Trump’s Job and Economic Approval Remain Steady; Progressive Policies Enjoy Wide Support
Our newest CNBC All-America Economic Survey finds that President Trump’s job approval and economic approval both remain steady—40% of voters approve of the job Trump is doing as president and 48% approve of the job he is doing handling the economy, numbers nearly identical to those in our December survey. Perception of the current economy and optimism for the future economy also remains steady since December, though still down from early-2018 peaks.
The survey finds majority support for five progressive policies—a federal requirement that employers provide paid maternity leave to new mothers (84% support), increasing federal government funding for child care to make it available to more parents (75% support), increasing the federal minimum wage from $7.25 to $15 an hour (60% support), tuition-free college at state and public colleges paid for by the federal government (57% support), and creating Medicare for all (54% support). Only a sixth policy, universal basic income (28% support), does not have majority support. Further, the top two policies—federally required maternity leave and increased federal funding of child care—enjoy majority support across party lines. In thinking about funding these programs, a majority of adults support creating a tax on families that have assets worth more than $50 million (61% support) and raising the federal tax rate to 70% for income earned above $10 million (58% support). Additionally, 46% of adults support repealing the 2017 tax cuts for corporations.
Read more findings here.