Which presidency will benefit the U.S. economy more—Kamala Harris or Donald Trump? The opinion remains divided among U.S. voters and economists.
According to a recent poll, many expect Donald Trump to manage the struggling economy more effectively, as the Democrats have had difficulty convincing voters that they are better off now compared to four years ago. The October poll conducted for the Financial Times and the University of Michigan Ross School of Business revealed that 44% of registered voters trusted Trump more with the economy, while 43% favored Harris.
When asked which candidate would improve their personal financial situation, 45% of voters chose the former Republican president, whereas 37% opted for the Democratic vice president.
With just weeks left before the election, this marks a significant shift in voter sentiment against Harris’s economic leadership. Her efforts to promote economic stability may have lost steam, as voters seem hesitant to credit her and President Biden for strong economic growth and low unemployment. The FT poll reflects a closely contested race between the two candidates.
However, defying public sentiment, 23 Nobel Prize-winning economists have expressed support for Harris’s economic strategy. In an open letter, they called her agenda “vastly superior,” stating, “Although we have different views on specific economic policies, we collectively believe that Harris’s economic plan will enhance the nation’s health, investment, sustainability, resilience, employment prospects, and fairness, far surpassing the counterproductive economic policies of Donald Trump.”
