US voters disapprove of president's economic management
Updated
Updated · The Times · May 9
US voters disapprove of president's economic management
3 articles · Updated · The Times · May 9
Some 55% say their finances are worsening, while 52% to 68% disapprove of his job, inflation and immigration handling ahead of November's midterms.
The article says strong headline data, including 115,000 new jobs and 4.3% unemployment, are outweighed by high housing, petrol, electricity and food costs, plus student debt and AI job fears.
It argues policy options are constrained by inflation risks, rising Treasury yields and heavy deficits, while 54.8% also oppose military action against Iran, adding to Republican political pressure.
If the economy is 'roaring' on paper, why have median emergency savings been cut in half in just one year?
With AI boosting markets but slowing youth hiring, are recent graduates facing a permanently stalled career path?
As long-term care costs deplete family assets, is the American middle class on an inevitable path to Medicaid?
Trump Faces Record-Low Approval as Inflation and Iran War Drive Economic Anxiety in 2026
Overview
In May 2026, public opinion about the U.S. economy has sharply declined, with 61% of Americans believing the country is on the wrong track. Economic concerns have become the top issue, fueled by persistent high prices and widespread dissatisfaction. This negative sentiment has led to a historic drop in President Donald Trump’s approval ratings, especially among younger and minority voters. The ongoing war with Iran and rising costs of living, including gasoline and essential goods, have intensified public frustration. These factors are driving political shifts and could have major consequences for the upcoming midterm elections.