- A new poll shows 77 per cent of American voters feel the affects of inflation going into the holiday season
- Another 57 per cent of respondents blame Joe Biden for the inflation crisis
- Prices have surged 6.2 per cent since October 2020 – a rate of growth not seen in the last three decades
- At the pump, prices of a gallon of gas have reached upwards of $4 and $5 in some ares of the country
More than two-thirds of Americans are worried inflation will affect their winter, with 51 per cent concerned they ‘won’t be able to afford what they need during the holidays,’ a new poll reveals.
A Yahoo/YouGov survey taken the week before Thanksgiving shows 77 per cent of Americans feel inflation is affecting their lives – and 57 per cent blame it on President Joe Biden.
Among Democratic voters, 25 per cent say Biden is not doing enough to address inflation and another 39 per cent say they aren’t sure. This means that 64 per cent of the president’s own party don’t have much confidence in his response to the inflation crisis.
Inflation is hitting three-decade highs in the midst of a supply chain issue exacerbated by worker shortages. From October 2020 until now, prices overall in the U.S. have soared by 6.2 per cent.
The new poll comes as Biden faces record low approval ratings – sitting regularly in the low 40s.
A new NPR/Marist poll put out Wednesday shows the president at 43 per cent approval as his slump continues. This was the lowest approval for Biden since the poll started tracking it when he took office.
In the Yahoo/YouGov poll, Biden’s approval rating on his handling of the economy was at just 40 per cent – lower than his overall approval.