Economic optimism has reached a 44-year high and economic gloom a record low under President Trump in the latest survey that shows people are cheering their best personal economy in decades.
For the first time in its history, the Gallup “Mood of the Nation” economic survey found that 59% of people believe that they are “better off,” a trend that has soared under Trump.
It is higher than when President Ronald Reagan made his economy a campaign rallying cry and better than the so-called dot-com bubble under President Bill Clinton.
And Gallup found that those who feel that they are “worse off” are down to 20%, the lowest ever.
The positive survey comes a day after Gallup reported that Trump had reached his highest job approval as president.
The survey follows several others that have showed public satisfaction with the economy. Just yesterday, Gallup reported a 63% satisfaction with the president’s handling of the economy, calling it, “The highest economic approval rating not only for Trump, but for any president since George W. Bush enjoyed stratospheric job approval ratings in the first few months after the Sept. 11, 2001, terrorist attacks.”
What’s more, people are at “peak optimism” when asked about their future economic situation.
President @realDonaldTrump has the highest Gallup approval rating for economic management since 9/11.
Impeach-not: Trump job approval highest yet, half say he ‘deserves’ reelection https://t.co/epgxkivugy— Paul Bedard (@SecretsBedard) February 4, 2020
“In addition to U.S. adults’ highly positive report on their current financial situation, Americans are also expressing peak optimism about their future personal financial situation. About three in four U.S. adults (74%) predict they will be better off financially a year from now, the highest in Gallup’s trend since 1977,” said the survey.
But as with everything, there is a partisan divide even over economic optimism, said Gallup, with 76% of Republicans feeling good about their personal economic position versus 43% of Democrats.
Gallup’s “bottom line” analysis:
