Tornado Alley (PROG)

[B402]

CNN...70%, give US economy a poor rating

https://www.msn.com/en-us/news/politics/cnn-poll-trump-maintains-lead-over-biden-in-2024-matchup-as-views-on-their-presidencies-diverge/ar-AA1nO1fc?ocid=BingNewsSerp

The economy

Biden’s approval ratings for the economy (34%) and inflation (29%) remain starkly negative, as voters say economic concerns are more important to them when choosing a candidate than they were in each of the past two presidential contests. In the new poll, 65% of registered voters call the economy extremely important to their vote for president, compared with 40% who felt that way in early 2020 and 46% who said the same at roughly this point in 2016. Those voters who say the economy is deeply important break heavily for Trump in a matchup against Biden, 62% to 30%.

A broad majority of all Americans, 70%, say economic conditions in the US are poor, with many, particularly Republicans, who feel that way saying their views would be more affected by a political shift than a change in the economy itself. About 4 in 10 in that group (41%) say that a change in political leadership in Washington would do more to change their impressions of the economy than a lower rate of inflation, a change in their personal financial situation or a sustained rise in the stock market. About 6 in 10 Republicans (61%) who say the economy is in bad shape say a change in leadership would shift their views, compared with 13% of Democrats who feel that way.

After politics, a decline in the rate of inflation could change the minds of a sizable share of those who feel the economy is in bad shape – 37% feel that way, with far fewer citing a positive change in their personal finances (14%) or a rise in the stock market (3%) as having that same effect.

Americans’ perceptions of their own finances also remain negative, with 53% saying they are dissatisfied with their personal financial situation while 47% are satisfied.Dissatisfaction is starkly prevalent among those with lower incomes (67% dissatisfied in households with annual incomes lower than $50,000), people of color (64% say they are dissatisfied) and younger Americans (61% of those younger than 45 say they are dissatisfied).