A new poll has revealed 59 percent of American voters blame President Joe Biden for the nation’s increased inflation.
The Politico/Morning Consult survey said on Wednesday included 39 percent of voters who believed the Biden administration was “very responsible” for inflation and 20 percent believed the Biden administration was “somewhat responsible.”
Only 28 percent of those polled agreed were either “not too responsible” or “not responsible at all” for rising inflation.
Along party lines, 82 percent of Republicans blamed Biden, while 41 percent of Democrats agreed.
Expectations about the future varied greatly. The survey noted, “The share of those who expect the economy to get worse is highest among Republicans at 61 percent, while 38 percent of independents and 17 percent of Democrats said the same.”
June ended with a 5.4 percent increase in consumer prices. According to the Department of Labor, the rate is the highest since 2008.
A variety of factors may be involved, including the pandemic and supply chain shortages. However, after six months in office, Biden can no longer easily blame Trump for what has taken place during his own term.
Instead, the Biden administration is pursuing spending deals to pump trillions of dollars into the economy. If successful, the move will provide a temporary fix, but will increase the nation’s debt and add to long term financial concerns for the nation.