logo
Guess who Americans want to run the economy? Hint: It's not Democrats.

Guess who Americans want to run the economy? Hint: It's not Democrats.

USA Todaya day ago

Guess who Americans want to run the economy? Hint: It's not Democrats. | Opinion President Donald Trump has upended decades of economic policy. Yet, the economy remains strong and shows signs of fresh growth. That's a remarkable feat.
Show Caption
Hide Caption
Will AI replace your job? Which occupations are most at risk
A recent study on artificial intelligence highlighted which jobs are at risk of being replaced by AI in the near future.
unbranded - Lifestyle
Despite an onslaught of negative news about tariffs, volatile stock markets and the deficit-expanding One Big Beautiful Bill Act, Americans by a significant margin still say it's Republicans, not their progressive critics, who are best able to manage the U.S. economy.
A new CNN poll found that voters favor the GOP over Democrats on key measures such as the ability to get things done (17 percentage points in favor of Republicans), the party of change (7 point advantage) and the party closer to their economic views (7 point GOP lead).
"This speaks to Democratic problems on the economy better than basically anything that you could possibly look at," CNN's chief data analyst Harry Enten said about the poll.
Republicans' advantage on the economy comes as no surprise to conservatives like me. Donald Trump's focus on the economy is largely why Americans elected him president again.
Economy shows signs of strength
In less than five months, Trump has upended decades of economic policy. Yet, the economy remains strong and shows signs of fresh growth. That's a remarkable feat.
On CNN, Enten described the Republicans' advantage over the Democrats on the economy with skepticism: 'How is that possible, Democrats? How is that possible after all the recession fears, after the stock markets been doing all of this, after all the tariffs that Americans are against, and Republicans still hold (a) lead on the economy. Are you kidding me?"
News reports and commentary from many mainstream news media outlets continue to describe an economy in distress, but actual economic markers indicate otherwise.
Opinion: Trump tax bill is too expensive. GOP needs to make deep spending cuts.
Here are a few data points:
The Consumer Confidence Index jumped more than 12 points in May.
The Consumer Price Index showed the rate of inflation in April was only 2.3%, the third consecutive monthly decline under Trump. The pace of 12-month price increases hasn't been this low since February 2021.
Stock markets have rebounded after Trump's tariffs sparked fears of a recession this spring. The S&P 500 recorded its best May since 1990.
The job market also remains strong. The Bureau of Labor Statistics reported that about 177,000 jobs were created in April, and that the unemployment rate stands at 4.2%, which is low by historical standards.
My favorite part of the jobs reports is these amazing four words: "Federal government employment declined." Music to my ears.
Americans still recovering from high inflation
Americans don't trust the Democratic Party on the economy for many reasons, but the primary one is how the Biden administration's policies fueled painful spikes in the cost of necessities, including food, housing, gas and autos. Under President Joe Biden, the rate of inflation hit a 40-year high in 2022.
The inflation rate has slowed considerably, but millions of Americans still feel the daily strain of the higher cost of living.
Opinion: Biden's cancer diagnosis raises the question: Was he ever in good enough health?
Democrats, including 2024 presidential nominee Kamala Harris, offered few viable solutions. Harris showcased economic plans that were a pile of steaming socialist garbage as a way to pander to voters.
Remember when Harris blamed the high cost of groceries on price gouging? She wanted to ban it. No thanks.
She also wanted to hand out down payments to homebuyers like candy to children − at a huge cost to the American taxpayer. No thanks.
She even promised to pass out "forgivable" loans for Black men to start businesses. And in an ugly mix of pandering and stereotyping, Harris said she planned to ensure that Black men had the opportunity to buy in as the 'national cannabis industry takes shape.' No thanks.
It's no wonder that the Democrats have lost support among middle-class Americans.
"Republicans have completely closed the gap" with middle-class voters, Enten said on CNN.
The middle class has shifted toward the Republican Party because conservative economic principles − smaller government, lower taxes, deregulation − help everyday Americans earn and keep more money. Small businesses, the backbone of America's economy, will especially benefit from the tax cuts in Trump's One Big Beautiful Bill Act.
Americans have learned the hard way not to trust congressional Democrats with the economy. They're now turning to Republican lawmakers to foster growth and prosperity. They're right to do so.
Nicole Russell is an opinion columnist with USA TODAY. She lives in Texas with her four kids. Sign up for her newsletter, The Right Track, and get it delivered to your inbox.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Russian drones and missiles target Ukrainian city of Kharkiv
Russian drones and missiles target Ukrainian city of Kharkiv

Yahoo

time28 minutes ago

  • Yahoo

Russian drones and missiles target Ukrainian city of Kharkiv

A large Russian drone and missile attack has targeted the city of Kharkiv in Ukraine, killing at least three people and injuring 21, local Ukrainian officials said. The Russian barrage – the latest in near daily widescale attacks by Moscow – included deadly aerial glide bombs that have become part of fierce Russian attacks in the three-year war. Kharkiv's mayor Ihor Terekhov said the attack also damaged 18 blocks of flats and 13 private homes. Citing preliminary data, he said Russia used 48 Shahed drones, two missiles and four aerial glide bombs in the attack. The intensity of the Russian attacks on Ukraine over the past weeks has further dampened hopes that the warring sides could reach a peace deal soon – especially after Kyiv recently embarrassed the Kremlin with a surprising drone attack on military airfields deep inside Russia. The attack also came after US President Donald Trump said his Russian counterpart, Vladimir Putin, told him Moscow would respond to Ukraine's attack on Sunday on Russian military airfields. It was also hours after Mr Trump said it might be better to let Ukraine and Russia 'fight for a while' before pulling them apart and pursuing peace. Mr Trump's comments were a remarkable detour from his often-stated appeals to stop the war and signalled he may be giving up on recent peace efforts.

Russia won't let Ukrainian forces rest until Putin's demands are met – Russian deputy foreign minister
Russia won't let Ukrainian forces rest until Putin's demands are met – Russian deputy foreign minister

Yahoo

time28 minutes ago

  • Yahoo

Russia won't let Ukrainian forces rest until Putin's demands are met – Russian deputy foreign minister

Russian Deputy Foreign Minister Sergei Ryabkov has stated that Moscow will not allow the Armed Forces of Ukraine to "use any pause to rest and regroup" without "eliminating the root causes of the conflict". Source: Ryabkov in an interview with Kremlin-aligned Russian news agency TASS Details: Ryabkov emphasised that US President Donald Trump's return to the White House has become a "reason for cautious optimism" in Russia regarding the normalisation of relations with the United States. He said that Russian leader Vladimir Putin during phone conversations with Trump "confirmed the basic directive on the necessity to eliminate the root causes of the conflict within the framework of political and diplomatic efforts". Ryabkov noted that if the Kremlin's conditions are not met, Russia will act to prevent the Armed Forces of Ukraine from taking advantage of "any pause to rest and regroup". According to him, the Kremlin's position is well known to Washington and threats of sanctions will not change it. "It is strange that hotheads in the US Senate, who have lost their last remnants of common sense, are ignoring this reality. We will continue efforts to achieve the objectives of the special military operation [Russian propaganda term for the war in Ukraine – ed.]. Thus, the decision and the choice are up to Washington, up to Trump," Ryabkov concluded. Background: On 3 June, Dmitry Medvedev, Deputy Chairman of Russia's Security Council and former president of the Russian Federation, declared that the true purpose of the so-called peace talks with Ukraine in Istanbul is to ensure Russia's swift and complete victory. Support Ukrainska Pravda on Patreon!

Russian drones and missiles target Ukraine's eastern city of Kharkiv, killing 3, officials say
Russian drones and missiles target Ukraine's eastern city of Kharkiv, killing 3, officials say

Yahoo

time28 minutes ago

  • Yahoo

Russian drones and missiles target Ukraine's eastern city of Kharkiv, killing 3, officials say

KYIV, Ukraine (AP) — A large Russian drone-and-missile attack targeted Ukraine's eastern city of Kharkiv on Saturday, killing at least three people and injuring 21, local Ukrainian officials said. The Russian barrage — the latest in near daily widescale attacks by Moscow — included deadly aerial glide bombs that have become part of fierce Russian attacks in the three-year war. Kharkiv's mayor Ihor Terekhov said the attack also damaged 18 apartment buildings and 13 private homes. Citing preliminary data, he said Russia used 48 Shahed drones, two missiles and four aerial glide bombs in the attack. The intensity of the Russian attacks on Ukraine over the past weeks has further dampened hopes that the warring sides could reach a peace deal anytime soon days — especially after Kyiv recently embarrassed the Kremlin with a surprising drone attack on military airfields deep inside Russia. The attack also came aftert U.S. President Donald Trump said his Russian counterpart, Vladimir Putin, told him Moscow would respond to Ukraine's attack on Sunday on Russian military airfields. It was also hours after Trump said it might be better to let Ukraine and Russia 'fight for a while' before pulling them apart and pursuing peace. Trump's comments were a remarkable detour from his often-stated appeals to stop the war and signaled he may be giving up on recent peace efforts.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store