Nearly half of Americans have anxiety about their finances at the same time as they have frustrations with the economy under President Trump, according to a new poll.
In the CBS News/YouGov poll, 44 percent of respondents said they see their “own personal financial and economic situation” as either “fairly bad” or “very bad,” while 49 percent said they see their personal financial and economic situation as “very good” or “fairly good.” Seven percent of respondents said they were unsure about their personal financial and economic situation.
In the same poll, 57 percent of respondents said they believed Trump’s policies “are making” them “financially worse off.” Fourteen percent said they believed the president’s policies are making them “financially better off,” while 29 percent said they believed his policies are making them financially “stay about the same.”
The war with Iran, which has spiked oil and gas prices, is nearing its fourth month. According to AAA, the average price of a regular gallon of gas in the U.S. was sitting at about $4.51 on Sunday, up from about $3.19 a year ago. The Strait of Hormuz, a key waterway for the oil industry, has notably been closed amid the conflict with Iran.
On Sunday, House Speaker Mike Johnson (R-La.) restated his concerns over high gas prices, with Republicans seeking to hang on to their tiny majority in the lower chamber this fall.
Johnson said in a Sunday interview that the persisting “economic trouble” facing Americans is linked “directly to the Strait of Hormuz.”
“Really, all points lead back to that,” he said, referencing the key waterway. “Gas prices are too high because of that, and then that has an effect on how goods are transported to the grocery store and all the rest.”
The CBS News/YouGov survey took place from May 13 to 15, featuring 2,064 people and a margin of error of plus or minus 2.7 percentage points.
