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NOVEMBER 12, 2020: Twenty-six percent (26%) of voters believe their personal finances are getting better, while another 26% say their finances are getting worse. A _PoliticalIQ_ survey found that 45% believe their personal finances are staying about the same, and 3% are not sure.[1] ([link removed])
This survey was conducted last Thursday through Saturday, following Election Day. It showed a slight decline in optimism compared to a pre-election survey when 27% said better, and 25% said worse. The decline comes almost entirely from Republicans. Prior to the election, 43% of GOP voters believed their finances were getting better.[2] ([link removed]) That fell to 36% after the election.[1] ([link removed])
There was little change among Democrats and independents.[1] ([link removed]) [2] ([link removed]) However, that could shift in the near future.
Typically, Republicans are more upbeat about the economy when a Republican is in the White House and Democrats more optimistic when a Democrat is president. This particular survey was conducted _after_ the election but _before_ Joe Biden ([link removed]) was declared the winner of 270 Electoral College ([link removed]) votes. At the time, the survey found that just 49% believed Biden was the winner.[1] ([link removed])
Based upon historical trends, therefore, it would not be surprising to see the confidence of Democrats increase as it becomes more likely that Biden will take office. At the same time, the economic confidence of Republicans could fall further. We will conduct another survey on this topic in the coming days.
Click here to view the Number of the Day online→ ([link removed])
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Each weekday, Scott Rasmussen’s Number of the Day ([link removed]) explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.
To see other recent numbers, check out the archive ([link removed]) .
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_Scott Rasmussen is an editor-at-large for Ballotpedia, the Encyclopedia of American Politics. He is a senior fellow for the study of self-governance at the King’s College in New York. His most recent book, ** Politics Has Failed: America Will Not ([link removed])
** , ([link removed])
was published by the Sutherland Institute in August 2018._
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