President Joe Biden said earlier this year that the U.S. economy is “literally the envy of the world” after inheriting an economy he said was “on the brink” from predecessor Donald Trump.
“It takes time, but the American people are beginning to feel it,” he said during his State of the Union address in March.
But despite his positive outlook, more than one-third of Americans don’t agree. According to polling conducted exclusively for Newsweek by Redfield & Wilton Strategies, 46 percent of Americans believe the economy is in a worse state than in January 2021, when Trump left the White House, compared to 33 percent who said it has improved. Fifteen percent of those 1,500 eligible voters surveyed on August 15 said that, in their eyes, the economy remains the same, while 6 percent said they didn’t know.
The poll also found a significant partisan skew in beliefs about the economy, with 68 percent of those who said they will vote for Trump in the 2024 presidential election saying the economy is worse than it was in 2021, while only 25 percent of those planning to vote for Biden’s replacement, Vice President Kamala Harris, think the same.
When asked to describe the current state of the U.S. economy, 41 percent said it was either bad or very bad, compared to 36 percent who said it was either good or very good. Twenty percent of respondents said it was neither good nor bad. Another partisan split was observed here: 60 percent of prospective Trump voters said the economy is worse for…
