Usman Salis
● According to recent data shared by *Walter Bloomberg, a fresh CNBC poll reveals growing public frustration with President Trump's economic approach and the ongoing government shutdown. The survey of 1,000 U.S. adults, conducted October 8-12, shows his approval rating slipped from 46% to 44%, while disapproval climbed to 52%.
● The poll paints a challenging picture—only 42% approve of Trump's economic management, and just 34% back his approach to inflation and living costs. Economists are warning that a prolonged shutdown could trigger more bankruptcies, talent loss, and wider instability.
● Between 55-62% of Americans point fingers at Trump and congressional Republicans for the shutdown. These standoffs typically cost billions through lost productivity, delayed federal paychecks, and stalled contracts. Some policy experts think targeted tax adjustments could help ease budget pressure without dragging things out further.
● Beyond immediate losses, the deadlock is creating ripples across employment, tax revenue, and investor confidence. Shutdowns cut access to public services, squeeze government contractors, and rattle markets—all of which can hurt Treasury yields and consumer sentiment if things don't get resolved soon.
Usman Salis
