The Economy: Americans are Clinging to Hopes of Trump

October 03, 2024 The Economy: Americans are Clinging to Hopes of Trump  image

Key Takeaways

  • Economic discussions overwhelmingly favor Trump’s fiscal and leadership approach over Harris’s, particularly on inflation and government spending.
  • Many view the Biden-Harris administration as out of touch with the middle class, focusing too heavily on foreign aid and burdensome tax policies.
  • Discourse consistently ties economic dissatisfaction to the leadership contrast, with Trump positioned as a pragmatic, business-oriented alternative.  

Our Methodology

Demographics

All Voters

Sample Size

175,000

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. 

MIG Reports analysis of voter sentiment on economic issues shows a clear pattern: Trump > Harris. Across numerous samples and economic topics, Americans voice their strong preference for Donald Trump’s policies and leadership.

Inflation

Inflation remains a central point of frustration, with 55% of voters in the MIG Reports sample favoring Trump’s policies. They cite his administration's ability to maintain lower costs of living and greater community safety. In contrast, only 18% expresses support for how Biden and Harris handle inflation, while 27% remain uncertain or neutral.

America First

Government spending draws even stronger criticism toward Democrats. While 65% support Trump’s fiscal policies, only 14% back Biden-Harris spending strategies. Many accuse the administration of prioritizing foreign aid over domestic needs. Sentiment is particularly strong in discussions of the misallocation of taxpayer dollars and recent government responses to Hurricane Helene. Americans are frustrated that economic assistance is sent liberally abroad while middle-class hardships remain unaddressed.

Taxation

Taxation is another hot topic, with 60% preferring Trump’s tax cuts, especially for the middle class and businesses. Only 20% view Harris’s proposed tax increases favorably. Skepticism runs high, with many believing the tax plans would burden the middle class further rather than provide relief.

Open Border Effects

Illegal immigration continues to dominate the economic discourse, with 55% arguing lax border policies under Biden and Harris exacerbate job competition and strain public services. Only 12% support the administration’s approach to immigration, and 33% are uncertain about its economic impact.

Executive Leadership

Leadership emerges as a stark contrast between the candidates, with 70% voicing confidence in Trump’s leadership on the economy. People view him as a more pragmatic and business-oriented leader. In contrast, only 15% support Harris’s leadership, with many criticizing her as disconnected from the economic struggles of everyday Americans.

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