Tracking Trump - Direction of the Country for July 7th:
Bottom Line: This Friday feature is designed for political junkies. For years, despite generally favorable approval ratings for President Obama, we'd collectively been unhappy with the overall direction of our country. In the early months of the Trump Presidency we're seeing a bit of a shift with a less popular President but a bit more optimistic country generally.
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: 30%
- Wrong Track: 59%
- Net Negative: -29%
And today:
- Right Direction: 31%
- Wrong Track: 56.5%
- Net Negative: -25.5%
Change: +3.6% since Inauguration Day & +3.5% from a week ago.
Maybe the holiday weekend provided a bit of relief for those politically polled on the direction of the country over the past week. It's hard to point to any other specific reason for a decent bounce from this time a week ago. The one thing that does frequently get overlooked but should never be understated is the impact of "the economy stupid". With stocks putting up their best first six months in four years and corporate outlooks being the best in six years (when we were emerging from the Great Recession), aside from the political nonsense, many people are doing better in their own finances/lives compared to six months ago. Now if we could get meaningful healthcare and tax reform...