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Friday, September 20, 2024

Voters split on Harris and Trump’s handling of economy

By JOSH BOAK and LINLEY SANDERS

WASHINGTON (AP) — Going into November’s election, neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, turning an issue that was once a clear strength for Trump into the equivalent of a political jump ball.

About 4 in 10 registered voters say Republican Trump would do a better job handling the economy, while a similar number say that about the Democratic vice president, according to a new poll by The Associated Press-NORC Center for Public Affairs Research. About 1 in 10 voters don’t trust either candidate, and a similar share has equal faith in them.

The finding is a warning sign for Trump, who has tried to link Harris to President Joe Biden’s economic track record. The new poll suggests that Harris may be escaping some of the president’s baggage on the issue, undercutting what was previously one of Trump’s major advantages.

The economy has long been a weak issue for Biden: A separate AP-NORC poll conducted in late June, before Biden’s disastrous debate with Trump, found that about 6 in 10 Americans disapproved of his handling of the economy. Earlier this year, Americans were much more likely to say that Trump’s presidency helped the country on cost of living and job creation, compared to Biden’s.

The new poll found that the economy is one of the most important issues for about 8 in 10 voters as they consider which candidate to support, dwarfing other top issues like health care and crime.

The aftermath of inflation’s spike in 2022 to a four-decade high has pervaded this year’s presidential contest. Shoppers are upset over their grocery bills. Higher interest rates are financially squeezing the buyers of homes and motor vehicles. All that has appeared to matter more to the public than the low 4.2% unemployment rate and stock market gains.

According to the AP-NORC poll, only about one-third of voters say the state of the national economy is somewhat or very good, although they’re more optimistic about their own situation, with about 6 in 10 voters saying their household’s finances are somewhat or very good. Both of those numbers have remained steady over the course of the year, despite falling inflation.

The candidates have clashing ideas about how best to straighten out the economy, giving voters a stark choice that might hint at how partisan identity increasingly informs views of the economy and policy. But neither campaign has fully explained how its plans would be implemented. Harris insists her plans would be fully funded and not add to the deficit, while Trump’s team assumes — in defiance of most economic models — that growth will be high enough to offset the cost.

Mark Carlough, 33, who works on medical records in Philadelphia, plans to vote for Harris and says he believes that the taxes on imports proposed by Trump would hurt most consumers.

“The tariffs would be horrible for the economy,” he said.

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