According to a new survey by CNBC and Generation Lab, young Americans trust Democratic Party member Kamala Harris more than businessman and cryptocurrency-focused Donald Trump when it comes to economic issues. 41% of respondents believe Kamala Harris is the best choice for the economy, 40% chose Donald Trump, and 19% said the economy would perform better under third-party candidate Kennedy and others. good.
The choice of young people? Where new startups are located, they tend to choose the Democratic Party
The latest quarterly Youth & Money Survey, conducted after Democratic incumbent Joe Biden dropped out of the race in July, found that 69% of Americans aged 18 to 34 believe the economy is getting worse under President Joe Biden. And Kamala Harris, who is running to replace Joe Biden on behalf of the Democratic Party, is not being implicated by the current administration's performance on the economy.
Still getting support from young people in quarterly reports. In 2020, Biden won 59% of the vote among voters ages 18 to 29, compared to Trump's 35%. Although young people do not approve of Biden's economic performance, they still trust the Democratic Party. This is also reflected in the poll map. Seattle, California, and New York, where startups are concentrated, are all supporters of the Democratic Party.
People ages 18 to 34 make up about a quarter of the U.S. population, about 76 million people, according to the U.S. Census Bureau. In the last presidential election in 2020, 57% of this age group voted. In the survey, 77% of respondents said they would definitely or probably vote. But in past elections, the number of people who said they planned to vote was often much higher than the number of people who actually voted. Although the Democrats currently have a slight advantage in the polls, turnout among this age group will be a key factor.
CNBC conducted the same survey in May. At that time, only 34% of the respondents believed that Biden (the possible Democratic candidate at the time) was the best candidate to boost the economy, 40% of the respondents chose Trump, and 25% of respondents think Kennedy. And now the shift in respondents' vote support for Harris is even broader. If the presidential election were held today, the latest poll found Harris leading Trump by 12 points, 46% to 34%, among young Americans, while 21% said they would vote for another candidate.
According to CNBC’s latest survey data, when respondents were asked what factors would influence their decision on who to vote for, “the economy and cost of living” were mentioned the most, with 66% of respondents ranking it at the top of their list. Three. In second place was "access to abortion and reproductive rights" at 34%, followed by "gun violence/control" at 26%. It shows that economic issues are still the biggest concern for young people.
The poll was conducted between July 22 and 29, when the latest jobs report showed negative indicators, raising fresh fears of a recession. Meanwhile, most polls of all adults, not just young people, still show Trump retaining an edge in which candidate voters trust more to improve the economy. Any more bad economic news between now and November could backfire on Kamala Harris (who has yet to fully signal a different economic policy from Biden) and shift to Trump's America-first safety card.
The survey interviewed 1,043 adults aged 18 to 34 and had a margin of error of 3.0 percent.
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