More than half of American voters have a negative opinion about Donald Trump's handling of inflation and the cost of living – according to the latest study commissioned by the Financial Times.
As much as approximately 58 percent respondents declared that they “definitely” or “rather” disapprove of the president's actions in this area. This is a clear warning signal to Republicans ahead of the upcoming midterm elections.
Growing voter dissatisfaction in the US. Economy and jobs under the microscope
It's not just inflation that is a concern. More than half of the respondents are also critical of the administration's activities in the labor market and the broadly understood economy.
Additionally as much as 55 percent respondents believe that the tariffs introduced by Trump have damaged the American economy. Only one in four voters expressed a positive assessment of his trade policy.
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The war in Iran deepens the problems
The situation is further complicated by the conflict with Iran, which has contributed to the increase in prices of fuel and other products.
While Trump recently claimed that gas prices are “much lower,” the reality is different — the average fuel price reached about $4.60. per gallon, almost half as much as at the beginning of the conflict.
It is therefore not surprising that almost 54 percent respondents have a negative opinion about the president's way of conducting the war. Importantly, critical voices also appear among his own voters – about 20 percent. Republicans express disapproval.
Declining support for the president
Poor ratings in key areas translate into Trump's overall image.
According to the survey, over 54 percent Americans have a negative opinion about his presidency, while less than 40 percent declare their support. Independent voters are particularly critical – as many as 58%. of them have an unfavorable opinion of the president.
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Democrats with an advantage before the elections
The study also shows the growing advantage of the Democratic Party over the Republican Party.
Democrats are ahead of their rivals by about 8 percentage points among all registered voters, and the advantage is even larger among independents.
Although Republicans currently control both houses of Congress, the November elections (so-called midterms) may significantly change the balance of power.
The White House calms down the mood. A good face for a bad game?
However, administration representatives argue that the situation is “under control.” White House spokesman Kush Desai emphasized that tax policy, deregulation and energy strategy are intended to ensure stable economic development.
He believes that once the situation related to the conflict in Iran is stabilized, Americans will feel improvement: fuel prices will fall, real wages will increase, and inflation will begin to slow down.
