Trump hurt the economy, Majority of Americans say

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00:00Trump hurt the economy, majority of Americans say.

00:04During the 2024 campaign, President Donald Trump held a clear lead over Democratic rivals,

00:09then-President Joe Biden and Vice President Kamala Harris, when it came to voter confidence

00:14on the economy.

00:15A majority of Americans, 53%, believe Trump's policies have made economic conditions worse,

00:22while only 24% believe he's improved them, according to a new Pew Research survey.

00:27Just 26% of respondents to the Pew Research poll rated the current economy as excellent

00:32or good, including 44% of those who identify as or lean Republican.

00:38Meanwhile, 74% described the economy as fair or poor.

00:43Among those holding a negative view, top reasons cited included inflation, 17%, tariffs, 12%,

00:50and the overall high cost of living, 9%.

00:53That marks a sharp contrast with Pew data from November 2018, around the midpoint of Trump's

00:58first term, when 59% of Americans rated the economy as excellent or good — a drop of

01:0433 percentage points.

01:06Despite Trump's poor economy ratings, polls show voters still trust Republicans slightly

01:10more than Democrats on economic issues.

01:12It's interesting, given that for over a decade, studies — including a 2024 Economic Policy

01:18Institute report — show U.S. economic performance tends to improve under Democratic administrations.

01:25Economic performance is much stronger when Democrats hold the White House, EPI Chief Economist

01:30Josh Bivens said last year.

01:33But it is our sense that the simple facts on real-time economic performance during Democratic

01:37and Republican administrations aren't particularly well-known.

01:42These facts constitute important information people should have during this time of rampant misinformation.