Trump Voters Attribute Economic Responsibility to Current Administration
A recent survey indicates that voters who backed Trump in the 2024 presidential election tend to view their economic situation as more a result of current policies than those from the previous administration.
According to the latest polls by Wall Street Journal/YouGov, 46% of Trump supporters believe the current president deserves credit for the state of the economy, while 34% still attribute it to former President Biden. Interestingly, 13% expressed uncertainty, and 8% refrained from taking a side.
In contrast, a significant 75% of supporters for former Vice President Harris in 2024 hold Trump accountable for the current economic climate, whereas only 14% believe Biden is responsible. A small portion, just 6%, thinks neither played a role.
On a broader scale, 55% of Americans attribute economic credit to Trump, while 23% assign it to Biden.
This polling comes at a time when financial markets have shown notable improvement, despite businesses facing ongoing uncertainty regarding Trump’s tariffs. Additionally, the ADP National Employment Report revealed that June marked the first monthly decline in private sector employment in over two years.
Previous research from early May showed that Trump voters were more inclined to praise his economic management, with 55% expressing support compared to 32% for Biden.
Interestingly, even more Harris voters suggested that Trump bears greater responsibility for the current economic conditions.
In terms of National polls, slightly fewer Americans—51%—attribute economic responsibility to Trump, while 28% say Biden should take the blame.
This polling period followed Trump’s announcement of tariff changes that seemed to have a significant impact on the stock market. In late April, he noted on Truth Social, “This is not Trump’s stock, it’s Biden’s stock market.”
Respondents were asked whether they agreed with this sentiment across both polls, though specific Trump identification wasn’t clarified.
In an earlier poll, 41% of Trump voters agreed with the statement while 36% disagreed.
The most recent survey found that as the stock market hits record highs, 46% of Trump’s supporters disagreed with the notion that the current market reflects Trump’s influence, while 29% agreed, and another 26% remained unsure.
The Wall Street Journal/YouGov survey, conducted from June 17 to 20, encompassed 1,034 US adults and carries a margin of error of 4.2 percentage points.
