A new poll has revealed a dismal view of Donald Trump’s economic policies, with many Americans expressing concerns about their financial futures. The University of Michigan’s consumer sentiment survey shows that U.S. households are increasingly worried they will be financially worse off in a year compared to now.
The survey found that over half of respondents expect unemployment to rise in the next 12 months, and nearly 40% associate Trump’s tariffs with unfavorable economic outcomes. Despite some optimism about their own incomes, consumers remain concerned about inflation, which is trending in an unfavorable direction.
The report noted that only 16% of respondents expect their income gains to outpace inflation, highlighting a growing concern among Americans about the trajectory of prices. This sentiment could lead people to hold onto their dollars as fears of a recession intensify, potentially impacting consumer spending and economic growth.
Source: https://newrepublic.com/post/193328/donald-trump-economic-policies-poll