Enthusiasm about the economy has soared but voters still bemoan inflation.
President Joe Biden speaks during a meeting of his Competition Council to announce new actions to lower costs for families in the State Dining Room of the White House in Washington, March 5, 2024.a raft of measures aimed at lowering onerous fees faced by consumers when they miss a credit card payment, overdraft a bank account or book a hotel room.
In a statement, the Biden campaign said it will take efforts to ensure that voters are made aware of the measures aimed at tackling fees. "It's important to have transparency and fairness no matter how good or how bad the economy is – no matter how high inflation is," Murray told ABC News. "But at a time when a lot of folks are dealing with inflation and high food prices, then every dollar does count."
"People ask 'Is this good for the country as a whole?' rather than 'Is this good for me personally?'" Krosnick said. Utpal Dholakia, a marketing professor at Rice University, echoed the point, noting that many of the fees occur less frequently than common household expenses. "To the extent that you're politically engaged and a Democrat, you'll obviously look at these actions in a positive light," Dholakia said. "If you're a Republican or independent, your reaction will be more muted."
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