The Trump effect on US Economy: The Positive Take

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You can call it the Trump effect. For the first time since the economic crisis, more Americans feel positive about the economy than negative about it, a Pew Research survey found.

“What a difference a year, and possibly an election, makes,” Pew reported Monday. “Nearly six-in-ten people in the United States (58%) say the economic situation is very or somewhat good, according to a new Pew Research Center survey conducted Feb. 16-March 15. Last spring, 44% of the American public described the economy as good.”

It’s the most positive people have felt about the economy since 2007 — a year before the economic crisis — and only the second time that half or more of those surveyed have given the economy a thumbs-up, Pew reported.

Driving the higher scores are Republicans feelings about the economy — and their trust that President Donald Trump will improve lagging GDP growth, invest in infrastructure and tax reform, all of which will spur economic prosperity and improve job opportunities and wage growth.

 

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