{UAH} THESE NUMBERS SOME OF US HAVE NEVER SEEN THEM BEFORE
Record economic optimism under Trump, better than Reagan, Clinton, and Obama
by Paul Bedard
| February 05, 2020 07:48 AM
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:
Americans' levels of optimism about both their current financial situation and where it will be a year from now are at or near record highs. These views align with President Donald Trump's contention that Americans are doing better under his presidency, and with his use of the economy and job growth as key selling points for his reelection. Republicans' positive views on their finances are something of a given for a GOP president, at least during good economic times. The majority levels of optimism among political independents are more significant for Trump's reelection prospects — and something Trump will want to maintain in 2020 to stay competitive.
EM -> { Trump for 2020 }
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