Will $4 Gas Hurt Trump’s Approval Ratings? Here’s What History Shows.
The New York Times • • nation
Key Points:
- Historically, spikes in gas prices have led to declines in presidential approval ratings.
- The recent surge in gas prices above $4 per gallon, driven by the war in Iran, has Republicans concerned about potential drops in President Trump’s approval ratings.
- President Trump’s approval rating has remained around 40 percent in recent months, according to The New York Times polling average.
- The impact of the rapid gas price increase on approval ratings is uncertain, with some suggesting the traditional link may be weakening due to political polarization.
- Unlike previous price hikes, this increase is directly linked to President Trump’s decision to attack Iran, potentially influencing voter perception more strongly.
