The tax overhaul that Mr. Trump signed into law just before Christmas remains relatively unpopular and highly polarizing, according to a new poll conducted for The New York Times by SurveyMonkey. But support for the law has grown significantly over the past month, and more Americans believe that they will receive a tax cut. Forty-six percent of Americans strongly or somewhat approved of the law in early January, up from 37 percent when the bill was nearing passage in December.
At the same time, falling unemployment, accelerating economic growth and a surging stock market have made Americans increasingly positive about both their own finances and the overall economy. That could be good news for Republicans hoping to overcome Mr. Trump’s unpopularity in the midterm elections.
Michael Moran, a recently retired business executive in Georgia, said the economy in his town an hour north of Atlanta was “red hot.” The job market is so tight, he said, that he can’t even find an electrical contractor to perform repairs on his house.