A national poll released Monday finds that 42% of those surveyed feel like they're better off under President Trump than they were under former President Obama, while just 26% say they're worse off. Thirty percent say they're about the same financially as they were two years ago.
The latest survey from Emerson College also found Trump's approval rating rising to 43% from 39% — and the pollsters said they have an idea why.
The financial situation of voters could be a major reason for the improvement in Trump’s approval rating. When asked if they (voters) were better or worse off financially than they were two years ago 42% responded better off, while 26% said worse off. Males appear to be doing better in a Trump economy than females: 49% of males reported doing better, while 21% said they were doing worse. Alternatively 36% of females reported they were better off, while 30% said they were doing worse. Perceptions of the financial situation varied by party and race, Democrats had the lowest improvement at 33%, with 32% doing worse. Among Hispanics, a distinct majority - 62% believed they were better off, while 25% thought they were worse off. Blacks had a reversed perspective with 30% reporting they were doing better and 40% doing worse.
The Emerson results mirror another recent poll taken by Zogby Analytics, which found that African Americans, Asians and Hispanics have renewed faith in their own personal finances.
"A quarter of African Americans say their finances are better off than compared to four years ago and 46 percent think their finances will be better in four years," the pollsters found.
The three groups don't exactly embrace Trump, but their support might just be a factor in the mid-term elections and in 2020.
“Even though President Trump receives little support from these groups, things might be going just good enough economically that he can scrap enough support from these groups, so that Republicans can retain control of Congress and Trump gets re-elected in 2020,” said the Zogby Poll.