Trump’s Approval Rating Is Supposedly Only 37 Percent, But Small Business Optimism Just Hit The Highest Level In 12 Years

Wednesday, January 11, 2017
By Paul Martin

By Michael Snyder
TheEconomicCollapseBlog.com
January 10th, 2017

A Quinnipiac University Poll that was released on Tuesday says that Donald Trump only has an approval rating of 37 percent. Meanwhile, that same survey found that Barack Obama currently has an approval rating of 55 percent. Of course considering the fact that Quinnipiac polls showed Hillary Clinton winning the election in November easily, perhaps we should not put too much stock in these results. But other polling organizations have come up with similar results. In fact, an average of nine recent polls indicates that Trump’s approval rating is somewhere around 42 percent. So without a doubt there are a whole lot of people out there that do not like Donald Trump.

But the business community sure seems thrilled with him. We just witnessed one of the greatest post-election stock market rallies in American history, numerous corporations have already announced that they will be bringing jobs back to the United States, and Bloomberg is reporting that small business optimism has hit the highest level that we have seen since the end of 2004…

Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election.

The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy, the Washington-based group said.

On the surface, all of these numbers appear to be contradictory. If the American people are not feeling good about our new president, then it doesn’t make a whole lot of sense that the small business community would be so optimistic.

But of course the American people are not a single monolithic entity in 2017. We are a deeply, deeply divided nation, and Donald Trump is the single most polarizing political figure to come along in generations.

Those that love Trump tend to really love Trump, and most of those people are quite optimistic about the future.

And those that hate Trump tend to really hate Trump. Yesterday, I explained that the radical left wants to transform Inauguration Day into an epic riot, and many of his opponents are planning to spend the next four years doing whatever they can to destroy him.

Just look at what happened today. The top story on CNN was about how the Russians supposedly have “compromising personal and financial information” on Donald Trump that they can use to blackmail him…

The Rest…HERE

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