CNN Poll: 7 in 10 say economy in good shape -- and Trump may reap the benefits
By Jennifer Agiesta , CNN Polling Director
Updated 4:18 PM ET, Mon March 18, 2019
https://www.cnn.com/2019/03/18/politics/cnn-poll-trump-economy-tech/index.html
WASHINGTON (CNN)Americans give the nation's economy glowing reviews in a new CNN Poll conducted by SSRS , and Donald Trump's approval rating may be reaping the benefits.
Overall, 71% say the nation's economy is in good shape, the highest share to say so since February 2001, and the best rating during Trump's presidency by two points. A majority give the President positive reviews for his handling of the nation's economy (51% approve), and his overall approval rating has ticked up to 42% in the new poll. The 51% who say they disapprove of the President's job performance overall represent the lowest share to do so in CNN polling since the start of his presidency.
Trump's 42% approval rating at this point in his presidency puts him near the bottom of the list of modern elected presidents, between President Bill Clinton in 1995 (44%) and President Ronald Reagan in 1983 (41%). Both were re-elected to second terms.
The President's approval ratings for other major issues have largely held steady or turned downward. On handling foreign affairs, 40% approve -- the same share who said so in early February before the President's abruptly-ended summit with North Korean leader Kim Jong Un. About 4 in 10 approve of Trump's handling of taxes (42%), roughly the same as just before the midterm elections last year.
On the heels of the release of the White House's 2020 budget proposal, which projects large deficits and growing public debt, Trump's ratings for handling the budget are deeply negative: 56% disapprove while just 34% approve.
The public also breaks sharply negative over the President's handling of immigration. Overall, 58% disapprove and 39% approve, a bit worse than the 41% approve, 54% disapprove divide registered in the early February results.
That finding follows Congress' passage of a resolution seeking to overturn the President's declaration of a national emergency along the US border with Mexico. Half (50%) of Americans say Congress should have passed that resolution, 42% disagree, and most (55%) were opposed to the President's veto of that resolution. Just 35% say he should have used his veto power in this case.
The President's strong reviews on the economy come as a plurality say their personal financial situation is better off today than it was three years ago -- before Trump took office. About 4 in 10 (42%) say they are better off now, a similar share (41%) say they're about the same, and 15% say they're worse off than they were three years ago.
Those results are closely tied to partisanship, with Republicans most apt to report an improved financial situation (65%), and Democrats far less so (19%).
And as the Democratic Party weighs potential 2020 nominees who espouse stronger government regulation of business, the poll finds little public appetite for deeper regulation overall, or specifically for big tech companies such as Google, Facebook or Amazon.
About 7 in 10 Americans in the poll say they have more trust in the free market than in the government, up a bit from roughly two-thirds who said so in 2011, as the country was recovering from the Great Recession. That trend holds for all except Republicans -- 77% of whom currently place more faith in the free market than the government, down a tick from 81% who said so in 2011, when Democrat Barack Obama held the White House.
The share placing more trust in the markets increased among Democrats (from 55% to 61%) and independents (from 65% to 78%).
Looking specifically to big technology firms, majorities of Americans say they have just a little or no trust in those companies to do the right thing for the economy (57%) or for their users (58%).
Overall, 42% think government regulation of big tech should go farther, 35% say it's about right as it is and 17% say it goes too far. There is not a massive partisan difference here: 49% of Democrats and 42% of Republicans say it should go further. There's a bigger ideological gap, 52% of liberals say it should go farther and 39% of conservatives say so. But just 11% overall say these companies should be forced to sell off some parts of their businesses, as Elizabeth Warren has proposed.
That plan doesn't spark widespread interest among Democrats (16% say these businesses should have to sell off some parts of their businesses) or even among liberals (18%). Among Democrats and Democratic-leaning independents, the group which could ultimately decide who wins the Democratic Party's nomination for president, 15% say these companies ought to be forced to sell off some parts of their business.
The CNN Poll was conducted by SSRS March 14 through 17 among a random national sample of 1,003 adults reached on landlines or cellphones by a live interviewer. Results for the full sample have a margin of sampling error of plus or minus 3.8 percentage points, it is larger for subgroups.
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"Overall, 71% say the nation's economy is in good shape"
In "Liberal Land" …… That's a "Crises" !
Recession - Dead Ahead
Obama's recovery is petering out due to the gop's fiscal irresponsibly, again...
Yup Trillions in deficit - but they don't count, unless it's a Democrat in office.
I read it, and?
Duh, yes they are my words which has nothing to do with the trillions in deficits that Rump has created.
The 34% would have to be Rump supporters anyway, which is exactly the turd's approval rating.
Bet you never uttered a single word other than "GOOD!" when Obama ran the highest deficits in history.
Deficit spending to get us out of Bush's Great Recession was smart and it worked butt huge deficits and tax cuts during relatively good economic times is very irresponsible. When Trump's Greatest Recession reall gets started there will not be one damn thing left in our economic playbook for us to use to stimulate our economy this time. Our economy is already over heated. We are already runnin trillion dollar deficits, again, after Obama cut them by two thirds. Taxes thus government revenues are already cut to the bone. Our stock market is overvalued and investors have been grossly over exuberant, again. We are now in Trump's Great Bubble. Next will be The Great Trump Bust. Reminder To Myself... Buy More Gold.
I don't even know why you try and debate the uneducated. I swear my IQ drops a point or two every time a read a liberal comment.
best to do a modicum of research before posting.
87 rows · Federal Tax Revenue by Source, 1934 – 2018. Federal Government Receipts in Millions …
FISCAL YEAR
INDIVIDUAL INCOM…
CORPORATE INCOM…
SOCIAL INSURANCE AND RET…
2018 estimate
$1,977,142.00
$450,377.00
$1,280,054.00
2017 estimate
$1,843,569.00
$430,148.00
$1,218,321.00
2016 estimate
$1,700,022.00
$401,324.00
$1,160,286.00
2015 estimate
$1,551,774.00
$376,091.00
$1,084,566.00
For all your squawking, the federal govt. takes in more and more.
Sheer amusement.
Don't look at it that way. Look at it like maybe their IQ will rise if you keep at it hard enough.
Is that you, Paul Krugman?
May we again hear Lawrence O'Donnell say "America is crying tonight"
I guess the economy is in good shape for the wealthy and the super wealthy.
The lower and middle class? Meh
I'll bet it isn't the first time you have guessed wrong.
And yet the liberal wealthy are constantly complaining about their nationwide caps on mortgage interest deduction and on state and local tax deductions. Liberals are angry about those tax increases on the rich.
I am surprised the supposedly Trump hating CNN would put such a favorable (for him) interpretation on the poll. It is quite easy to see the opposite in the numbers.
So 28% of the people who think the economy is in good shape don't necessarily give credit for that to Trump (71-51 =20, 20/71 =28%). Perhaps they understand that the economy was improving in 2016 and it would have carried over to either Trump or Clinton in 2017.
This is a red flag for Trump. A third of Republicans cannot say their financial situation improved under Trump. Are these the low wage red state "deplorables"? Might they stay home on election day because Trump has not helped them? Trump needs every deplorable he can get , as his votes from independents are likely to tank in 2020.
Thanks for the truth of the matter John.
The economy nor the financial prospect of the nation or the citizens is not in 'good shape'.
Debt is rising to highest levels. Deficit is rising. Trade imbalance is rising. Personal debt is increasing. Cost of living is rising.
This...……….seed...….article...…...is propaganda.
Example: Germany, Feb. 1944. Reichstag issues conclusive report that that Germany will secure victory by Christmas.
7 in 10 say economy in good shape
What about the three that do not?