Poll: GOP optimism on economy soars after Trump win

Poll: GOP optimism on economy soars after Trump win
© Getty Images

President-elect Donald TrumpDonald John TrumpZuckerberg launches public defense of Facebook as attacks mount Trump leaning toward keeping a couple hundred troops in eastern Syria: report Warren says making Israel aid conditional on settlement building is 'on the table' MORE’s victory has Republicans feeling vastly better about the economy, according to a Gallup poll released Tuesday. 

Between Nov. 9 and 13, the five days following Trump’s win, 49 percent of Republicans polled by Gallup said they think the economy is getting better. Only 16 percent of Republicans polled from Nov. 1 to 7 said the same thing.

More than 80 percent of Republicans polled before the election said they thought the economy was doing worse. That dropped to 44 percent after the Nov. 8 vote.

Republicans were also sunnier on the current state of the economy after the election. While 16 percent polled before the election said the economy was in “excellent” or “good” shape, 21 percent said so after the election.

Democrats were less optimistic after Democratic nominee Hillary ClintonHillary Diane Rodham ClintonClinton trolls Trump with mock letter from JFK to Khrushchev Trump-Graham relationship tested by week of public sparring Sunday shows — Mulvaney seeks to tamp down firestorm over quid pro quo comments, Doral decision MORE’s shocking loss. While 61 percent said they approved of the direction of the economy before the election, 46 percent said so after. And Democratic positivity on the current state of the economy has dropped from 42 percent to 34 percent.

Stocks boomed after Trump’s win, as rising financial and energy stocks led the Dow Jones industrial index to record highs and its best week since 2011. Beyond that, there was little fundamental change in the economy, and Gallup said the state of the economy is often viewed through one’s political beliefs.

Another Gallup poll gave President Obama a 57 percent approval rating, his best since late December 2012.