If President Trump’s approval ratings continue to move in the same direction, he will be untouchable in the 2020 elections.
A recent poll from Rasmussen shows President Trump’s approval rating at 50 percent, which is higher than what former President Obama’s approval rating was at the same point in his presidency.
The poll compared August 2, 2018, of President Trump to August 2, 2010, of former President Obama.
With the mid-term elections coming up, everything is on the line. Republicans must maintain control of both the House and Senate in order to push through President Trump’s agenda. –Fox 32 Chicago
Investors Business Daily reports that if President Trump’s re-election prospects hinge on the success of his economic policies, his prospects for 2020 look pretty good right now, a new IBD/TIPP Poll suggests. Americans aren’t just more optimistic, but groups not known to be Trump-friendly in their politics are among the most optimistic of all.
We noted in an earlier piece that the U.S. seems to have undergone a significant mood shift, with the share of Americans saying they’re optimistic about the direction of the country rising above 50 for the first time since January 2005. Along with that, the Presidential Leadership Index jumped 3.2% to 45.7 in August, the highest since Trump’s first month in office.
Those data have been confirmed by the IBD/TIPP Economic Optimism Index, which rose 2.8% to 58 in August, its highest since January of 2004. With GDP growth at 4.1% in the second quarter and unemployment currently at an ultralow 3.9%, it’s no wonder.
That economic optimism number for August, by the way, is the highest of Trump’s presidency. And it is the longest stretch ever — 23 months — above the make-or-break level of 50 for the optimism index.
People are feeling more secure in their finances than they have at least since the early 2000s.
What’s intriguing about this, as we noted, is that some of those who feel the economy’s reviving “animal spirits” most keenly aren’t necessarily big Trump fans.
Those aged 25-44, roughly the same demographic cohort as the millennial age group, saw their optimism about the economy jump to 63.7 in August, a 10% gain from July. That, too, is an all-time high.
Then there are the independents. They make up more than a third of the electorate these days. Though not organized, they are a de facto third party in American politics. Their optimism about the economy jumped 7% in August to 57.2.
It’s important to note that these are key parts of the electorate that both Democrats and Republicans are fighting over. If both groups are overwhelmingly happy with how the economy’s going, how likely are they to vote out those now in power? Especially now that, at 52.1, our Federal Economic Policies index is at its second-highest level since December 2006.
The point is, for all the trauma and hysteria that President Trump’s tweets cause among the media, average Americans seem mostly to ignore it. But they like his economic policies — based on lower taxes and deregulation — and the faster growth and plentiful jobs that come with them.
If this were an economic report card, Trump would get an ‘A.’