Administration

Poll: Nearly half of Americans think economy is doing well

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Just less than half of Americans believe the economy is doing well under President Trump, a new poll shows.

A CBS News poll, released Sunday, found 48 percent of Americans say the country is doing well economically, compared to 22 percent who say it’s doing poorly. Another 30 percent said it is neither doing well or poorly, according to the poll.

Another 49 percent of respondents indicated they believe the U.S. is run for the benefit of a few elites. By comparison, 28 percent said they believe the country is run for the benefit of the people, while 22 percent said neither, according to the poll, which was conducted Jan. 10-12. The poll had 2,164 respondents and has a margin of error of 2.6 percentage points.

{mosads}Trump plans to attend the World Economic Forum in Davos, Switzerland, later this month, the White House announced last week.

Trump, a billionaire businessman who won the presidency by running as an economic populist, would be one of only two U.S. presidents to ever attend the forum, which brings together powerful politicians and business leaders.

Trump has frequently touted the economy’s performance under his administration, often tweeting out reports of the stock market hitting new highs.

The White House has also balked at suggestions that former President Obama is responsible for the current state of the economy. 

A recent Quinnipiac poll showed 49 percent of respondents gave Obama credit for the current economy, compared to 40 percent who gave Trump credit.

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