The Trump Economic Boom Is Already Beginning

BREITBART | Published November 21, 2024

The Trump Transition Is Winning Good Marks

If the aftermath of Donald Trump’s victory on Election Day feels joyous and tranquil, you are not alone.

American households and businesses are much more serene and hopeful this time around. Polling released by Pew Research on Friday shows that 70 percent of Americans are very or somewhat confident that the transition to the Trump administration will go smoothly. Similarly, a majority of Americans say they have a positive evaluation of Trump’s post-election conduct.

 

 

A 53 percent majority of Americans say they approve of the president-elect’s plans for the country. When asked if they approve of Trump’s conduct post-election, 53 percent answer affirmatively. That’s better than the 40 percent who said they approved of Trump’s cabinet choices in November 2016 and the 41 percent who said they approved of the job he had done in explaining his policies and plans for the future.

Of course, there are the usual partisan differences in how people are reacting to the election. As recently as October, just 10 percent of Republicans said they were satisfied with the state of the country, according to Pew. Now, 35 percent are satisfied. Democrats have seen their satisfaction slip from 38 percent to 24 percent.

Consumer Sentiment Shows Republican Hope Beats Democrat Despondency

Similarly, the University of Michigan’s survey of consumer sentiment showed an explosion of hope for the economy among Republicans and a slump among Democrats. The GOP expectations index jumped from 61.4 to 89.2, the highest since October 2020. The Democrat expectation index fell from 93.1 to 75.4. Independents were mostly unchanged. The aggregate effect of this was to push up the expectations index by 3.8 percent. As a result, overall consumer sentiment improved even though the current conditions metric worsened.

 

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SOURCE: www.breitbart.com

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