Poll: Half of Americans Say They’re Worse Off Than a Year Ago
Americans were worse off in the Great Recession. This woman shops at a supermarket, as rising inflation impacts consumer prices in Los Angeles. REUTERS/Lucy Nicholson
50 percent of Americans feel worse off financially than they did a year ago. According According to a Gallup poll, Wednesday was a good day.
Gallup observed that this kind of negative response is uncommon, as they have been asking the question since 1976. The last time so many Americans said they were worse off was during the Great Recession in 2008 and 2009.
By contrast, only 35 percent said they’re better off this year—a result suggestive of “challenging economic times,” According to the pollster.
These are the findings “follow a year of persistent high inflation” With President Joe Biden “the highest inflation rates since 1982.” Biden’s inflation has reached new heights. Egg prices are also on the rise. Skyrocketing Experts: 60% Widely Expected a stock market collapse.
Biden tried to put a smile on economic worries by claiming that inflation is under control during Tuesday’s State of the Union address. “coming down.”
All income levels say they are worse off but low-income Americans feel that the weak economy has made them more vulnerable. Sixty-one per cent of respondents with low incomes said they are worse off than last year. Their situation could worsen in the coming year: IRS has received $80 Billion in new funding from Biden. IRS audits poorer Americans five times more often, according to the Washington Free Beacon Has reported.
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