Democratic pollster Fernand Amandi argues numbers don'tt lie, and right now they’re saying the president is sinking in popularity even with his own previously diehard supporters.
MS NOW anchor Chris Hayes reported another brutal week of polling for President Donald Trump, with Trump rolling in at near-record lows in at least three different credible polls averaging between 39 percent and 36 percent. One particular YouGov poll even discovered more voters saying Joe Biden did a better job by a margin of six points.
Issues with the economy were definitely coming into play, said Maria Teresa Kumar, who is president of the group Voto Latino.
“Another headline is that for the very first time high net worth earners, people making more than $150,000, have a 20 percent delinquency rate on their credit cards. And you're starting to see that they're not paying their auto loans, and you're starting to see that they're going back on their mortgages,” said Kumar. “When high net worth earners are saying, ‘wait a second, I'm feeling a crunch,’ you know that it's only downhill from here for the Trump administration.”
Turning to Amandi, Hayes pointed out that Trump's numbers were formerly nine or 10 points in the green on the economy, but are now his worst issue.
“I guess my question to you is does it mean he has a lower floor this time because of how central the economy is to people?” asked hayes.
“Not only does it mean he has a lower floor, what it means is these declining numbers suggest for the first time ever, it's now eating into his MAGA base,” answered Amandi. “These numbers that you're seeing drop on the economy. Yeah. That’s MAGA voters saying, ‘whoa, whoa, whoa, you promised prices are going to go down on day one. You're going to do all these things on day one. And it's now more than a year into the presidency.’ That's why I think he’s in a spiral of irrelevancy as a lame duck-ness that's not going to go away.
“[The economy] was the only reason he was reelected,” Amandi added, “and it's not going to come back unless there is a massive turnaround in the economy over the next couple of months. And I just don't see that happening.”