One year into Biden’s presidency, the poll indicated that inflation is one of the most urgent issues for voters, both Democratic and Republican.
65 Percent of Americans Strongly Believed Biden Isn’t Doing Enough
According to a CBS, YouGov poll released on Sunday, 65 percent of Americans believe the Biden administration is not doing well all possible to reduce rising costs, 70 percent of the respondents disapprove of the president’s overall handling of the matter. Furthermore, only 25 percent of the respondents feel Biden’s policies have improved the economy, while 52 percent believe his administration is to blame for all the inflation.
Over the course of Biden’s first year in office, the poll found that inflation is one of the most important issues for both Democratic and Republican voters. Furthermore, according to the study, Biden’s overall approval rating is just 44 percent, a considerable decline from when he took office in January 2021, when he had a rating of over 60 percent.
Inflation Greatly Affected American Citizens Way of Living
Today’s report confirms that we are making headway in lowering the rate price increases, the president stated in a statement. At the same time, this study emphasizes that we still have work to do, with price hike hikes that are still too high and putting a strain on families’ budgets. The consumer price index increased 0.5 percent in December after rising 0.8 percent in November, according to the Labor Department Biden appears to have tried to portray the decreasing rate of growth as a triumph. The increase brought annual inflation to 7 percent in December, the most recorded since June 1882 and up from 6.8 in November.
In a statement, Biden referred to inflation as a global concern and stated that the newest figures were “positive news”, indicating that the monthly pace of price increases reduced in December compared to the previous month.