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US President Donald Trump waves as he walks to Marine One prior to departing from the South Lawn of the White House in Washington, DC, May 8, 2019, as he travels to Florida to visit Tyndall Air Force Base and hold a Make America Great Again rally.

(Saul Loeb/AFP/Getty Images)

Wow: 71 percent of ALL voters rate Trump economy 'good' or 'excellent' — highest in almost 18 years

But has it helped his job approval? Well…

The new Quinnipiac University National Poll released Tuesday had a lot of interesting numbers, particularly on the topics of the economy and approval ratings. Not just for President Donald Trump, but for the 2020 Democratic contenders, too.

With regard to the economy, America is doing very well by the numbers. On the question of whether respondents would rate the economy as "excellent, good, not so good, or poor," the top two ratings came out way on top — and it wasn't even close.

Twenty-two percent rated the economy as excellent, and 49 percent said it was good. That's a dramatic 71 percent giving the economy a thumbs-up. It's "the highest total number for American voter attitudes on the economy in almost 18 years," Quinnipiac reported.

More telling than that, while Republicans rated the economy as "excellent" by over half, as may be expected, the Democrats result was a surprising 51 percent calling it "good" and 3 percent choosing "excellent."

So 54 percent of Democrats rated the Trump economy as good or better.

And another great note for the president: 52 percent of voters said they're better off financially today than they were in 2016. That means, over half the respondents said they're doing better now specifically since the Trump era began.

Now, that doesn't necessarily translate into good job approval numbers, as Quinnipiac's summary notes. "American voters give Trump mixed grades for his handling of the economy as 48 percent approve and 45 percent disapprove," it reads. "He gets negative grades for handling other issues."

His 38-57 percent job approval rating is an overall negative, and down compared to a negative rating of 41-55 from May 2.

From Quinnipiac:

The nation's economy is pretty darn good and President Donald Trump's approval numbers are pretty darn awful," said Tim Malloy, assistant director of the Quinnipiac University Poll. "So what to make of the good news, bad news mashup and how to correct it?

For the moment, the disparity leaves the president on shaky re-election ground.

Joe Biden, on the other hand, enjoyed the only positive numbers in the entire poll, at 49-39 percent favorability. New York City Mayor Bill de Blasio had the ignominious honor of worst place, at an impressively 8 percent positive to 45 percent negative.

In fact, de Blasio did so poorly in the poll he was not only rated lower than President Trump, he was the least popular Democrat in a field of candidates large enough for a pick-up game.

It's great news for the economy, and that will certainly count in favor for Trump and Republicans in 2020, but the question of whether it counts enough, or offsets the many negatives, remains to be seen.

The Quinnipiac University Poll's assistant director Tim Malloy addressed the expectations question.

"The nation's economy is pretty darn good and President Donald Trump's approval numbers are pretty darn awful," he said with maybe a hint of overstatement. "For the moment, the disparity leaves the president on shaky re-election ground."

But it ain't hurting it. Then again, it isn't bad news for Democrats that even the stellar economic numbers aren't pushing his approval or re-election polling numbers any higher.

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