Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Even some of President Donald Trump's strongest supporters are getting impatient with the economy. On Fox News in June, Fox & Friends host Ainsley Earhardt, a longtime Trump ally, acknowledged that Trump supporters "want our economy to get back on track and our gas prices to drop (1)." Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA.
Learn more with a free guide from Priority Gold The tax breaks in Trump's 'big beautiful bill' expire after 2028 — and experts say most people won't act in time. What to do before the window closes That's a notable warning for a White House that has made the economy a central part of its pitch to voters. And the latest polling suggests the frustration hasn't gone away.
Trump's approval on the economy has fallen to 32%, down from 40% at the start of his second term, according to a new AP-NORC poll (2). A Fox News poll from July was nearly as grim: Just 33% approved of Trump's handling of the economy, while 67% disapproved. His overall approval stood at 39%, remaining unchanged for the third consecutive months (3).
In other words, disapproval over Trump's economic decisions is starting to look less like a temporary dip and more like a stubborn problem for the White House. For many households, the squeeze is showing up where it matters most: household budgets. That means having to make small, daily decisions to save money — skipping takeout, delaying big purchases or cutting back on essentials that once felt routine.
In fact, Fox News found 75% of voters say inflation has caused financial hardship, including 34% who call it serious (4). Inflation may be cooling, but prices are still elevated. Consumer prices rose 3.4% in July from a year earlier, according to the U.S.
Bureau of Labor Statistics (5). Gas prices aren't helping, either. The national average for regular gas hit about $4 a gallon in late July, adding another headache for already-strained households (6).
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