Trump is winning on the economy. That may not matter
May 15, 2020. Summarized by summa-bot.
President Donald Trump walks to speak to members of the media on the South Lawn of the White House in Washington, Tuesday, May 5, 2020, before boarding Marine One for a short trip to Andrews Air Force Base, Md., and then on to Phoenix, Ariz. (AP Photo/Patrick Semansky)
The US economy is contracting. Jobs have been shed at a record pace during the coronavirus pandemic. Normally, a president would be blamed for the bad economy, and his economic and overall approval ratings would be declining at a rapid pace.
Normally, a president would be blamed for the bad economy, and his economic and overall approval ratings would be declining at a rapid pace.
Instead, Trump's more than holding his own on the economy.
The latest CNN/SSRS national poll puts Trump's approval rating on the economy at 50%.
Trump scored a 50% approval rating on the economy in an April Marist College poll and a 52% in AP-NORC survey.
In the CNN poll, Trump held a 12-point advantage when voters were asked who they trusted most to handle the economy.
At first glance, it may be stunning that Trump's doing so well on the economy.
Americans are likely giving Trump a lot of slack given the pandemic with concern to the economy.
A majority, 57%, said in the CNN poll that current economic problems were a "temporary obstacle to economic growth and the economy will soon recover. "
Even as he is winning on the economy, he is behind.
Trump's overall approval rating has consistently trailed his economic approval rating.
Changes in Trump's approval rating has been disconnected from shifts in the economy.
Right now, voter choice is far more correlated with feelings on coronavirus than on the economy.
Trump's losing to Biden on handling coronavirus by a 6-point margin in CNN polling, which is nearly identical to Biden's 5-point lead overall.
Trump has a 90-point edge on handling the outbreak among those who say they're voting for Trump.
For comparison, Trump's only winning by 69 points overall among those who trust him over Biden on the economy.
The economy may not sink Trump, but it's unlikely to save him either, even if voters trust him on it.
Trump will likely only win if Americans believe he'll do better on the coronavirus than Biden.