MIG Reports analysis of voter discussions shows two consistently pressing and connected topics for Americans in the 2024 election—the economy, and immigration.

Their interrelation often focuses on:

• How immigration impacts economic discussions
• How the economy impacts immigration discussions

The intent of this study is to determine trending themes, parallels, or anomalies from conversations and how they impact each other based on framing. Some key findings include:

• Sentiment is generally negative on the economy and the border.
• The total volume of discussions is greater regarding the economy than immigration.
• Discussions are often intertwined but the economy features more frequently in immigration discussions.
• Positive views of immigration are only present in conversations exclusively focused on the border.

Disparity in Volume and Focus

Analysis of two data sets includes conversations about the economy which mention immigration and conversations about immigration which mention the economy. Generally, economic concerns are discussed in larger volume than immigration issues. While there is similarity across swing state and national conversations, the economy is more often discussed within immigration conversations than immigration is discussed within economic conversations.

When discussion is focused on the economy, immigration is sometimes brought up as a negative pressure on economic problems—exacerbating inflation and taxation. When general discussion is on immigration, voters again emphasize negative economic impacts. But they often mention things like job competition, strain on social services, and crime. The discussions have less breadth and depth, however, compared to economic-centric discussions.

Consistency in Themes but Different Emphases

The same themes of inflation, job competition, taxation, and government spending recur in both sets of analyses. This suggests consistent voter concern about the economic implications of immigration. However, the emphasis differs in each type of discussion.

In the economic-centric discussions, these themes are explored in greater detail and connected to broader economic policy critiques. In immigration-centric discussions themes concentrate on how immigration exacerbates these economic issues. There is often a focus on the immediate and tangible impacts of unchecked immigration like job availability and social service burdens.

Within immigration-focused discussions there is a stronger narrative around security and crime. This is especially pronounced in data sets from swing states and presidential election conversations. Crime and safety, while present in economic discussions, is pronounced when immigration is the primary topic. This suggests deeper public anxieties about safety that Americans directly associate with increased immigration.

Mostly Negative Sentiment, Some Positive Support

Across both sets of analyses, sentiment remains largely negative toward current economic and immigration policies. However, there is relatively more support or positive framing in the immigration-centric discussions compared to the economic-centric ones.

While the immigration-focused discussions still emphasize concerns about job competition, strain on social services, and crime, there is a noticeable viewpoint which recognizes potential economic benefits of immigration.

Immigration supporters argue immigrants fill labor gaps, contribute to economic growth, and increase tax revenues. While these supportive views are sometimes expressed in immigration-centric discussions, they are still overshadowed by the dominant negative sentiment.

In economy-centric conversations, views of immigration are uniformly critical, with almost no mention of positive impacts. Here, immigration is more frequently viewed as a significant contributing factor to economic problems.

Polarization and Political Divide

Political polarization present in economic discussions is also evident in immigration discussions, though with sharper contrasts. When immigration is the focal point, the divide between supporters of stricter immigration policies and advocates for reform is more pronounced.

This contentious dialogue emerges regarding immigration, while the economy is less divisive—though still mostly negative. In the data set comprised of election-related topics, immigration discussions are often framed within a broader political narrative. These conversations emphasize past and present immigration policies, directly comparing Donald Trump and Kamala Harris.

Economy Nested Within Immigration

The immigration-focused analysis shows voter conversations narrow down on specific economic impacts like job competition and welfare costs. They delve less frequently into broader economic trends such as long-term fiscal responsibility or overall economic growth. This indicates the economy is such an overarching concern for Americans that it often figures into their discussions about immigration.

MIG Reports analysis of voter opinions on the economy and who they trust more shows significant trust in Donald Trump compared to Kamala Harris. Despite positive media coverage and selective polling showing a Harris surge, MIG Reports data reveals a consistent skepticism toward Harris's economic policies. These sentiments are largely shaped by perceptions of inflation, government spending, and unhappiness with her economic management.

Vice President Kamala Harris is catching up to former President Donald Trump on the number of voters who trust her handling of the economy, according to a new Financial Times/Michigan Ross poll. https://t.co/v4P9A0zZWO

— NBC4 Washington (@nbcwashington) August 12, 2024

Axios reported on recent polling showing Harris leads Trump by 1% in voter trust on the economy. However, the limited poll of 1,000 voters over a selected period also has a margin of error greater than Harris’s supposed lead—± 3.1 percentage points. This not only brings the poll’s results into question but emphasizes the stark contrast of MIG Reports data and analysis.

• MIG Reports analysis shows Harris with mostly very negative sentiment regarding voter trust. Donald Trump shows mostly very positive and positive sentiment regarding voter trust.
• About 70% expresses negative sentiment towards Harris. Voters focus on inflation and government intervention.
• Approximately 60% of discussions favor Trump’s economic policies, viewing them as more effective in managing inflation and stimulating growth.

All Discussions similarly reflect widespread distrust in Harris's economic strategies. Around 70% voice concerns about her strategies for handling inflation. Many attribute rising inflation to government overspending and policy failures like the Inflation Reduction Act.

About 30% express support for her efforts, particularly in reducing prescription drug prices. However, overall sentiment remains heavily negative. Approximately 60% of discussions suggest a preference for Trump’s economic leadership, citing lower inflation rates and more favorable economic conditions.

In swing states, sentiment again prefers Trump. Around 72% of voters express skepticism about Harris’s ability to address inflation effectively, criticizing her economic policies as misguided or overly reliant on government intervention. About 55% suggest trust in Trump’s economic management, particularly his tax cuts and deregulation efforts. Swing state voters view them as stimulating growth and keeping inflation low.

In national discussions, approximately 68% are critical of Harris, with many linking her policies directly to rising inflation and economic instability. Only 12% of the comments express support for her economic strategies, substantiating the theme of failure to gain public trust. About 70% of national conversations express a belief that Trump’s economic policies were more favorable.

The aggregated analysis from these sources highlights a strong public preference for Trump’s economic policies over Harris's. Overall, 60-70% of discussions favor Trump's approach to economic management over Harris’s. This preference is driven by widespread distrust in Harris’s ability to manage inflation and economic stability. Voters view her policies as exacerbating economic challenges rather than alleviating them.

Why are Voters Skeptical?

Inflation and Price Controls

One of the most recurrent themes in voter discussions is inflation. Harris’s role in the Inflation Reduction Act (IRA) is a major point of criticism. Americans place "inflation" in quotes to emphasize the perceived failure of the IRA to achieve its intended effects.

Harris's policies are also compared to communism, specifically referencing price controls, which people fear to lead to shortages, market chaos, or inflationary pressures. Many predict similar results to those in countries like Venezuela and Cuba. These terms are often used in a derogatory context to undermine Harris's credibility. People suggest her policies are out of touch with economic realities and historical lessons.

Corporate Greed and Government Control

Voters also discuss corporate greed and government control in discussions criticizing Harris's economic policy. Many decry Harris’s claim that rising prices are due to corporate greed and “price gouging.” They cite slim margins for large food retailers like Walmart—and many criticize Harris surrogates like Senator Elizabeth Warren who defend the “corporate greed” narrative.

Holy crap!

NBC had enough of Elizabeth Warren 🤣 pic.twitter.com/kDPEjyQD9H

— Brandon Tatum (@TheOfficerTatum) August 23, 2024

There is a strong belief that Harris’s policies, such as price controls and housing subsidies, could lead to more significant issues like market distortions, crashes, and black markets. These fears are bolstered by comparisons to failures in other nations which implemented similar strategies.

Tax Cuts and Job Creation

Discussions about Trump’s economic policies often invoke terms like "tax cuts" and "job creation." These terms highlight voter confidence in the successes of his administration in fostering economic growth. The comparison between Harris and Trump is stark, with many comments suggesting Trump's policies were more beneficial for the middle class.

Americans believe Trump’s policies kept inflation low and the job market strong. This comparison is often framed in a way that paints Trump’s economic record as more favorable. Many people underscore his achievements to contrast Harris’s perceived failures.

Inflation Reduction Act

The IRA is frequently mentioned, often with a tone of skepticism. Voters criticize Harris for her involvement in the Act, with the phrase placed in quotes to question its effectiveness. Critics argue that instead of reducing inflation, the Act has contributed to its rise, thereby undermining the very purpose of the legislation. This term is often juxtaposed with discussions of other economic issues, such as prescription drug prices and environmental initiatives, further highlighting the divide between the policy’s intentions and its perceived outcomes.

On Aug. 21, the Bureau of Labor Statistics (BLS) released a staggering downward revision of nearly one million added jobs from its previously reported figures. This adjustment, spanning from April 2023 through March 2024, revised job growth down by 818,000, a significant 30% reduction from earlier estimates. The adjustment represents the largest revision since 2009 and has sent ripples through economic and political circles, drawing sharp reactions from voters and pundits.

BREAKING: The federal government announces that there were 818,000 fewer jobs created through March 2024 than previously reported

It’s the largest downward revision in 15 years.

This is the “record job growth” Kamala always talks about
pic.twitter.com/vR1afMbEfr

— Greg Price (@greg_price11) August 21, 2024

This is the biggest negative revision to payrolls since the global financial crisis.

Crucially, it took place in an election year and was meant to pad the numbers, making the economy appear much stronger than it was https://t.co/WtjpNSaytR pic.twitter.com/EIHW5Ynjev

— zerohedge (@zerohedge) August 21, 2024

Voter Reactions

Following the latest BLS report, voter sentiment on jobs dropped to 40% both nationally and in swing states. This is down from a 7-day high of 48% nationally and 46% in swing states.

The public’s response to reports of the revision is a mix of skepticism and suspicion. Many voters view the revision as evidence of intentional overestimation by the government, which many call "cooking the books."

This sentiment grows from the perception that the Biden administration manipulated job figures to present a more favorable economic picture than reality. Most voter conversations reflect this distrust, with phrases like "inflated job reports" and "massive scandal" dominating the discourse.

MIG Reports analysis shows 64.5% of conversations about the revised job report express suspicion towards the government's reporting. Most conversations frame the unprecedented revision as evidence of deliberate misinformation.

This high level of skepticism underscores a broader narrative of frustration and disillusionment with the Biden-Harris administration’s transparency. Americans are unhappy with the status quo and 25% of discussions specifically about jobs mention a desire for new leadership.

Many voters also deride Harris-Biden Commerce Sec. Gina Raimondo for saying on ABC News that she has no knowledge of any job revision numbers. She went on the blame Trump for lying about everything, reiterating that she is unaware of the official BLS report.

Reporter: Nearly a million jobs "created" since Kamala took office do not exist.

Raimondo: “I don’t believe it because I’ve never heard Trump say anything truthful.”

Reporter: "It is from the Bureau of Labor."

Raimondo: "I'm not familiar with that."pic.twitter.com/UFKJiwWuPZ

— Greg Price (@greg_price11) August 21, 2024

Anger at the Biden-Harris Administration

Some Americans have been talking all year about repeated job report revisions that always trend downward. There are also concerns about the number of jobs created being government positions or jobs filled by foreign-born workers. This paints a dire picture for native-born Americans searching for fulltime employment in the private sector.

Skepticism about government reports on jobs coincide with wider distrust of the overall economy narrative the Biden-Harris administration has been pushing. It also overlaps with discontent about border security as foreign nationals continue to stream across the border, taking low-wage jobs from American citizens.

Many voters believe the Biden administration's claims of economic recovery are misleading, indicative of chronic dishonesty. Discussions frequently connect Biden-Harris lies to broader critiques of the administration's leadership. As Americans continue struggling to make ends meet in a contracting economy with layoffs and rising prices, resentment against leadership is growing. These job revisions highlight ongoing issues of trust and credibility.

• Kamala Harris has seen a drop in approval on jobs to 42% nationally to 40% in swing states.
• Donald Trump holds strong at 44% approval on jobs nationally and 45% in swing states.

MIG Reports analysis shows the political landscape in Nevada emphasizes economic stability, housing affordability, and immigration policies. As the state grapples with rising inflation and the increasing cost of living, residents express dissatisfaction with the Biden-Harris administration. Discussions reveal a strong focus on the impact of government policies on everyday life. Voters seek leadership at the national and state level that can address their concerns and provide tangible solutions to pressing problems.

Border Security

The border is a high priority and highly charged conversation in Nevada. Approximately 70% of the discussion is negative toward the state of illegal immigration under Biden-Harris. The predominant concern is that "open borders" are increasing crime rates, economic strain, and a diversion of resources away from American citizens to support illegal immigrants.

Around 60% of Nevadans in the conversation express frustration with misallocation of taxpayer dollars. They believe tax funds should prioritize veterans and the homeless over illegal immigrants. Additionally, 65% of the conversations explicitly link illegal immigration to rising crime rates, further fueling the demand for stricter border controls.

Political Ideologies

Around 75% of comments show negative sentiment toward Democratic policies, often labeling them as socialist or communist. These discussions emphasize a fear that the Democratic Party has strayed too far from traditional American values. Roughly 65% of the discourse focuses on the idea that supporting Democratic candidates equates to endorsing socialism or communism.

On the other hand, Republican ideals, particularly those associated with Trump, receive a more favorable reception in Nevada. About 60% of the discussion supports Trump, expressing appreciation for his policies and the desire to return to traditional conservative values.

Economy

Housing

Housing is a critical issue in Nevada, with about 55% of the conversations expressing frustration over the lack of affordable housing. Rising costs, stagnant wages, and inflation are frequently mentioned, with 30% of discussions focusing on affordability concerns. Around 25% in Nevada are critical of current government policies, particularly those under Democratic leadership, which are seen as ineffective in addressing the housing crisis.

Economic Issues

The economic discourse in Nevada is dominated by concerns over inflation and government spending. Approximately 75% convey frustration with the Biden administration's economic policies. Nevadans blame Democrats for rising costs and wage stagnation. Inflation is the most frequently mentioned issue, appearing in about 40% of the discussion. Many participants criticize the Inflation Reduction Act, arguing it has worsened, rather than improved inflation.

Fiscal Policy

The sentiment toward fiscal policy is predominantly negative, with 72% expressing dissatisfaction with government spending and its impact on inflation. The perception that Democratic policies, particularly those under the Biden-Harris administration, have led to economic hardship is a recurring theme. Many participants advocate for a shift in leadership, with 10% of the comments emphasizing a desire to return to Trump-era policies that are perceived to have been more economically beneficial.

Inflation

Inflation is a major concern for Nevada voters, with 60% of the discussions linking rising prices directly to the policies of the Biden administration. There is a strong sense of discontent, with 45% of the conversations focusing specifically on food inflation, associating it with broader economic mismanagement. Proposed solutions, such as price controls suggested by Harris, receive substantial criticism, with 40% of the discourse arguing these measures would exacerbate the problem rather than solve it.

Nomination

Kamala Harris’s nomination also generates controversy in Nevada, with criticism of the Democratic Party's handling of primaries. About 62% of the comments express displeasure with how Kamala Harris secured the nomination. Voters say the lack of a primary undermines democratic principles.

Negative sentiment is also present regarding the Democratic National Convention, where 55% of the comments criticize the process as undemocratic and disconnected from voter interests. In contrast, around 40% of the commentary in Nevada expresses positive sentiment toward Republican candidates, framing them as more aligned with voter engagement and traditional political values.

All Entities

Across the board, discussions involving key political figures like Kamala Harris and Donald Trump are highly polarized. Housing and economic challenges are the most frequently mentioned issues, with approximately 30% of the conversations focusing on inflation and the cost of living. Election integrity is also a significant concern, with 20% of the discourse centered on skepticism about the legitimacy of past and future elections. The overall sentiment towards Democratic figures, particularly Harris, is predominantly negative, with 15% of the discussions highlighting perceived failures in leadership.

Voters are voicing their strong aversion to Kamala Harris’s economic policy proposals, particularly recent reports of her plans to implement retail food price controls. Many see historical alignment with price controls and their effects in communist and socialist countries

• Around 70% of conversations around Harris’s economic strategies express skepticism or strong opposition.
• More than 50% of discussions associate Harris’s policies with communist policies.
• On August 15, when Harris first floated price controls, public sentiment regarding ideologies dropped to a 14-day low of 40%.
• The top three keywords mentioned in the ideologies category are MAGA, communist, and socialism.

Remarkably, the widespread negativity toward Harris’s proposed economic policies suggests Democrats also oppose them. Online discourse is typically divided by political alignment, with supporters being almost exclusively Democratic voters. For Harris on the economy, however, sentiment remains predominantly negative.

Many voters feel any proposed intervention to control prices will likely exacerbate inflation rather than alleviate it, MIG Reports data shows. They worry about creating shortages and further complicating supply chains already strained by inflation. People cite the fact that grocery stores already operate on staggeringly thin profit margins, raising the potential for putting retailers out of business.

Last year, Walmart made $15.51 billion on sales of $648.13 billion. That's a profit margin of 2.4%. I'm not sure that's price gouging.

— Eddy Elfenbein (@EddyElfenbein) August 16, 2024

Accusations of communism come from those citing countries like Venezuela and the former Soviet Union. They explain how "price fixing" is a fundamental tenet of communism and has strained food producers, leading to shortages. This increases an already pervasive fear of governmental overreach into the economy.

Negativity on All of Harris’s Economic Policies

Many voters also mention Harris’s proposal for $25,000 grants for first-time homebuyers. They say the plan would exacerbate economic inequality rather than alleviate it. Critics assert these measures underpin a broader social agenda that will eventually lead to increased taxes and a strain on the middle class.

Overall, voters perceive that Harris’s policies are all but nonexistent—except for her unrestrained and heavy-handed economic interventions. They criticize her proposed price controls, housing subsidies, and more recent reports of corporate, capital gains, and unrealized gains tax hikes.

Kamala's policies so far

Price Controls
28% corporate tax
44.6% capital gains tax
25% tax on unrealized gains

— zerohedge (@zerohedge) August 20, 2024

Only a small share of voices express optimism about the potential impact of Harris’s economic agenda. Democratic supporters frame Harris’s plans as necessary regulatory measures aimed at alleviating economic burdens on consumers. However, this group often makes arguments for Harris out of passion for social justice, opposition to Trump, and admiration for the Vice President, rather than specifically favoring her economic policy proposals.

Historical Examples

There is a loud and pervasive sentiment linking Harris’s proposed price controls to historical economic failures. Many voters draw parallels between Harris's platform and past attempts at price controls which resulted in shortages and systemic issues.

People discuss the results of communism in Venezuela and reference other historical instances of failed economic policies. While the Harris campaign frames her policies as holding greedy corporations accountable, most voters view them as "price controls." Those citing historical examples like Venezuela say price controls lead to choked food supply and market instability.

In 2013 Maduro became president and implemented price controls to combat Venezuelan corporate greed.

Guess what happened to inflation? pic.twitter.com/CU00rRC5HO

— End Wokeness (@EndWokeness) August 15, 2024

Even CNN and the Washington Post referred to Harris’s proposed polices as leaning communist.

🚨🚨🚨 MUST WATCH 🚨🚨🚨

CNN just DESTROYED Kamala Harris' economic agenda.

"We‘ve seen this kind of thing tried in lots of other countries before. Venezuela, Argentina, the Soviet Union...it leads to shortages" and would "cause a lot of harm." pic.twitter.com/pFEMYDjpN0

— House Republicans (@HouseGOP) August 16, 2024

Washington Post just DESTROYED Kamala pic.twitter.com/XuoshbAU2m

— aka (@akafacehots) August 15, 2024

Voters express a strong belief that government spending exacerbates inflation. This sentiment is woven with a sense of betrayal, with users framing Harris and Democrats as out of touch with or actively antagonistic to the plight of citizens struggling under rising costs.

Discussions regularly link Harris to wider fears of governmental control and loss of market freedom. The historical comparisons include references to the Soviet Union, Cuba, and 1970s America with Nixon’s price controls which led to notable economic distortion.

People increasingly attribute economic strife to Harris personally—despite her campaign’s attempts to distance Harris from the current Biden administration. There are references to her deciding vote on the Inflation Reduction Act, with assertions that her policies directly correlate with the current economic challenges.

Views of Harris

Americans are very skeptical about whether Harris's policies will address the underlying issues driving inflation. There is a prevailing view that her intent is to mask the problem rather than tackle its root causes. They say systemic spending is intended to increase inflation and strain supply chains to increase government control.

People share personal anecdotes about the economic strains they face, particularly relating to high food and fuel prices. Statistics about rising living costs generate additional outrage, as people grapple with their financial realities, for which they blame Harris.

There are accusations that Harris is attempting to shift blame for ongoing inflation onto corporations rather than accepting accountability. People also attack her for shifting blame onto Biden and distancing herself from the administration—despite being the current vice president.

Accusations of her policies aligning with socialist tendencies further energize criticism, framing the discussion in a broader binary of capitalism versus socialism. This feeds into the overall narrative of Harris being a far-left left progressive who indulges in vices and is both incompetent and unfit.

On Aug. 15, Kamala Harris proposed providing up to $25,000 as a down payment for first-time homebuyers, creating significant online controversy. Voter conversations are polarized with support, skepticism, and outright criticism. Disagreements about addressing housing affordability and the current economic climate largely depend on political views.

Reactions to Subsidizing Down Payments

Support

Harris’s proposal for financial assistance for first-time homebuyers generates support within her base. They view the initiative as an essential and compassionate measure to address increased financial barriers to homeownership.

Mostly Democrats, this group argues assistance could alleviate significant upfront costs and increase access to housing for aspiring homeowners. Yet, the underlying sentiment also acknowledges persistent housing affordability issues under the Biden administration.

Optimistic Democrats praise Harris's vision to stimulate housing production. They talk about affordability, down payments, the housing crisis, inflation, taxes, financial burdens on Americans, and current economic policies.

Opposition

Critics of Harris's proposal say providing such financial aid would inevitably increase housing prices. This, they say, negates any supposed benefits of subsidizing down payments. This group discusses inflation, government intervention, and market distortion.

Some also criticize the specifics of the policy, saying it does not discriminate based on citizenship. This, many conclude, would mean illegal immigrants would be eligible for the home downpayment subsidy.

Kamala Harris wants to give $25,000 to illegal aliens to buy American homes. This will only further exacerbate the housing shortage in our country. It's a disgrace.

We should be making it easier and more affordable for American citizens to buy homes.

— JD Vance (@JDVance) August 16, 2024

Skeptics say an influx of funds for buyers increases demand pressure but does not increase supply. As a result, sellers would likely increase asking prices, proportionate to the government subsidy.

Doubts about the efficacy of providing taxpayer funds to first-time homebuyers compounds fear of inflation and the country’s broader economic situation. Critics say this excessively interventionist proposal would exacerbate existing financial burdens for everyone, rather than alleviating pressures for first-time buyers.

It’s Been Done Before

Many Americans doubt the feasibility of Harris's claims, with some calling it a "campaign lie." People ask questions like, "where is the money coming from?" and "government can't solve this" regarding housing affordability.

People worry that finding funding for very large $25,000 grants will increase taxes and worsen national debt. If this happens, low-income and working-class Americans would end up with a heavier burden, despite Harris’s assertions that her policies aim to assist them.

Much of the conversation discusses historical precedents and similar failed government interventions. Voters draw parallels between Harris's progressive proposals and past economic crises like the 2008 Great Financial Crisis. They caution against repeating previous mistakes of government intervention in the housing market.

Those who embrace free market economics say "artificially boosting purchasing power" leads to economic bubbles. They say the result would be long-term affordability issues rather than short-term solutions.

Stimulus Drives Inflation

Critics point to historical examples of government spending spurring increased inflation. Research from MIT shows government spending was a major cause of 2022 inflation spikes. The U.S. government's large-scale fiscal interventions during COVID are linked to heightened inflationary trends as they injected funds into the economy when demand was already recovering.

Many also worry about fraud which could end up exploiting the renter class. The fraud rate in government programs varies, but the Paycheck Protection Program (PPP) experienced notable fraud issues. Estimates suggest between 1% to 15% of PPP funds may have been fraudulently obtained. The speed at which the program was implemented and challenges in oversight during disbursement allowed for increased fraud.

In general, emergency and rapidly deployed funds are more susceptible to fraudulent claims. The exact fraud rate can depend on the specific program and preventative measures. However, fraud rates often rise to 10% in government programs.

Harris’s Economic Record with the IRA

Discussions about the Inflation Reduction Act (IRA) also highlight skepticism about its effectiveness. People say the IRA is largely responsible for recent inflation surges. Voters believe it exacerbated inflation. rather than reducing it. They say it was misleading in its goal and point out that Harris was the deciding vote to pass it.

A recurring theme in conversations is that excessive government spending drives inflation. Americans understand higher prices and financial strain on working families often comes from the government printing and spending money. There is also a growing cynicism toward establishment and government actions.

Many special view Harris’s policies as more about societal control than economic well-being. This housing subsidy proposal and Harris’s recent retail price control proposal often elicit accusations of communism.

However, despite rampant criticism, some still view the IRA as lowering prescription drug prices. This group tends to view it as positive, though acknowledging skepticism regarding the overall impact of the legislation.

MIG Reports analysis of online conversations about rising bankruptcy filings coincides with wider economic worries. Bankruptcies have surged by 16% over the 12-month period ending March 31, 2024. This indicates American conversations about economic, social, and political concerns are more than worries. Voters express economic distress, financial instability, and fear the impact of government policies on their livelihoods.

The recent 16% increase in bankruptcy is similar to rates seen at the end of 2023. In the prior four years, bankruptcies were at their highest during COVID lockdowns. Despite coming down for the next three years, bankruptcy filings are now increasing again. Many attribute this to economic mismanagement by the Biden-Harris administration.

• U.S. Courts data shows there were 467,774 new bankruptcy cases filed during the cited 12-month period, compared to 403,273 in the previous year.
• Business bankruptcies saw a significant jump of more than 40%, rising from 14,467 cases in 2023 to 20,316 in 2024.
• Non-business bankruptcies, which involve individuals, also increased by about 15%, from 388,806 cases to 447,458.

Families and Businesses are Struggling

Americans continue to grow more concerned about financial instability, including due to rising bankruptcy rates. Conversations mention the challenges families and small business owners face along with economic stress, financial insecurity, and debt relief.

The plight of small businesses, often cited as especially vulnerable to economic fluctuations, underscores broader concerns about market volatility and consumer behavior shifts.

Voters discuss the role of government policies, with many skeptical of the effectiveness of stimulus packages and economic recovery plans. Phrases like "too little, too late" and "lack of support" indicate a sense of frustration about the government’s meager responses to economic challenges.

Political accountability also emerges as a significant theme. Americans link the increase in bankruptcies to perceived failures in government leadership and economic management. Voters criticize “Bidenomics” and the Biden-Harris administration for its policies causing inflation, using terms like "government failure," and "poor leadership." This dissatisfaction leads to a broader call for reform and changed leadership.

The Mood is Sour on the Economy

The national emotional tone is one of anxiety, frustration, and skepticism. People feel overwhelmed and worried about their financial futures. They wonder how they will afford basic living costs, completely giving up on saving for the future or retirement. There is a sense of betrayal by the political establishment and those who continue to grow wealthier.

Anger and distrust coexist with smaller pockets of hope and resilience. Some conversations highlight a commitment to community support. Despite the larger economic struggle, Americans still talk about "supporting local businesses" and "community strength" reflecting a proactive attitude despite the challenging economic climate.

May Gallup reporting shows approximately 65% of Americans think U.S. economic conditions have worsened since 2020, and a similar amount have a negative perspective toward the future. MIG Reports analysis based on online conversations shows a similar 64.64% of Americans have reduced confidence in the U.S. economy.

• The -35 index rating in Gallup’s report means, on a scale of +100 to -100, sentiment leans negative.
• On a 1-100 scale, it translates to 65% reduced confidence—mirroring MIG Reports weighted analysis within 1%.

Voters Consistently Lack Confidence in the Economy

MIG Reports analysis uses online voter conversation volume regarding the U.S. economy along with sentiment tracking. In this weighted analysis, the aggregate confidence levels show:

• 64.64% of conversations express decreased confidence in economic prosperity
• 23.05% reflect a neutral stance
• 12.31% convey increased confidence

These figures highlight the prevailing skepticism and concern Americans feel about the U.S. economic trajectory. Only a minority of voters maintain confidence or have an optimistic view of the government's current economic management.

MIG Reports data also shows voter views are largely influence by the actions of the Biden-Harris administration—particularly the Inflation Reduction Act (IRA). Discussions that focus on confidence in economic prosperity are largely among Democratic establishment supporters.

The narrative emerging from these online conversations is one of serious concern about the economy. Most Americans are losing confidence in the economy, the government, and their own futures. While some still hold a neutral or positive outlook, most have become skeptical of the administration, calling for more effective economic governance.

Bidenomics is Decreasing Confidence

American doomerism on the economy stems primarily from rising inflation, increasing costs of living, and a belief in government mismanagement. Many voters believe the IRA has failed to alleviate the economic pressures they face. Instead, they say it has exacerbated inflation through increased government spending.

Conversations focus on "inflation," "rising costs," "spending," and "prices." People also direct frustration and anger at policies they view as disconnected from the public's interests. Sentiments such as "killing us without killing us" encapsulate the dire emotional mood around inflation’s impact on low-income households. This negativity further fuels widespread economic pessimism.

Some Say Hope is not Lost

The 23.05% of conversations which remain neutral on the economy express realism. These Americans acknowledge the challenges posed by inflation but recognize the potential benefits of government intervention.

One potential measure people mention is capping insulin prices and allowing Medicare to negotiate drug prices. However, many remain uncertain about the long-term effectiveness of such policies. This leads to a mixed feeling of hope and skepticism. This group focuses on "jobs," "investment," "energy," and "climate." They acknowledge the IRA's goals but have reservations about its implementation.

A Few Believe the Talking Points

The smallest percentage of Americans—12.31%—voices support for of the IRA and other government initiatives. They tout Biden-Harris success reports like job creation in the clean energy sector, lower healthcare costs, and efforts to rein in corporate power.

These conversations often use keywords like "success," "jobs," "lower costs," and "investment" to emphasize the positive impacts of the Biden administration's policies. Supporters argue these measures are instrumental in building a more resilient economy and improving the lives of middle-class families.

A recent Gallup poll of American approval regarding immigration levels from 1965 through the present determined:

• 55% of Americans today want immigration reduced
• 25% want immigration levels to stay the same
• 16% want an increase in immigration numbers.

MIG Reports analysis of voter conversations online not only confirm polling data but reveal why Americans hold their current perspectives on immigration

Weighted Analysis

MIG Reports analysis weighs total discussion volume and approval percentages of immigration preferences by calculating the influence of each group's preference—decreased, maintained, or increased immigration—across multiple data sets.

By considering both the percentage of preferences within each data set and the total discussion volume of each set, the analysis determined the overall weighted preference.

MIG Reports analysis shows:

• 56.50% of voters nationally favor decreased immigration
• 26.22% favor maintaining current levels
• 17.29% favor increased immigration
• Additionally, in swing states, around 70% of conversations favor reducing immigration.
• In national conversations about the presidential election, 60% favor reducing immigration.
  

Why a Majority Wants Reduced Immigration

The predominant preference in voters discussions favors decreased immigration. This is driven by a variety of concerns revolving around national security, economic stability, and public safety.

Many Americans voice deep apprehension about illegal immigration as a major threat to the country’s security and economic well-being. Voters talk about reducing or stopping illegal immigration because they believe:

• Illegal immigrants contribute to rising crime rates: Discussions mention gang activity and violent crimes linked to immigrant groups, particularly in urban areas.
• An open order exacerbates economic challenges: People discuss job scarcity and inflation, arguing the influx of illegal migrants strains public resources like social services, healthcare, and housing.

There is widespread frustration and distrust toward Biden-Harris immigration policies, which voters view as too lenient. People direct their anger toward Democrats who they believe have failed to secure the border. Discussions emphasize a sense of urgency and alarm, with many advocating for stricter controls and even mass deportation policies.

Reasons for Maintaining Immigration Levels

Around 25% of voters in MIG Reports data advocate for maintaining current levels of immigration. They emphasize the need for a balanced and structured approach to the border. These voters typically argue that, while reforms may be necessary, a drastic reduction in immigration is not the solution.

Immigration advocates point out the importance of legal immigration pathways, highlighting the contributions of immigrants to the economy and society. They focus on the value of diversity and the critical role immigrant workers play in the economy. Here, they mention industries that rely heavily on labor from immigrant populations.

There is also a strong humanitarian element in these discussions. Voters want asylum seekers to have human rights protections. They argue a well-regulated immigration system can benefit the country by bringing in individuals who contribute positively to communities and the economy. Sentiments in this group are generally more optimistic and focused on the potential for policy reforms that balance security concerns with the need for inclusivity and economic growth.

A Minority Want Increased Immigration

The smallest segment of Americans supports increasing immigration levels. This view is driven primarily by humanitarian concerns and the belief in the positive impact of diversity. Often progressives and libertarians, this group focuses on America's moral and ethical responsibility to provide refuge to those fleeing persecution and violence.

Increased immigration proponents say the United States, as a nation built on immigration, has a duty to welcome those seeking better lives and to support their integration into society. They also emphasize the economic benefits of immigration, particularly the need for a growing workforce to sustain economic growth and address labor shortages in certain industries.

Advocates point out immigrants bring a wealth of skills, perspectives, and cultural richness which contributes to the vitality of the nation. Discussions include calls for comprehensive immigration reform that expands opportunities for legal immigration and strengthens support systems for newcomers. The tone in this group is often one of compassion and a belief in the long-term benefits of a more open and inclusive immigration policy.