Younger Americans more positive about economy after Trump’s win

by Dillon Burroughs

Photo: Alamy

Younger Americans are more positive about the economy following President Donald Trump’s election win, according to a new study from The Economist and YouGov.

Among voters aged 18 to 29, the survey also showed increased optimism about their personal financial prospects in the coming year.

“Vice President-elect Vance’s favorability rating among 18 to 29-year-olds jumped to 43 percent, with his disapproval rating slipping to 31 percent. In the final October poll from YouGov and the Economist, just 31 percent of younger voters said they had a favorable view of Vance, and 48 percent said they had an unfavorable view,” Breitbart News reported.

“President-elect Trump’s popularity with younger votershas also surged. In the latest poll, taken between November 17 and 19, 57 percent of young voters say they have a favorable impression of Trump, with 38 percent having an unfavorable view. In the poll taken between October 26 and the 29, Just 38 percent rated Trump favorably, and 58 percent rated him unfavorably,” it added.

Among lower-income Americans, favorability toward both Trump and Vance has risen. For those earning under $50,000 annually, Vance’s favorability increased to 40 percent from 33 percent, while his unfavorable rating dropped from 46 percent to 38 percent.

Trump’s favorability among this group climbed to 50%, up from 33% in October, though his disapproval remained at 46%. Trump’s popularity has also gained traction among Democrats, from only 6 percent before the election to 14 percent in the study.

Voters across all income groups are also less pessimistic. Among those earning under $50,000, the share who think the economy is worsening fell from 46 percent to 40 percent. Among those earning between $50,000 and $100,000, pessimism dropped from 56 percent to 36 percent, and among higher earners, the percentage of pessimists fell from 39 percent to 24 percent.

The attitudes reflect Trump’s plan shared during the first day of the Republican National Convention (RNC) in July.

“During the first Trump administration, America experienced an unprecedented economic boom. President Trump’s America First economic policies slashed cumbersome regulations, cut tax rates, and reworked trade deals to create a fairer playing field for American industry and workers,” the Trump campaign stated.

“Under the Biden-Harris administration, all of this progress has stalled or reversed – real wages for American workers are lower than before Biden took office, meanwhile inflation and high energy prices thanks to the Biden’s Green New Deal-inspired, anti-drilling agenda have made everyday life unaffordable for working-class Americans,” it added.

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