Economic Optimism at 16 Year High, Many Say They are “Better off” Under Trump
Under President Trump, Americans are more optimistic about their personal finances, and many say they are “better off” than just one year ago, according to a Washington Examiner report of a recent Gallup survey.
A whopping 69 percent of respondents told Gallup they believe their personal finances will improve over the next year. That percentage is just shy of the record high of 71 percent set in 1998 under Bill Clinton.
Fifty percent said they expect to be “better off” than just one year ago–marking the first time that number has been reached since 2007.
The number of Americans saying they are worse off than one year ago has dropped to the lowest level since October 2000.
Ten years ago, as the Great Recession neared its end, the percentage saying their finances had improved from the previous year was at a record low of 23%. More than half the public, 54%, said they were worse off. Now, with unemployment below 1998 levels and the job market growing steadily, the number saying they are worse off than a year ago has dropped to 26%, the lowest level since October 2000.