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Americans suffer from inflation in Joe Biden’s America

Joe Biden, Republicans, Gallup, United States

Economy

Americans suffer from inflation in Joe Biden’s America

Joe Biden’s policies since he took office have allowed inflation to surge in the United States, with gasoline prices up by more than a dollar a gallon across wide regions, food more costly and even consumer items demanding higher prices because of those increases in transportation costs.

Now a new poll from Gallup confirms what consumers already know all too well: it’s causing hardship for them.

The poll revealed that Biden’s inflation is causing “hardship” for nearly half of the nation’s population – 45% to be exact.

And it hits hardest at those who can least afford it, the poll reveals.

Seventy-one percent of households with income of less than $40,000 are suffering hardship as well as 47% of those households with income from $40,000 to $99,999.

Even 29% of those households with income above $100,000 are feeling the pinch.

Interestingly, while 53% of Republicans reported facing those hardships, only 37% of the Democrats, those from Biden’s own party, reported the same.

The survey confirmed that 10% of the respondents said the inflation was to the point of “threatening their current standard of living.”

Gallup explained, “As the peak of holiday shopping approaches and winter temperatures drive up heating costs across the U.S., 45% of American households report that recent price increases are causing their family some degree of financial hardship. Ten percent describe it as severe hardship affecting their standard of living, while another 35% say the hardship is moderate.”

The report continued, “Twenty-eight percent of lower-income Americans describe the hardship they are experiencing as severe and affecting their ability to maintain their current standard of living.”

Even nearly one in three respondents with a college degree reported experiencing financial hardship.

Gallup explained, “Rising prices are expected to persist, meaning more Americans are likely to report hardship and those most vulnerable are likely to see things get worse before they improve.”

Part of the problem stems from Biden’s own decisions, immediately upon taking office, to cancel various pipeline projects and drilling options that could have brought energy to Americans at much lower costs than the imported oil from OPEC.

Content created by the WND News Center is available for re-publication without charge to any eligible news publisher that can provide a large audience.

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