POLL: Donald Trump is Surging in Swing States Due to Americans’ Economic Anxieties
According to a poll conducted by both Bloomberg News and Morning Consult, voters in 7 swing states are being pummeled by rising prices for basic household items.
Such a development does not augur well for President Joe Biden’s re-election chances. Former President Donald Trump has taken advantage of this economic underperformance to position himself as the better economic option in the 2024 presidential election cycle.
Three out of four swing state respondents have indicated that prices have increased over the last month. This has come at a time when inflation has also been rising. According to official figures, inflation climbed upward by 0.4% in September from the month prior.
In a similar vein, prices grew by 3.7% over the last year.
According to the poll, voters trusted Trump, the favorite to win the Republican Party nomination in 2024, to tame the cost of everyday goods and services more than Biden by a margin of 12 percentage points. The gap was more pronounced for independents, who will play a critical role in deciding the outcome of the 2024 presidential electrons.
“Everything is colored by the higher cost of living,” said Mark Zandi, chief economist at Moody’s Analytics, who discovered that the average American household spends roughly $730 a month more than in 2022. “It’s as simple as that. People are spending a lot more on everything — especially food, gas and rent — than they were a year ago.”
Trump leads Biden 47% to 43% among voters in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin, per the poll. Trump was trusted more on economic matters by 49% of swing state voters polled, compared to 35% for Biden. Furthermore, half of the poll respondents signaled that the president’s economic package marketed as “Bidenomics” is bad for the country. Respondents also said they put more faith in Trump than Biden on other economic issues, which includes the stock market, interest rates, and taxes.
About 80% of women, a critical voting demographic, indicated that the economy is going down the wrong path. Other groups that aren’t satisfied with the economy include non-union households, blue-collar workers, and non-college educated voters. As for white voters, 23% indicated that the economy is going in the right direction.
For achieving economic sanity, Trump is the obvious choice in the 2024 presidential election. While he’s not perfect, a Trump presidency offers the best chance for the US to bounce back economically and continue being the world’s sole economic superpower.