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Trumps Economy Under Fire: Voters Turn Away From GOP Ahead of Midterms

According to a poll conducted by research company Focaldata on August 16 local time, less than three months before the mid-term elections in November, more than 53% of registered American voters said that their financial situations have worsened since Trump returned to the White House in January 2025.

Nearly 57% of independent voters, as well as nearly one-fourth who identify as Republicans, also believe the situation has deteriorated under the current president.

The poll found that, when it comes to dealing with inflation and living costs, voters are more willing to trust Democrats than Republicans. The poll showed that Democrats have an advantage on employment and economic issues, which have long been considered Republican strengths.

The poll results show that Trump and his Republican Party are facing a difficult struggle. The public is dissatisfied with the war between the United States and Iran, which has driven up borrowing costs as well as prices of gasoline and consumer goods.

According to reports, another set of data released on the 14th shows that consumer confidence has plummeted significantly, reaching near-historic lows, due to Americans being forced to cut their spending levels by high prices. U.S. government data indicates that real wages also declined in July.

Although Trump will not be on the ballots for the November elections, midterm elections are often seen as a referendum on the leadership capabilities of the current president.

Nearly two-thirds of registered voters believe that the U.S. economy is heading in the wrong direction, including more than two-thirds of independent voters and over one-third of Republican voters. Only one-fourth of registered voters believe that the direction of economic development is correct.

Trumps Economy Under Fire: Voters Turn Away From GOP Ahead of Midterms

Nearly two-thirds of registered voters believe the American economy is heading in the wrong direction. The Financial Times

Additionally, 55% of registered voters do not recognize the work done by Trump as president, including nearly 20% of Republicans.

The report indicates that a concerning signal for the White House is that Trump’s net support rate among Republican voters—the proportion of voters satisfied with his governance minus the proportion of opponents—has decreased by 8% compared to last month.

Trump's performance in terms of support rates regarding inflation and living costs is even worse. Among registered voters, 64% express disapproval of these issues, including nearly 70% of independent voters and about one-third of Republican voters.

According to reports, several polls over the past few months indicate that the Democrats may regain control of the House of Representatives. However, it is expected to be more difficult for them to gain control of the Senate.

When asked which party they would vote for in the November elections, registered voters indicated that the Democrats were leading the Republicans by 5%, with support rates of 44% and 39% respectively.