Economic Sentiment is Low, Driving Voters to Trump
November 02, 2024Key Takeaways
- Economic discussions show dissatisfaction with housing, inflation, and overall economic concerns.
- Americans feel the weight of rising costs, skepticism about government transparency, and call for prioritizing citizens over migrants.
- Other political issues like immigration are connected to the economy with many viewing them as influencing each other.
Our Methodology
Demographics
All Voters
Sample Size
79,570
Geographical Breakdown
National
Time Period
7 Days
MIG Reports leverages EyesOver technology, employing Advanced AI for precise analysis. This ensures unparalleled precision, setting a new standard. Find out more about the unique data pull for this article.
American feelings about their wallets are dismal, with constant discussions about the economy, inflation, and housing prices. There is unrelenting frustration and discontent with voters online as people tie the direction of the country to dissatisfaction with Biden and Harris. They want change, strained by daily financial pressures and perceptions of governmental inadequacy.
🚨 CNN ANALYST: Just 28% of Americans think the U.S. is on the right track. The incumbent party usually loses when that number nears 25%, and wins when it is near 42%. This is a bad sign for Kamala Harris. pic.twitter.com/tCbXkPLihD
— Eric Daugherty (@EricLDaugh) October 4, 2024
Can’t Afford a Home
Americans are dismayed over unaffordable living costs, tying these issues to political decisions and low housing supply—due in part to the massive influx of illegal immigrants.
Voters particularly critique policies in urban areas where prices are highest. The government's focus on broader political rivalries over actionable housing solutions angers Americans struggling to live comfortably.
Many say illegal immigration is exacerbating housing scarcity, calling for leaders to prioritize Americans. Voters want American citizens to benefit from housing initiatives instead of "overly accommodating" migrant populations.
🚨🚨🚨Tim Walz Approved an Immigrant Down-payment Assistance Program in Minnesota.🚨🚨🚨 SAME NGO that used Oregon tax dollars to give 30k to undocumented migrants.
— Breeauna Sagdal (@Breeauna9) October 31, 2024
The Minnesota CDC, similar to Hacienda CDC of Oregon, will cap down-payment assistance at 32k for first-generation… pic.twitter.com/RwICfEq3RO
Biden-Harris Didn’t Pan Out
Inflation is another focal point, with significant distress over soaring costs for essentials like food, housing, and energy. While some view the Inflation Reduction Act as a win for affordable healthcare, most perceive it as insufficient in the face of steep price increases.
Biden-Harris economic policies are largely under scrutiny, with critics linking the current inflationary environment directly to their policies. Voters suggest socialistic-leaning policies are hurting market forces.
Trump supporters juxtapose their financial situations today with the more successful Trump-era economic strategies. They want stability and lower inflation, even if they don’t like Trump for other reasons.
Left Behind
Economic issues as a whole encapsulate voter dissatisfaction. People discuss the allocation of federal funds and government spending priorities as hurting Americans.
Many citizens express disbelief over the amount of aid directed toward international conflicts, like Ukraine, while domestic needs are ignored. They voice frustration over high living costs and federal funds disproportionately benefiting illegal aliens. This stokes resentment around issues like entitlement sustainability and local infrastructure.
Voters critique the Biden-Harris administration's lack of transparency and responsiveness, with calls for policies that genuinely support the middle class. Social media discussions often echo Trump’s calls to shift from income tax to tariffs as a way to alleviate the working class's financial burden.
This level of economic unease indicates that Americans are dissatisfied and highly motivated as they consider alternative policy directions for the nation’s financial future.