More Americans think the economy will do better under former President Trump than Vice President Harris new researcheven though many economists have said they expect higher inflation and slower growth under the Trump administration.
A Bankrate poll released Tuesday found that 42% of Americans say Trump is the better choice for personal finances and inflation, and 45% also say Trump is the “best choice for the economy.” Ta.
In contrast, 38 percent of respondents said Harris was a better choice for their personal finances. Forty percent of those surveyed also supported him on the economy, and 39% said he would be the best candidate on the inflation front.
“Since her start as a presidential candidate, Vice President Harris has moved quickly to introduce herself to the American people in a more substantive way, differentiating herself to some extent from President Joe Biden and to some extent from former President Trump.” to a greater degree,” said Mark Hamrick, senior economic analyst at Bankrate. “It's still a work in progress.”
The results follow a survey published by the Wall Street Journal showing that economists expect the agenda proposed by Mr. Trump to increase inflation, the national deficit and interest rates more than the policies proposed by Ms. Harris. It's based on results.
The survey found that 68% of respondents said they thought inflation would rise faster under Trump's second term than under Harris, a survey the same media asked in July. This is an increase of 12 percentage points from the previous year.
Additionally, 65% of economists said they believe Trump's policies will further increase the nation's deficit compared to Harris' agenda. The figure was up 14 points from the Journal's July survey.
In Bankrate's latest poll, the company also notes a correlation between people's preferred candidates and their thoughts on the economy.
Respondents who supported Trump for personal finances were much more likely to think the economy was heading in the wrong direction, but most respondents who supported Harris for personal finances also He believed the economy was heading in the right direction.
Overall, more Americans (41%) say they think inflation is the biggest issue when considering the next presidential election. The next biggest issues were health care costs at 14%, affordable housing at 11%, and jobs and government spending at 8% and 7%, respectively.
