Abstract: As the U.S. election approaches, Trump's approval rating has dropped to a new low, mainly due to his poor performance in epidemic prevention and control. In the fight against the new crown epidemic, the United States has "lost" to Europe. The problem that follows is that the United States' economic recovery is expected to lag behind Europe.

As the US election approaches, Trump's approval rating has dropped to a new low, mainly because of his poor performance in epidemic prevention and control. In the fight against the new crown pneumonia epidemic, the United States has "lost" to Europe. The problem that follows is that when the epidemic rebounds, the US economic recovery is expected to lag behind Europe.

Trump poll approval rate drops to new low

The U.S. election will be held in November, but Trump's approval rating is falling during a critical period. A new opinion poll shows that due to the surge in infections everywhere, popular support for President Trump's handling of the new crown virus pandemic has dropped to a new low.

A survey conducted by the Associated Press and the NORC Public Affairs Research Center found that only 32% of Americans said they support the president's response to the new crown epidemic, a 12-point drop compared to the same survey released in March.

Since March, the president’s satisfaction with economic issues has also shown a gradual decline. Forty-eight percent of respondents said they agreed with Trump's handling of the economy during the pandemic, down from 56% in March.

Overall, only 38% of Americans said they approve of the president’s performance in the White House. Partisan opinions are clearly divided, with 81% of Republicans expressing support for Trump's work performance.

At present, the spread of the epidemic in the United States is still very alarming. The cumulative number of confirmed cases has reached 4.37 million. The rebound of the epidemic has caused many places to pause and restart, and the US economic recovery has been severely affected.

Anti-epidemic recovery Europe has taken the lead!

Beginning in March this year, the new crown epidemic broke out in the United States and Europe. After months of epidemic prevention, Europe has led the United States. Compared with Europe, the United States’ failure to contain the epidemic prevented the economic rebound. In Europe, many previously hardest hit areas have managed to resume economic activity without causing a similar surge in infections.

People believe that the virus will no longer get out of control, and such confidence is vital to economic recovery. The relative success of Europe may encourage consumption and corporate investment, thereby further driving demand and growth. At least until now, Europe has done a better job protecting jobs and incomes, keeping millions of workers paid through vacation programs.

JPMorgan Chase recently pointed out that Europe will do better in terms of economic recovery because it has "broken the chain linking the mobility of people to the virus." In addition, the Goldman Sachs Group cited effective virus control as one of the reasons why it expects that “compared to other regions, the euro zone will rebound faster and more smoothly”.