Trump's Economic Struggles Intensify as Polls Show Worsening Financial Conditions for Many
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Trump's nadir comes as a majority of Americans say their finances have gotten worse since he came to power. In a Financial Times poll released on Sunday, more than 53% of registered voters said they were worse off since January 2025. This includes 57% of independents, but also nearly a quarter of Republicans.
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Financial TimesMost US voters say they are worse off under Trump — FT poll Democrats lead Republicans on economy just months ahead of midterm elections
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President Donald Trump on Friday said that the US economy is "doing unbelievably from the standpoint of Wall Street," bragging about record equity prices as job and wage growth remain stagnant and millions of Americans struggle to afford groceries.
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Despite Trump's promise to bring them down, prices remain elevated across the economy, driven in part by the president's illegal war against Iran. Research published last month by the Urban Institute found that American families are increasingly relying on savings and credit—including buy now, pay later programs—to meet their grocery needs.
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01 Common Dreams 5 #000000 #FFFFFF As inflation has wiped out wage growth, 53% of voters said they were worse off financially than when Trump took office, including nearly a quarter of Republicans.
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02 Fortune 57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents The tally comes as only 32% of Americans approve of Trump's handling of the economy, down from 40%
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03 Jacobin Republicans heralded Donald Trump’s 2024 victory as the birth of a new majority: a multiracial, working-class coalition powered by newfound support among black and Latino voters, particularly men, who had finally abandoned the Democrats over inflation, the cost of living, and immigration. While that conclusion may have been warranted in November 2024, it is not anymore. Indeed, over the course of 2026, Trump’s new coalition has been coming apart at the seams.
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- fortune
- jacobin
- commondreams
- ft