Poll: Vast majority of Americans are worried about rising inflation under Biden

Polling found that an overwhelming majority of Americans are deeply concerned that rising inflation in the United States will continue under President Joe Biden, according to The Washington Examiner.

A whopping 88% are concerned that inflation is not only out of control, but that it will continue to climb under the current administration, adding instability to the economy.

Despite the White House’s conflicting signs about inflation projections, according to the Examiner, projections shared with Secrets from the Statista Research Department the inflation rate will likely increase at about 2.5% through 2024 and begin “tapering off” by 2026.

The rate is It’s currently at about 5.4%. However, according to the poll, the American people are starting to feel the widespread effects of the depreciation of the dollar.

Currently, Americans are paying 45% more for gas, 44% more for fuel oil, 5.6% more for milk, and even 8.4% more for bacon.

WashingtonPost Economics Correspondent Heather Long shared a list of items with the worst inflation rates, including car rental at 87.7 percent, Used cars at 45.2 percent, and laundry machines at 29.4 percent.

https://twitter.com/byHeatherLong/status/1414929603160854531?s=20

These steep increases in prices have politicians pushing back against the president causing the hashtag #Bidenflation to “trend” on Twitter.

Additionally, a new Skynova survey showed that 61 percent of Americans believe that inflation will hurt them overall, especially impacting the very young, very old, and those with middle incomes. Even more impressive is the 83% of people who are at a minimum, somewhat concerned about the problem.

However, despite the thoughts and concerns of their constituents the Biden administration and Democrat lead House and Senate are pushing $6 trillion in spending on a range of issues from healthcare benefits to immigration and infrastructure.

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JulieCarter (@guest_1276303)

#1276303

1 year ago

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#1276304

Reply to JulieCarter

1 year ago

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RosieWalters (@guest_1276365)

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Reply to JulieCarter

1 year ago

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#1276419

Reply to JulieCarter

1 year ago

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#1276330

1 year ago

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Reply to Stephen Russell

1 year ago

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Jo (@guest_1276381)

#1276381

Reply to Stephen Russell

1 year ago

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Reply to Stephen Russell

1 year ago

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1 year ago

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1 year ago

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