Tracking Trump - Direction of the Country 4-7-17:
Bottom Line: This Friday feature is designed for political junkies who missed my Friday political series from the election cycle. For years, despite generally favorable approval ratings for President Obama, we've collectively been unhappy with the overall direction of our country. It's fair to say that President Trump is much more than just a new President. He intends to lead the movement that led to election forward. How will the country respond?
In this entry I'll be tracking the overall view of the direction of the country led by President Trump.
Here's where we stood on Inauguration Day:
- Right Direction: 30%
- Wrong Track: 59.1%
- Net Negative: -29.1%
Last week's ratings:
- Right Direction: 38.2%
- Wrong Track: 52.7%
- Negative: -14.5%
- Right Direction: 36.6%
- Wrong Track: 54.6%
- Net Negative: -18%
Change: +11.1% since Inauguration Day & -3.5% vs last week
The direction of the country question, while still negative, has been the metric that's been the most reliant during the early weeks of President Trump's administration. While we're still seeing a double digit improvement during his time as President, we did see a meaningful dip this week. The President's approval rating took a big hit after the healthcare bill failure a couple of weeks ago and that largely hadn't carried over to our view of the country until perhaps now. Meanwhile the economic indicators continue to provide room for more optimism.
The economic highlight this week is the best private sector job growth for the month of March since 2006. This after the best consumer confidence figures we've posted since 2000 last week. There are substantive reasons to feel better about the direction of the country.
It's my view that today's vote on Neil Gorsuch will generally be received positively as it represents President Trump's first significant win, and potentially the most significant win that he could/will have as President. What's now unclear is what impact the Syrian airstrike will have on the average American's view of our country's direction - if any.
Until next week...