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Monday, May 27, 2024

Independents Have Little Trust, but Pick Trump over Biden on Economy

'Partisans have little to no confidence in the opposing party’s leaders. While political independents are not overly confident in any of the leaders, they have the most confidence in Trump...'

(Newly released polling data spelled bad news for President Joe Biden this election year.

Gallup released new polling data which showed independent voters trust former President Donald Trump more than Biden when it comes to the economy.

Americans' confidence in the president to do the right thing for the U.S. economy
Americans’ confidence in the president to do the right thing for the U.S. economy / IMAGE: Gallup via the Center Square

About 34% of independents said they trusted Biden to do the right thing for the economy, compared with 45% who trusted Trump.

Naturally, Republicans trusted Trump more, and Democrats trusted Biden more, but the important swing-vote independents? They chose Trump.

“Partisans have little to no confidence in the opposing party’s leaders,” Gallup said. “While political independents are not overly confident in any of the leaders, they have the most confidence in Trump.”

That poll comes after Gallup reported that Americans’ overall optimism about the economy has declined.

As the Center Square previously reported, economic confidence declined among Americans for the first time in seven months. Inflation remains elevated and has picked up speed in recent weeks, raising eyebrows among economists.

Meanwhile, the latest U.S. Gross Domestic Products figures show that in the first three months of the year, the U.S. economy underperformed expectations.

Despite reportedly strong hiring during the first quarter, much of it was limited to government and in sectors subisidized by the government—including health care. Other areas of growth included the low-wage jobs filled by illegal immigrants, such as restaurant and construction work.

However, in much of the production and retail industry where goods were created, jobs continued to decline, effectively leaving the vast majority of the economy in a recession despite the Biden administration’s having artificially bolstered parts of it through unfettered spending and immigration that will have a negative longterm impact.

Biden’s numbers are lower than many previous presidents in recent history, though Biden has bounced back somewhat since inflation had slowed from its breakneck pace earlier in his term.

Despite Trump’s better numbers among independents, on the whole Americans have little trust in anyone to do the right thing on the economy.

“Forty-six percent of U.S. adults say they have ‘a great deal’ or ‘a fair amount’ of confidence in Trump to do or recommend the right thing for the economy, while fewer say the same of Biden (38%), [Federal Reserve Chair Jerome] Powell (39%), and Democratic (38%) and Republican (36%) leaders in Congress,” Gallup said.

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