You think you earned your raise and you think inflation is unfair: New economic paper sums up Biden’s dilemma
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Despite the economy performing well, Americans are pessimistic about it. Inflation remains a top concern for voters, with many blaming the government for it. A new study reveals that people attribute their pay increases to job performance rather than inflation. Only half of the respondents could correctly define inflation. There is a disconnect between the general public and economists in understanding economic concepts. Americans are more worried about inflation than ever, which poses a challenge for the Biden administration. The top issue facing the nation, according to a poll, is inflation/prices. The study suggests that reelection may depend on the 10% of respondents who blame 'the system.'

#Economy #Inflation #JoeBiden #Poll #Study

https://fortune.com/2024/04/09/why-economy-negative-sentiment-inflation-joe-biden/