Despite President Joe Biden‘s effort to turn “Bidenomics” into a positive phrase the public would embrace, most see “Bidenflation” undermining their financial health and future retirement.
Gallup said on Thursday that the number of those who cited inflation as their top kitchen-table concern has hit another record high at 41%.
All three past yearly records have come during the Biden administration, which is planning to raise taxes soon, possibly as high as $14,000 on middle-income households, according to Americans for Tax Reform.
“For the third year in a row, the percentage of Americans naming inflation or the high cost of living as the most important financial problem facing their family has reached a new high. The 41% naming the issue this year is up slightly from 35% a year ago and 32% in 2022.
Read more…
