living will NOT be as good as my generation. They struggle to save money. Their reserves are paper-thin.

Fundamentally, the US economy is built on a house of cards and could collapse at the drop of a hat. The economic engine is debt. The manufacturing sector has been declining and sluggish for decades.

A "strong American economy" is a belief, not based on the reality of living below the upper class. The GOP depends on selling the belief, not upon the delivery of a rising standard of living for the bottom 90%. The rising subsistence class can be dressing in Chinese-made rags and eating irradiated Roundup food, but if they BELIEVE that the American economy is strong, who's to know the difference?

[ananda]

7. The stock market is doing very well..

.. I have no idea why.

But the workers' economy sucks.

And they are the ones targeted for purges
and voter suppression.

[cstanleytech]

8. Purges might actually be a good idea

.....in the White House and the Senate.

[OliverQ]

12. Stock market is doing well because all the rich people

and corporations are buying back their own stocks from the tax cuts. It's being artificially inflated.

[fleur-de-lisa]

10. Really.

[Takket]

17. yeah... Democrats pointed this put a lot during the debates.........

When the market is strong it just means investors are making money. billionaires are piling up an extra million every few days.

and your 401k is maybe worth about 4-5% more than it would of been. good new for 20-30 years from now when you retire, if you even HAVE a 401k to begin with

but it doesn't do ANYTHING for the working middle class.

[docgee]

22. No shit

My 401K lost 1.5% since this time last year.

[ck4829]

25. Got that right

[titaniumsalute]

3. His average approval in 538 is about 42% to 53%

If the economy tanks my bet is he'd end up about 37% to 58% by the election. That would not be enough to win. He would certainly end up losing the rust belts and midwest states of PA, MI, WI. I live in Ohio and this state may be too far gone to vote blue even if the economy crashes. But I could also see an Iowa, Arizona, and maybe NC go blue as well.

[Eyeball_Kid]

6. My only rationale for an approval rating of 42%

is that, by statistical definition, HALF of the nation has an IQ of below 100.

Another major factor comes from the world of developmental psychology. When individuals experience either traumatic or chronic stress, their cognitive abilities decline to an earlier developmental stage, and there are fewer internal resources to access their capabilities for a more advanced, higher level of thinking operations. When stressed, problem solving tends to be dependent on irrational beliefs and emotional leanings. Cognition drops to symbolic thinking, concrete operations, and even the intuitive stage of cognitive development. As a species, we don't do well when under the strain of chronic or traumatic stress. Trumpy gained the support of a good percentage of his fan base by complimenting their chronic stress with fear-based themes. That he doesn't get higher ratings than 42% is amazing.

[ffr]

4. What's so strong about an economy subsidized by enormous deficits during economic expansion?

FRAGILE economy is more like it. To me, an economy that cannot sustain itself on its own is NOT strong.

[paulkienitz]

9. even if he was, the leading indicators are starting to lead downward

indicating a probable recession in 2020.

[not fooled]

13. What else, then?

Lends credence to the idea that what support he does have emanates from racism.

[Javaman]

15. he's the stumbing drunk idiot in the bar that...

trips over everyone, spills his beer on everyone but still winds up walking out the door with his drinks paid for.

[TeamPooka]

16. The guy doesn't know how to play the winning hand dealt to him.

He inherited Obama's great economy and if he tried just a little to be a real president and win over some/a few people who didn't vote for him he could skate to re-election, but he is emotionally and intellectually incapable of such a thing.
Thank god for that.

[Takket]

18. the premise is a bit off...

he hasn't gotten a boost but on the other hand, the economy is the #1 issue for most people and in so much a we are TOLD it is doing well (just not for WHO)... so he hasn't suffered a loss because of it. drumpf would quite easily be in the 20s for an approval rating if the economy goes in the tank. everyone is already paying more because of the tariffs for instance but since there is no "tariff tax" on the shelf stickers at the grocery store, you don't even realize it is why that can of soup is $1.29 instead of $1.24

[They_Live]

19. deficits have really blossomed (n/t)

[UpInArms]

20. this guy has been lobotomized

Paul Miller, 81, a retired shoe factory foreman from Carlisle, Pennsylvania, said he still intends to vote for Trump, since he hasn’t seen anyone better yet in the Democratic field.

Living off his pension and Social Security, Miller said the tax cuts were basically irrelevant for him. And he doesn’t agree with the president’s claim that China is paying for the tariffs, rather than U.S. consumers and companies.

“I sort of have mixed feelings about the tariffs,” he said. “Of course, I don’t believe it when Trump says we won’t have to pay them. We will.”

hmmmm..... pension (pre-1990 corporations) .... social security (thank you, FDR!)

smh

[duforsure]

21. I agree

But in order for him to continue the con he's responsible ,he has to keep repeating his lie that its all because of him. and everyone knows its not. His policies will drag the economy down ,and hard. Then he'll just blame the fed chairman and the Democrats, more lies. He repeats his lies often to make it sound like the truth, and does this with other issues also like Mexico will pay for it, and no collusion or obstruction, and all because he knows its false and wants people to think the opposite of the truth about him. Its all propaganda from trump, and why anyone would believe him on anything he says is amazing when he lies ALL the time.

[bucolic_frolic]

23. Social Safety Net Shredded

Inflation on the move, environment a sea of cancer, heat waves with intermittent flooding, slave for The Man.

Are they so stupid they can't figure it out?

[ck4829]

24. Gee, I wonder why... because it's not REALLY that strong maybe?

[dawg day]

26. "with decade-long growth that began under Barack Obama."

It didn't just START under Obama. 75% of the growth happened when he was president.
They are actually inflating Trump's contribution to that.

[klook]

27. The DJIA rose 244 pct. from 1/1/09 to 11/1/16

(6,948.4 to 16,953.3) following a deep recession, and 157 pct. since then (to 26,652.7), continuing the upward trend of the Obama economy.

Old white man coasts on the success achieved by his black predecessor, pretends his lucky break is the product of his own (non-existent) genius. Winning!

https://tradingeconomics.com/united-states/stock-market

[BumRushDaShow]

29. THIS

And the media pounded the narrative that Obama's economy was basically mediocre and the growth was "weak" with increases in the debt.

This ignored the fact that he went from inherited job losses of upwards of 750,000 a month during the 2009 inauguration month, to a steady average of hires of 200,000+ a month... Plus tangible outcomes were obtained from ARRA ("stimulus" ) where I know in my area, all kinds of old highway overpasses and highways were replaced and/or reconfigured and updated for better traffic flow, older government buildings were made energy efficient with the replacement of old drafty wood windows with energy efficient ones, enhanced air-handling systems were installed, and green roofs were implemented where possible. In addition, many took advantage of the Cash for Clunkers program to get new cars (one of my BILs included), which helped to boost the auto industry and local dealers (I recall back then how many large car dealerships literally closed down and were nothing but empty lots).

[riversedge]

28. I think folks are just tired of the lies and boasting 24/7!!