A new survey from CNBC shows that Americans are highly optimistic about the economy and strongly support for President Donald Trumpâs economic agenda.
The âCNBC All American Surveyâ recorded the highest level of economic optimism in its 10 year existence. Thirty-eight percent of the public say the economy is good or excellent, a four point improvement from December. Forty percent expect the economy to improve over the next year, which is close to the record set in 2010âwhen the economy was in truly dire straits.
The survey also shows overwhelmingly strong support for Trumpâs plans to improve Americaâs infrastructure, cut taxes, and renegotiate trade deals. Â Nearly 75 percent of Americans approve of Trumpâs infrastructure improvement plans, with just around 10 percent disapproving. More than 60 percent of the public endorse plans to cut individual taxes, with just over 20 percent opposing. Renegotiating trade deals is favored by 58 percent of the public, and opposed by just over 25 percent.
Reducing taxes also wins the approval of most Americans, but it generates opposition from over a third of the public. Cutting business regulations has an approval rating in the high forties, and a disapproval rating in the mid-thirties.
The results on trade show that while Americans are divided over the benefits of free tradeâ34 percent say it helps the U.S. and 31 percent say it hurtsâthey arenât divided on the presidentâs efforts to strike better trade deals. According to CNBCâs Steve Liesman, even Americans who like free trade say they approve of those efforts.
Fifty-one percent of Republicans say that they want their party to âwork to pass Trumpâs agendaâ rather than âhold the line on conservative positions.â Democrats divide nearly evenly on whether their party should compromise with the president.
The presidentâs personal popularity is far weaker than his economic agenda. Just 39 percent say they approve of how he is doing his job, compared with 48 percent who disapprove, and 13 percent who said they donât know or were unsure.
One reason for this may be that many of the most public actions taken by the Trump administration have been in areas where public support is weaker. Nearly half of Americans say they disagree with the Trump administrationâs attempt to replace Obamacare. Â The border wall also divides Americans, with slightly more Americans opposing it than supporting it, according to the CNBC survey. Efforts to rollback some of the Obama administrationâs policies on climate change also have more opposition than support.
The survey is not perfect. Itâs results show that nearly half of Americans oppose Trumpâs âImmigration Ban,â when there was no ban on immigration. Instead, the administration tried to put in place a temporary halt on travel from certain countries. Perhaps the actual question asked, which CNBC has not released, was less contentious.
Source: Breitbart