Americans with over $1 million in assets are reporting less enthusiasm for Trump's agenda. (Photo: Jim Mattis/Flickr/cc)
Jun 27, 2017
A CNBC poll finds that President Trump's support is waning among many of his fans from a particular demographic: millionaires.
The survey was conducted with the Spectrem Group, a consulting firm that conducts research on affluent households.
Forty-five percent of the millionaires surveyed voted for Trump in the 2016 election, and 39 percent identified themselves as Republican voters. Twenty-four percent were Democrats and 35 percent were independent.
The survey showed that even some of Trump's richest supporters, who potentially stand to gain the most from policies like the Republican healthcare bill, are turning away from the president. Fifty percent of respondents said they now have a negative view of Trump, while 29 percent viewed him favorably.
The respondents cited government dysfunction as one of their top concern regarding the current administration. Millionaires say they are concerned about the administration's mismanagement of the federal government both because it could harm their personal wealth, and because it could have a negative impact on the economy.
Many Democratic millionaires also said that they've joined the anti-Trump resistance, becoming more politically active following Trump's 2016 win. A quarter of the 750 people surveyed said they've donated money to Democratic causes and candidates, and one in five has participated in a political march.
An Unconstitutional Rampage
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
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A CNBC poll finds that President Trump's support is waning among many of his fans from a particular demographic: millionaires.
The survey was conducted with the Spectrem Group, a consulting firm that conducts research on affluent households.
Forty-five percent of the millionaires surveyed voted for Trump in the 2016 election, and 39 percent identified themselves as Republican voters. Twenty-four percent were Democrats and 35 percent were independent.
The survey showed that even some of Trump's richest supporters, who potentially stand to gain the most from policies like the Republican healthcare bill, are turning away from the president. Fifty percent of respondents said they now have a negative view of Trump, while 29 percent viewed him favorably.
The respondents cited government dysfunction as one of their top concern regarding the current administration. Millionaires say they are concerned about the administration's mismanagement of the federal government both because it could harm their personal wealth, and because it could have a negative impact on the economy.
Many Democratic millionaires also said that they've joined the anti-Trump resistance, becoming more politically active following Trump's 2016 win. A quarter of the 750 people surveyed said they've donated money to Democratic causes and candidates, and one in five has participated in a political march.
A CNBC poll finds that President Trump's support is waning among many of his fans from a particular demographic: millionaires.
The survey was conducted with the Spectrem Group, a consulting firm that conducts research on affluent households.
Forty-five percent of the millionaires surveyed voted for Trump in the 2016 election, and 39 percent identified themselves as Republican voters. Twenty-four percent were Democrats and 35 percent were independent.
The survey showed that even some of Trump's richest supporters, who potentially stand to gain the most from policies like the Republican healthcare bill, are turning away from the president. Fifty percent of respondents said they now have a negative view of Trump, while 29 percent viewed him favorably.
The respondents cited government dysfunction as one of their top concern regarding the current administration. Millionaires say they are concerned about the administration's mismanagement of the federal government both because it could harm their personal wealth, and because it could have a negative impact on the economy.
Many Democratic millionaires also said that they've joined the anti-Trump resistance, becoming more politically active following Trump's 2016 win. A quarter of the 750 people surveyed said they've donated money to Democratic causes and candidates, and one in five has participated in a political march.
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