Voters overwhelmingly trust Republicans to manage the economy, a new poll ahead of this year’s midterm elections suggests, while
Roughly 52% of voters said that they trust Republicans to manage the economy, compared to 38% for Democrats, while only 1% of respondents said they agreed with the proposals of both parties to manage it, according to a poll conducted by the Times and Siena College, which measured the relative strength of both parties in advance of the election scheduled on Nov. 8. The economy has been the most important issue to voters heading into the polls; in a July edition of the same NYT/Siena poll, 20% called it the “most important problem facing the country today,” while roughly 76% said that it would be “extremely important” to them as they vote.
Democrats have sought to focus their campaign narrative on social issues such as abortion in the wake of Roe v. Wade’s overturning by the Supreme Court, as well as gun regulations following mass shootings across the country over the summer.
However, efforts to place social issues at the forefront of voters’ minds do not appear to be working. The NYT/Sienna poll revealed that voters consider economic issues more important to their voting decision than social issues, by an 18-point margin.
The polls come at a time of bad economic news for the Biden administration before November’s election. The White House recently released an economic blueprint listing its various accomplishments, with President Joe Biden holding a series of events to highlight the “Inflation Reduction Act,” a massive spending package that his administration had proposed to the Democratic-controlled Congress.
REUTERS: 🇺🇸 household wealth fell by a RECORD $6.1 trillion in Q2 2022
Nasdaq declined by 26.16%
S&P 500 declined by 18.15%
Bitcoin declined by 57.34%
30 Year Fixed Mortgage Rate:
Jan 2021: 2.65%
Sep 2022: 6.28%
Jan 2021: 1.4%
Sep 2022: 8.3% pic.twitter.com/NHC9IqkVNl
— InteractivePolls (@IAPolls2022) September 16, 2022
The Consumer Price Index, an aggregate measure of inflation, increased by 0.1% from July to August, though tempered by reductions in the price of gasoline even as food costs rose, according to the Bureau of Labor and Statistics. The news poorly affected stock markets over the week, with the Dow Jones Industrial Average falling by 1,600 points beginning Monday, closing for the week at 30,841.05 points.
There was some good news for Democrats, who currently control Congress and the White House. Between July and September, the number of voters who believe the country is “heading on the right track” increased modestly, from 27% to 50% for Democrats, and 9% to 27% for independents; however, 53% expressed disapproval of Biden’s performance in office.
The poll surveyed 1,399 registered voters nationwide from Sept. 6 to 14, 2022, its margin of sampling error was +/- 3.6 percentage points.
How many of the 38% Dem voters surveyed were still in the cemetery?
I fail to see how anyone could trust the Dems to manage the economy after all the money they spent. That is their cure for everything. Spend more money. I understand that the economy works that way but they have done nothing to really help our economy. Look at the withdrawal from Afghanistan. Look at what gasloine prices did after he took over. Biden is giving our oil reserves away, spending billions on rediculous issues and America is not benefiting from any of it. If the Dems get back in in November, we can expect more of what is going on now rather than a reversal and it will not be good. Hopefully, if in November we get Congress back, things will turn around and they will bring America back and hold all of these people accountable for their actions. I know, it’s a lot to ask.