As the 2020 election cycle hits full swing, and as the Democratic Party’s quest to topple President Donald Trump got off to a fairly catastrophic start earlier this week in Iowa, polling now indicates that Americans are more optimistic about the economy than they have been 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,” Paul Bedard reported this morning for the Washington Examiner. “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.”
“The survey follows several others that have showed public satisfaction with the economy,” Bedard added. “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.'”
Specifically, Gallup notes today that “[t]he current 59% of Americans who say they are better off financially than they were a year ago is essentially tied for the all-time high of 58% in January 1999.”
“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,” Gallup concluded. “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 re-election. 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 re-election prospects — and something Trump will want to maintain in 2020 to stay competitive.”
The news from Gallup today comes just one day after the same famed polling outfit reported an all-time high approval rating for Trump, as The Daily Wire noted. Furthermore, the current RealClearPolitics polling average for Americans’ views of Trump’s handling of the economy shows that a whopping 56% currently approve, whereas a trifling 38.9% disapprove. That ought to augur quite well for the president’s electoral hopes this November.
The news of Americans’ record optimism about their economy, and Trump’s handling of it, comes at a time when the Democratic Party is increasingly committed to implementing an unvarnished socialistic agenda. The bold contrast between these two visions of governance offers a stark choice for voters this fall.
“Pulling no punches in Tuesday’s [State of the Union] speech, President Trump pointedly attacked socialism, a policy that has increasingly become the heart and soul of the modern left, much to the chagrin of the Democratic establishment,” The Federalist’s Erielle Davidson wrote this morning. “In what may have been one of the most striking lines of his speech, Trump declared, ‘Socialism destroys nations. But always remember: Freedom unifies the soul.'”