Democrats Lead on the Economy as Voters Say They Are Worse Off Under Trump

📡 Financial Times · 1 min read ·
A new Financial Times poll reveals a stark shift in public sentiment just months before the US midterm elections: a majority of American voters now say they are financially worse off under President Donald Trump. This dissatisfaction has handed Democrats a clear advantage over Republicans on the economy, a topic that traditionally favors the incumbent party. The survey shows that voters trust Democratic candidates more than their Republican counterparts to handle economic issues. This marks a significant reversal from previous cycles, where Republicans often held a perceived edge on fiscal management. The change comes as households continue to grapple with persistent inflation and rising costs for everyday goods. According to the poll, the "worse off" sentiment is not limited to one demographic. It spans across key voting groups, including independents and suburban voters, who are often decisive in midterm elections. While the president’s approval rating on other matters remains mixed, the economic anxiety appears to be a driving factor in the upcoming vote. Analysts note that while the overall unemployment rate remains low, the gap between macroeconomic data and personal financial experience is wide. Voters are focusing on their own grocery bills and rent, rather than stock market indices. This disconnect is fueling the Democratic lead and creating a challenging environment for Republican candidates on the campaign trail. With control of Congress at stake, the poll suggests that economic messaging will be central. Democrats are expected to hammer home the "worse off" statistic, while Republicans will likely pivot to other issues, such as border security and crime, to rally their base. The outcome in November, however, may hinge on whether voters continue to feel the pinch in their wallets.