On April 23, Greg Sargent hosted an episode of The Daily Blast podcast from The New Republic, where he discussed the latest Fox News poll revealing devastating approval ratings for Donald Trump on economic issues.
Trump, who has closely monitored Fox News polling, now faces unprecedented disapproval, with his numbers on the economy and inflation worse than those of President Joe Biden during the peak inflation crisis of 2022–2023.
Key Findings from the Fox News Poll
- Economic Approval: Only 34% of voters approve of Trump’s handling of the economy, while 66% disapprove—a net rating of -32.
- Inflation Approval: Just 28% approve of his inflation policies, with 72% disapproving—a net rating of -44.
Expert Analysis: Trump’s Numbers Mirror Biden’s Worst Period
G. Elliott Morris, founder of the Strength in Numbers Substack, joined the discussion to contextualize the poll’s findings. Morris highlighted that Trump’s net approval on the economy (-32) matches Biden’s lowest point during the inflation crisis of 2023, when inflation hovered between 8% and 10%.
Morris: “Donald Trump’s numbers on the economy—the thing he won the 2024 election on—are as bad as Joe Biden’s were during the peak inflation crisis of 2022 and 2023.”
Morris also noted that Trump’s inflation approval rating (-44 in the Fox poll, -46 in his own tracking) suggests a widespread rejection of his economic policies, which he had touted as a key reason for his 2024 victory.
Strategic Concerns for Trump Ahead of 2024
The poll’s results come as Trump faces growing political pressure. Reports indicate he is considering staff purges and that his team is scrambling to develop a midterm election strategy. The shift in economic sentiment—where Democrats now hold an advantage on the economy for the first time in years—could further complicate Trump’s path to re-election.
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