Nearly half of Americans struggling because of inflation spike: poll

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Nearly half of Americans struggling because of inflation spike: poll
InflationPollsSwing States 2024
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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

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