2020 polls: Trump has lost his economic advantage over Biden


But Trump may now be seeing this advantage dissipate. His approval in the economy has seen a dramatic decline since the start of the year, and he has lost his advantage in the economy over former Vice President Joe Biden.

In July, these same surveys give it a 49% approval rating to a 47% disapproval rate.

When you look at all the surveys, you find a very similar finding. Trump’s net approval rating in the economy (approval minus disapproval) has fallen from +16 points in January to just +1 point in July.

Its declining economic approval rating is undoubtedly in part because it has become less popular overall. Its overall net approval rating has dropped about 5 points since January. Still, that’s only about a third of the decline in their economic approval rating.

It seems that the economic recession the country has suffered since February is affecting Trump’s economic approval disproportionately.

Also, a look at the data reveals that Trump is no longer the clear winner when it comes to who voters trust in the economy.

Biden actually has 2 points better than Trump when compared to the economy in an average of the ABC News / Washington Post, Fox News and Quinnipiac polls. That is best described as “too close to the call,” but that in itself is quite remarkable.
Trump led the economy in all three polls when the last question was asked by each pollster. He had as much as a double-digit lead over Biden on the ABC News / Washington Post in March. Trump even had a 12-point lead in the economy through May in CNN polls.
The good news for the President is that the economy remains his main problem. Any conversation about the economy helps you in relation to talking about the coronavirus or race relations, where your net approval ratings are below -20 points.

The bad news is that Trump is not winning on any of the major issues that are shaping the campaign.

He follows Biden by at least 10 points in coronavirus. It is down by about 20 points in race relations. And now it’s basically even in the economy.

There is simply no record of a presidential candidate who does not lead on any important issue and still win.

Therefore, Trump’s goals in the last three months of this campaign are clear: If he cannot reduce his coronavirus deficit, he must, at a minimum, make voters think he is the best manager of the economy.

If the president does not change things, the lack of an advantage on any of the main issues will surely prove fatal to his campaign.

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