Monday, 31 August 2026 The Independent Journalist · Fact-based reporting Edition: India
The Independent Journalist

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"Wallets Hurting, Inflation Squeeze!" Over 50% US Voters Say They Are Worse Off Under Donald Trump in Shocking Financial Times Poll!

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In a major political setback for the White House, a nationwide survey conducted by the Financial Times and nonpartisan research firm Focaldata revealed that a majority of American voters believe their personal financial condition has deteriorated since Donald Trump returned to office. 53% of registered voters stated that they feel financially worse off under the Trump administration, with nearly two-thirds of respondents warning that the US economy is heading in the wrong direction.

The survey highlights that persistent cost-of-living pressures, stubborn inflation (which stood at 3.4% in July), and declining real wages are taking a heavy toll on everyday household budgets. Trump’s handling of inflation and daily expenses received a severe 64% disapproval rating, with economic frustration cutting across political lines-disapproved by nearly 70% of independent voters and nearly one-third of Republicans. Overall, 55% of respondents disapproved of the President's general job performance, while his net approval rating within his own party dropped by 8 percentage points over the past month.

With the November midterm elections approaching, this economic anxiety has handed the Democratic Party an advantage, leading Republicans 44% to 39% on voter preference and outperforming them on key issues like jobs, inflation, and living costs. While White House officials defended the administration's record by pointing to long-term tax cuts, efforts to bring manufacturing jobs back home, and initiatives to lower drug prices, voters expressed immediate worry over daily expenses.

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