Donald Trump Has a McApproval Problem
Summary
President Donald Trump has a strong public association with McDonald’s, both personally and in campaign activities. However, McDonald’s business value and Trump’s approval rating have both declined over the past 20 months, but there is no clear link between the two trends.Key Facts
- President Trump regularly uses McDonald’s in his public appearances and campaign events.
- McDonald’s stock price dropped about 14% from January last year to September 2026.
- Trump’s approval rating fell by about 11.5 points in the same period.
- Analysis shows no strong statistical connection between McDonald’s stock price changes and Trump’s approval ratings.
- Both McDonald’s and Trump faced challenges during this time, but their declines seem to be independent.
- Factors like the war with Iran, high fuel prices, and new tariffs have increased costs for Americans during this period.
- Increased tariffs have raised household expenses by roughly $1,100 per year, according to Yale’s Budget Lab.
- The war and tariffs together have added over $1,200 in costs to households, which affects consumer spending.
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