Trump’s ratings fall as supporters wrestle with costs

President Trump made dozens of promises when he campaigned to retake the White House last year, from boosting economic growth to banning transgender athletes from girls’ sports.

- By DoyLE McManus

SPENCER PLATT Getty Images

LABOR OFFICIALS say inflation is at 2.7%, a little better than under Biden, and electricity is up 6.9%.

But one pledge stood out as the most important in many voters’ eyes: Trump said he would not only bring inflation under control, but push grocery and energy prices back down.

“Starting the day I take the oath of office, I will rapidly drive prices down, and we will make America affordable again,” he said in 2024. “Your prices are going to come tumbling down, your gasoline is going to come tumbling down, and your heating bills and cooling bills are going to be coming down.”

He hasn't delivered. Gasoline and eggs are cheaper than they were a year ago, but most other prices are still rising, including groceries and electricity. The Labor Department estimated Thursday that inflation is running at 2.7%, only a little better than the 3% Trump inherited from Joe Biden; electricity was up 6.9%.

And that has given the president a major political problem: Many of the voters who backed him last year are losing faith.

“I voted for Trump in 2024 because he was promising America first ... and he was promising a better economy,” Ebyad, a nurse in Texas, said on a Focus Group podcast hosted by Bulwark publisher Sarah Longwell. “It feels like all those promises have been broken.”

Since Inauguration Day, the president's job approval has declined from 52% to 43% in the polling average calculated by statistician Nate Silver. Approval for Trump’s performance on the economy, once one of his strongest points, has sunk even lower to 39%.

That’s dangerous territory for a president who hopes to help his party keep its narrow majority in elections for the House of Representatives next year.

To Republican pollsters and strategists, the reasons for Trump’s slump are clear: He over-promised last year and he’s under performing now.