A recent poll by The Financial Times has shown a significant lead for former President Trump over current President Biden when it comes to handling the economy. In the poll, 42 percent of respondents said that Trump would be the best steward for the U.S. economy, compared to 31 percent who chose Biden. The remainder were undecided or said neither candidate.
Despite being in office for less than a year, Biden has faced skepticism from voters about his economic stewardship. While unemployment is historically low and the stock market is booming, there is concern that he may not fully understand how to manage the economy effectively. This is reflected in his 36 percent approval rating on the economy, which is unchanged from November’s survey.
The Trump campaign has continued to criticize Biden’s policies and actions, particularly regarding inflation. They have pointed out that consumer prices rose 3.4 percent between January 2022 and January 2023, which they argue shows that Biden’s policies are hurting American families financially. On the other hand, Treasury Secretary Janet Yellen has tried to sell her administration’s story on the economy by boasting about strong GDP growth and declining inflation rates. However, these claims have been met with some skepticism from experts and voters alike.
Overall, the poll highlights how complex voter sentiment can be when it comes to both candidates and their approaches to managing the U.S. economy. While there are certainly differences in opinion between Trump supporters and Biden supporters when it comes to economic policy, there are also many undecided voters who are still trying to make up their minds based on a wide range of factors beyond just economic issues alone.