President Donald Trump's economic policies appear to be resonating with the American public as recent polling data indicates a rise in his approval rating. The Daily Mail and J.L. Partners poll shows an increase from 45% to 47% within a two-week span, a shift that is attributed to a series of positive economic developments. Americans have reported relief from stabilizing prices, a surge in consumer spending, and a significant drop in gas costs, all of which have lessened the financial burden on families nationwide.
As the nation approached the Thanksgiving holiday, consumer behavior reflected a newfound confidence in the economy. Adobe Analytics reported that online shopping during the holiday weekend reached a staggering $44.2 billion, setting new records for both Black Friday and Cyber Monday. This upsurge in spending is a robust indicator that consumer confidence is rebounding under the Trump administration.
Further contributing to the sense of economic relief is the decline in gasoline prices, now below $3 a gallon for the first time in four years, according to the American Automobile Association (AAA). The current national average presents a stark contrast to the elevated prices experienced under the previous administration, when inflation and energy costs escalated sharply.
Economic analysts have pointed to the U.S.'s strongest Gross Domestic Product (GDP) performance since the third quarter of 2023 as evidence of the economy's vigorous momentum, largely driven by consumer spending in an environment where costs are on a downward trend. This is particularly evident in the realms of fuel and energy.
The White House has been vocal about President Trump's aggressive economic strategy, arguing that the so-called "affordability crisis" was a fabrication of the Democrats, with Republicans now tasked with remediation. President Trump has been quoted by the Daily Mail as saying that "affordability is a Democrat scam," laying the blame for higher costs on the policies of his predecessor rather than on Republican leadership.
In response to the economic challenges, President Trump has implemented a series of measures aimed at reducing costs for Americans. Notably, he has cut environmental regulations on gas emissions set during the Biden administration, leading to a decrease in energy prices. He also introduced TrumpRx, a new approach to drug pricing designed to eliminate middlemen and lower prescription medication costs.
Additionally, President Trump has advocated for a tax cut package that will reduce taxes on tips, overtime pay, and Social Security earnings starting in the next fiscal year. Despite a disapproval rating of 53 percent, the upward trend in his approval rating suggests that more Americans are acknowledging the tangible outcomes of his policies over political rhetoric.
With more disposable income remaining in the hands of working Americans, the President's message to voters is clear: the financial relief they are experiencing in various sectors, from fuel to pharmaceuticals to retail, is a direct result of Republican policies that prioritize consumer interests. As the holiday season progresses, millions of Americans are beginning to see the fruits of the economic recovery promised by President Trump.
