One of Trump’s favorite revisionist history topics is Joe Biden’s economy. Trump will claim that he saved the American economy and that the economy under former President Biden was the worst in history.
Trump’s delusional revisionism is not reshaping reality for most Americans.
Every move by Donald Trump makes the economy worse, and the American people took notice.
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Reuters reported on the latest Reuters/Ipsos poll:
Americans’ views of Trump have deteriorated significantly regarding his handling of the economy and the cost of living, as gasoline prices have soared since the United States and Israel launched coordinated strikes against Iran on February 28. Only 25% of respondents approved of Trump’s handling of the cost of living issue, an issue that was central to his 2024 presidential election campaign.
Only 29% of countries approve of Trump’s economic management, the lowest rating of Trump’s two presidential administrations and lower than any economic approval rating of his predecessor, Democrat Joe Biden. Voters’ concerns about the economy and particularly the rising cost of living were a significant factor in Biden’s loss, and Trump campaigned on a promise to create a vibrant economy.
One fact that Republicans have misled 2024 voters about and that the mainstream press has amplified is the impact of Biden’s spending on economic policy.
Trump and Republicans have claimed that it was Biden’s spending on economic and social programs that drove up inflation and prices. The reality was that Biden’s investment was what allowed this economy to grow and stabilize.
When Trump and his party stripped spending and investment in the economy and replaced it with tariffs, tax cuts for the rich, cuts to health care, and another war, the result was a declining job market, rising prices, resurgent inflation, and an economy on the brink of recession.
Trump has pulled the rug out from under the economy, and the American people are feeling the pain.
Trump’s economic approval rating is now lower than Biden’s. Trump’s current approval rating for his handling of the economy is 29%. Biden’s lowest approval rating on the economy at any time during his term was 32%.
The American people are beginning to realize that Joe Biden was never the problem.
This is a crisis for the Republican Party, as Trump’s mismanagement of the economy could cost him everything in November.
What do you think about Biden being more popular on the economy than Trump? Share your thoughts in the comments below.