2008 record      

 

If you follow the mainstream news, you'd never know it, but the country is much better off today than it was two years ago, when voters elected Donald Trump as president. The proof is in the poll numbers.

Despite the fact that the mainstream media has largely ignored the booming economy, the public hasn't. They are witnessing first hand how their lives have improved in the two years since voters handed Trump the presidency.

The latest IBD/TIPP Poll results show that people are more optimistic about the economy, less financially stressed, less worried about jobs, more satisfied with the direction of the country, and happier with the federal government's economic policies than they were in November 2016. The public also gives Trump higher marks on his handling of the economy than they did President Obama.

IBD/TIPP Poll Results

The nearby chart shows the change in attitudes about all this. It's striking not only because the improvement is across the board, but because it happened in a relatively short time, after years of stagnation.

The average for the IBD/TIPP Economic Optimism Index under Obama, for example, was 47 (anything under 50 is pessimistic). Even if you just look at his second term — long after the recession was over — the index averaged 47.

Under Trump, it's never been under 50, and has so far averaged 54.1.

None of this was supposed to happen with Trump in the White House, mind you. At least not according his critics. His economic policies were supposed to crater the economy, we were told.

Yet here we are. Clearly better off than we were two years ago.

Dems Won't Admit it

The change in the public's mood would be even more profound if it weren't for the fact that Democrats are so virulently anti-Trump that they refuse to see what's right in front of them.

Take the question of whether the economy is improving or not. Two years ago, 81% of Democrats claimed that it was, despite all the evidence to the contrary. (GDP growth was decelerating, the stock market, wages, jobs were all flat etc.)

In the latest IBD/TIPP poll, however, just 27% of Democrats believe the economy is improving. But 92% of Republicans and 52% of independents now say it's getting better. What can possibly explain the huge gap except abject hatred of Trump?

IBD/TIPP also tracks "job sensitive" homes. In November 2016, 24% of Democrats said that either someone in their household was looking for work or worried about being laid off. Today, with unemployment at decades' long lows, that number has climbed to 31% among Democrats, while it's fallen overall.

It was 35% for Republicans and independents two years ago, but has dropped to 16% and 26%, respectively, now.

IBD/TIPP Poll Approval Rating Gap

Of course, there is one measure that hasn't improved, and that's the president's approval rating.

Two years ago, Obama scored a 53% approval rating. Trump's today is 40%.

Credit for that disparity goes largely to the mainstream media. When not ignoring the economic boom underway and the benefits it's delivering to working class and minorities, they deny Trump any credit for it.

At the same time, the press has flooded the zone for two years with hysterical anti-Trump coverage.

Trump stole the election with the help of the Russians, they said. They called him a dangerous dictator wannabe. Described him as a racist, sexist, fascist and any other "ist" you want to add to the list. He's out of control. Inept. Reckless. His presidency doomed.

True, Trump invites criticism with his tweets and his harsh rhetoric. But the truth is that, with the help of a Republican Congress, he's been delivering on his promise of a stronger and more vibrant economy. That's something Obama never did.

There can be little doubt that if the press treated Trump with even a modicum of fairness, there'd be a national celebration going on about the economy. And no talk of any Blue Wave.

Please click here to read the original article on the Investor's Business Daily website.

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