Nearly half of Americans struggling because of inflation spike: poll

  • 📰 nypost
  • ⏱ Reading Time:
  • 42 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 67%

US News News

Inflation,Polls,Swing States 2024

Nearly half of Americans report that the recent spike in inflation is making it harder to make ends meet, according to a new poll.

Monmouth University released a poll Wednesday showing 46% of Americans are “currently struggling to remain where they are financially.”Prices have risen about 20% since Biden took office, a huge increase across all kinds of goods and services.Now, inflation is rising much slowly than the breakneck pace earlier in Biden’s term.

“That’s the metric that has really mattered to many Americans over the past two years. Economic concerns may not be the top motivating factor for all voters but it defines the contours of this year’s election.”That figure is the highest point recorded by this pollster since President Joe Biden took office and far higher than during his predecessor’s term.Whether that slowing is a blip on the radar or a turning point remains to be seen.

“It is true that voters who feel more comfortable with their economic situation are likely to support Biden. But despite continued Democratic efforts to tout rosy economic indicators, the tactic of telling financially pessimistic voters they should feel differently does not appear to be working.”Billy Joel reacts to Justin Timberlake’s DWI arrest near his Hamptons home

Inflation Polls Swing States 2024

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nearly 80% of Americans now consider fast food a 'luxury' due to high pricesAmericans say they are scaling back on their fast food intake, and the vast majority considers those on-the-go meals as a luxury due to high prices, a new survey reveals.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Nearly half of Asian Americans, Pacific Islanders in Texas lack medical access, study saysA growing number of Asian Americans and Pacific Islanders are struggling to access health care in Texas. It's a problem that could become worse unless more...
Source: dallasnews - 🏆 18. / 71 Read more »

Americans keeping cars longer amid rising new vehicle costs, hits nearly 13-year highAmericans are holding onto their cars longer now than ever, mostly because of high prices.
Source: News4SA - 🏆 251. / 63 Read more »

ACEs Affect Nearly Two-Thirds Of Americans — So Why Aren’t We Talking About It?R29 Entertainment Director Melissah Yang chats with California Surgeon General Dr. Nadine Burke Harris about the long-lasting physical/mental effects of Adverse Childhood Experiences (ACEs) and strategies to live beyond it.
Source: Refinery29 - 🏆 26. / 68 Read more »

Nearly two-thirds of middle-class Americans say they are struggling financially: 'Gasping for air'A new survey published this week found that a majority of middle-class Americans are feeling pessimistic about their finances as they face high inflation.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Nearly two-thirds of middle-class Americans say they're 'struggling financially': pollA majority of middle-class Americans are “struggling financially” and expect that to continue for the rest of their lives, according to a new poll.
Source: KTVU - 🏆 465. / 53 Read more »