Donald Trump is hitting record lows

Help keep Palmer Report free: Donate $5 or $25 here

Donald Trump getting elected makes a bit more sense when you look at it from a global perspective – something that you inevitably have to do when it comes to topics like the economy – where the US’ recovery from worldwide inflation after the pandemic actually looks significantly better compared to the rest of the world. Donald Trump was elected, like many other world leaders, at a time when voters around the world also voted against the incumbent party, and he was elected at a much closer margin than average – simply because people remember how much better off they were before the pandemic hit. They naively thought they would have portfolios and 401k’s worth what they were in 2017 or 2018 while Trump would bluster on about nonsense like he always does – and the economy, which he inherited from President Obama would continue to thrive.

That was never going to happen, of course – particularly as the economy is taking some downturns already – and it’s pretty hard for Donald Trump to distance himself from it this time. That’s why he’s already doing a reversal on inflation, despite the fact that inflation tripled – or the fact that he campaigned on fixing it. While his approval ratings have taken a fall, probably the worst possible number for Trump and the GOP who need to run for reelection next year: 59% of Americans say the economy is getting worse.

To put that in perspective, 53% of people polled at this time in 2017 said that the economy was good and getting better, while that number currently stands at 20%. We’re not even 100 days in and Trump’s economic numbers are at a record low, while poised to end up being much, much worse in the months to come. It’s a sobering reminder of why those of us who worked hard to elect Kamala Harris did so – that Trump and the GOP are terrible for the economy.

Help keep Palmer Report free: Donate $5 or $25 here