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65% Americans say Trump policies hurt US economy in short term: Poll

US President Donald Trump speaks during a
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US President Donald Trump speaks during a "Rose Garden Club" dinner in honor of Police Week at the White House in Washington, DC, May 11, 2026. (AFP Photo)
May 18, 2026 12:10 PM GMT+03:00

Americans are increasingly concerned and stressed about their personal finances, while views of the U.S. economy have fallen to their lowest level since 2023, according to a CBS News/YouGov poll conducted on May 13-15, 2026.

According to the survey, 76% of Americans feel anxious about their finances, up from 72% in May 2025, while 67% report feeling stressed, compared to 65% previously.

Sentiments regarding financial security and satisfaction have also taken a hit: only 44% feel secure and 43% feel content, down from 53% in both categories.

Only 29% of Americans currently view the U.S. economy positively, down from 32% in April, 34% in February, and a high of 39% in July 2025.

Inflation, gas prices weigh on Americans

The poll found 77% of Americans think their income is not keeping up with inflation, while 23% say it does.

Rising gas prices are placing additional pressure on households. The share of Americans reporting that fuel costs cause financial hardship rose to 59%, up from 51% in April.

Another 26% say gas prices are an inconvenience but not difficult, down from 28%, while 15% say their finances are not affected or that they do not buy gas, down from 19%.

According to the poll, 65% of Americans describe the economy as "uncertain," 63% call it "struggling," and 40% view it as "unfair." By comparison, much smaller shares describe the economic climate positively, with only 15% calling it "fair," 12% "rebounding," and 12% "stable."

US President Donald Trump gestures as he speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, May 15, 2026. (AFP Photo)
US President Donald Trump gestures as he speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, May 15, 2026. (AFP Photo)

Iran conflict adds to economic uncertainty

The poll found that 69% of Americans say they are not getting a clear understanding of the day-to-day situation in the Strait of Hormuz, while 31% say they do.

Asked whether the Iran conflict has been successful in terms of U.S. interests, 34% called it successful militarily, 37% said it was not successful and 29% said it was too soon to say anything.

On strategic interests, 24% said the conflict was successful, 43% said it was not and 33% said it was too soon to say. On economic interests, 16% called it successful, 54% said it was not and 30% said it was too soon to say.

When asked who has the advantage in the U.S.-Iran conflict, 41% said neither side, 38% said the U.S. and 21% said Iran.

Frustration grows with Trump’s economy

The poll found 65% of Americans say President Donald Trump’s policies are making the U.S. economy worse in the short term, while 13% say they are making it better and 22% say they have no impact or are not sure.

For the long term, 50% say Trump’s policies are making the economy worse, 29% say they are making it better and 21% say they have no impact or are not sure.

Asked how they feel about the Trump administration’s approach to the economy, 38% said frustrated and 32% said angry. Another 19% said satisfied and 11% said enthusiastic.

Trump’s approval rating on inflation has also fallen. The poll found 27% approve of his handling of inflation, down from 31% in April, 33% in March and 46% in March 2025.

Among Republicans, approval of Trump’s handling of inflation fell to 63%, down from 71% in April and 74% in March. Republican disapproval rose to 37%, up from 29% in April and 26% in March.

Neither party seen positively

The poll reveals that neither party is viewed positively by a majority when it comes to the cost of living.

For Democratic policies, 32% of respondents said they help, 41% said they hurt, and 27% saw little impact. In comparison, only 24% believed Republican policies help, while 56% said they hurt and 19% reported no significant effect.

When asked who offers a better economic approach overall, 35% favored the Democrats, 31% chose Donald Trump and the Republicans, and 34% remained undecided or chose neither.

Jobs, AI and opportunity concerns persist

The poll found 65% of Americans say artificial intelligence will decrease jobs in the U.S., while 18% say it will increase jobs, while 17% say it will have no effect.

Public outlook on economic opportunity has also deteriorated. Compared to their parents’ generation, 47% of Americans now say their opportunities are worse, a jump from 40% in January 2024.

Meanwhile, the share of those who believe their opportunities are better plunged to 28%—down from 39%—while 25% see no change.

This pessimism is starkest among adults under 50, with 57% stating their prospects are worse than the previous generation, compared to just 38% of those aged 50 and older.

May 18, 2026 12:11 PM GMT+03:00
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