From Ballotpedia <[email protected]>
Subject 22 percent of voters say their personal finances are getting better
Date December 11, 2020 1:03 PM
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[The Number of the Day by Scott Rasmussen and Ballotpedia]

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** WELCOME TO THE NUMBER OF THE DAY
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** DECEMBER 11, 2020
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Twenty-two percent (22%) of voters believe their personal finances are getting better, while another 28% say their finances are getting worse. A _PoliticalIQ_ survey found that 48% believe their personal finances are staying about the same, and 2% are not sure.[1] ([link removed])

The results reflect a modest increase in pessimism following Election 2020. The number saying their finances are getting better is down five points from just prior to Election Day and down four from the weekend after the election. ([link removed]) On the other side of the equation, the number saying their finances are worse is up three points since the pre-election survey.[2] ([link removed])

The decline in optimism has been driven by Republicans. Prior to the election, 43% of GOP voters believed their finances were getting better. That fell to 36% after the election ([link removed]) and 24% now. Such a partisan perspective is fairly normal following an election. Typically, Republicans are more upbeat about the economy when a Republican is in the White House, and Democrats are more optimistic when a Democrat is president.[1] ([link removed]) [2] ([link removed])

What is a bit unusual is that there has not been a corresponding bounce in optimism among Democrats. Prior to the election, 18% of those in Joe Biden's ([link removed]) party said that their personal finances were getting better. That number has inched up just three points to 21% today.[1] ([link removed]) [2] ([link removed])

It is impossible to know precisely why Democratic optimism has not increased. It may be that President-elect Biden's victory was accompanied by disappointing results for Democrats in House ([link removed]) , Senate ([link removed]) , and state legislative races ([link removed]) .

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