The president’s poll numbers are in the toilet. He is struggling to stay alert during key events. An overseas conflict is dampening enthusiasm among his base. Voters are furious about rising inflation.
That was the narrative around former President Joe Biden when he exited the presidential race in mid-2024. And every sentence applies now to President Donald Trump, whose recent polling is as bad as Biden’s was when he threw in the towel — or in some cases worse. But the two presidents’ reactions — and that of their parties — could not be more different.
This week’s Economist/YouGov poll, just by itself, made for rough reading for the White House: 36% approval versus 58% disapproval, for a net approval rating of -22%.
Prices are rising faster than wages for the first time in three years.
Believe it or not, however, those are not Trump’s worst approval, disapproval or net numbers. What’s different is the consistency. “In the past, bad numbers one week often have been offset by less-bad numbers in the next poll,” YouGov’s David Montgomery wrote. “Now, the share of Americans who approve of Trump’s job handling has been under 40% for two straight months, and his net approval has been -22 for three straight weeks.”
The lowest three-week average for Biden? -21.8.
Similarly, polling averages from The New York Times and Nate Silver placed Trump’s net approval at -20 and -19.6, respectively. Both numbers are below Biden’s standing when he dropped out of the 2024 race (and below anything from Trump’s first term).
The reasons for Biden’s and Trump’s polling struggles overlap to a remarkable extent. Both learned in real time that the presidency is an even more difficult job when you’re entering your ninth decade on earth. Biden mixed up names; Trump appears to nod off during meetings. Both have been hurt by wars overseas — in Biden’s case, first the Afghanistan withdrawal (the right call, but poorly executed) and later his support for Israel’s conduct in the Gaza Strip. In Trump’s case, the war with Iran has tuned into an entirely predictable disaster that he seems unable to walk away from.
And both, most simply, have been crushed by inflation. As I wrote last month, voter anger over the pandemic-era inflation spike persisted because even as the rate of inflation came down in 2023, prices were still (and are still) going up. It doomed Democrats in 2024, just as it doomed incumbents on the left and right around the world.
And Trump might have struggled with this regardless — barring a recession or some other catastrophe, there was always going to be some inflation. But Trump has exacerbated the problem, first with his tariffs and now with the war with Iran. According to April’s consumer price index, prices are rising faster than wages for the first time in three years.
The president, of course, will always remain loyal only to himself; he knows no other mode of existence.
Worse is likely to come: the producer price index, which measures wholesale prices, came in at a 6% increase over the past year, including 1.4% in the last month alone. That latter number is the biggest jump in more than four years. Both index readings were higher than expected, and suggest there’s still more upward pressure on prices. Perhaps Trump’s fortunes will suddenly turn. But I wouldn’t bet on it.








