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Tuesday, September 11, 2018

Home Voters Hate Trump More Than They Like This Economy

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Trump slumps despite economic bump. Photo: Mandel Ngan/AFP/Getty Images
The last time American consumers were this confident, September 11 was just a random date on the calendar. And it isn’t hard to see U.S. workers are feeling upbeat. In July, there were 659,000 more job openings than Americans looking for jobs. In August, the U.S. saw itsbest month of nominal wage growth in nine years. The percentage of Americans involuntarily stuck in part-time employment is smaller than it’s been for a decade. Unemployment is hovering near mid-century lows.
By all appearances, the Gods of the Macroeconomy are doing all they can to save the GOP’s congressional majorities. And they’re failing, miserably.
In recent weeks, as the “Trump economy” was reaching new heights, Donald Trump’s approval rating dipped below 40 percent in FiveThirtyEight’s poll of polls for the first time since late February. Eight of the last eight live-interview surveys have found the president’s approval rating to be in decline. Meanwhile, Democrats have opened up a near-double-digit lead in the generic congressional ballot.

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