Confidence in the US economy under President Donald Trump has fallen sharply, according to recent polling highlighted by CNN’s chief data analyst, Harry Enten. The data indicate that economic concerns, particularly inflation and the cost of living, are weighing heavily on public opinion during the early stages of Trump’s second term.
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Enten compared the current figures with those from Joe Biden’s presidency, noting that Biden recorded a net approval rating of minus 19 points on the economy in January 2022. By contrast, Trump began his second term with a positive rating of six points but has since dropped to minus 20 at a comparable point in office, placing him in a weaker position than his predecessor.
Polling also suggests widespread dissatisfaction with the administration’s priorities. Around 74 per cent of respondents believe the government is doing too little to reduce prices, while 53 per cent say it is focusing excessively on immigration enforcement and deportations rather than economic issues.
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Looking ahead, the figures could have significant political consequences. Enten argued that presidents with negative economic approval ratings tend to face substantial losses in midterm elections, potentially costing Republicans their majority in the House of Representatives and placing control of the Senate at risk if current trends continue.