NEW: Poll Shows Americans Overwhelmingly Approve Of Trump’s Top Agenda Item

A significant majority of Americans appear to back one of President-elect Donald Trump’s cornerstone policy proposals, signaling more public support as he prepares to return to the White House. According to the latest CNBC All-America Economic Survey, a sweeping consensus has emerged around Trump’s campaign promises, suggesting the political winds may be shifting in his favor.

The survey reveals that 54% of the public are “comfortable and prepared to support” Trump as president. According to the findings, 60% believe that deploying the military to the border to halt illegal drugs and human trafficking should be an immediate priority for the new administration in 2025. An additional 13% agree it should be addressed, but later in the term. Only 24% are completely against the proposal, including 51% of Democrats, 12% of independents, and 3% of Republicans.

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The survey found that Trump’s economic agenda—focused on deregulation, tax cuts, and restoring American manufacturing—resonates with the public. Jay Campbell, a partner at Hart Research and the Democratic pollster for the survey, noted a shift in public sentiment from 2016. “In 2016, there were a few more people who said, ‘I’m not sure,’ and took a kind of a wait-and-see approach,” he said. “Those numbers have dropped by half or more … People know what to expect with Donald Trump now.”

The survey revealed support for several policies, including reducing individual taxes, increasing deportations of undocumented immigrants, downsizing government operations, expanding oil drilling on federal lands, and easing taxes and regulations for businesses. The idea of raising tariffs received tepid support, with only 27% in favor of immediate action and 24% suggesting it could be addressed later in the term, against 42% opposition.

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Americans are more optimistic about the economic prospects under Trump’s second presidency than they were during his first term. A notable 51% of respondents expect their personal financial situation to improve, a 10-point increase from 2016. 51% anticipate the U.S. economy will also get better, rising 5 points from the previous election.

As President Joe Biden exits office, public sentiment towards the economy remains largely negative. Only 25% of Americans rate the economy as excellent or good, while a significant 73% view it as fair or poor. Biden’s final economic approval stands at 36%, with 58% disapproving. His net approval rating has slightly improved from the lowest point in 2022 but remains negative at -22, a sharp decline from the +5 net positive at the start of his presidency.

Looking ahead, there’s a surge in economic optimism, primarily fueled by Republican enthusiasm following the election. Forty-six percent of Americans now believe the economy will improve over the next year, up nine points since October. This shift is largely driven by Republicans and, to some extent, independents moving from pessimism to optimism. Conversely, 33% think the economy will deteriorate, a rise of 16 points, reflecting increasingly pessimistic views among Democrats.

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Forty percent of respondents believe now is a good time to invest in stocks, marking the most positive sentiment since 2019. This is a significant shift from Biden’s administration when opinions on stocks ranged from neutral to deeply negative. The change is largely attributed to Republicans, who, following the election, have become 56 points more positive about investing in stocks compared to their views in August.

Meanwhile, the survey highlights that while cryptocurrencies are generating buzz on Wall Street, they haven’t quite captured the same enthusiasm on Main Street. Currently, only 13% of Americans report owning cryptocurrency, and 15% view it as the best investment choice, a slight increase of 4 points from the last time this question was posed in 2022. However, crypto still lags behind more traditional investments like real estate, stocks, gold, and savings accounts in terms of popularity.

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