Inflation is a devastating, demoralizing phenomenon that this country has not experienced in decades. If it continues, President Biden can expect a tremendous political problem
According to a new poll by Politico and the Morning Consult:
59% of registered voters hold Biden’s economic policies responsible for the 13-year high in inflation in the United States, compared with 53% who point to Americans’ return to pre-pandemic behaviors.
Expectations for price increases in travel, used cars and home improvement have grown significantly from the beginning of the year, per Morning Consult Economic Intelligence data.
Nearly 2 in 5 voters expect the U.S. economy to get worse in the next year, including 61% of Republicans and 38% of independents.