Trump and economic optimism

Paul Bedard of the Washington Examiner details assessments of economic optimism under the current presidential administration.

Economic optimism has reached a 44-year high — and economic gloom a record low — under President Trump in the latest survey that shows Americans 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 Americans believe that they are “better off,” a trend that has soared under Trump.

It is higher than when former President Ronald Reagan made his economy a campaign rallying cry and better than the so-called dotcom bubble under former President Bill Clinton.

And Gallup found that those who feel that they are “worse off” is 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 the public satisfaction with the economy. Just yesterday, Gallup reported a 63% satisfaction with the president’s handling of the economy, and 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, Americans are at “peak optimism” when asked about their future economic situation.

Mitch Kokai / Senior Political Analyst

Mitch Kokai is senior political analyst for the John Locke Foundation. He joined JLF in December 2005 as director of communications. That followed more than four years as chie...

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