Economy
More Americans Seriously Concerned About Inflation Than Think Earth Is Round
A new poll found that 95% of registered American voters believe that inflation is a “somewhat serious” or “very serious” issue, which is more than the percentage of Americans who believe that the Earth is round.
The Harvard CAPS/Harris poll asked 2,000 registered voters from May 18-19 a series of questions on President Biden’s performance.
When asked, “Overall, how serious of an issue do you think inflation is for the country right now?” 27% of voters said “somewhat serious” and 68% of voters said “very serious.”
According to a 2017 national poll by Public Policy Polling, 7% of Americans either believe the Earth is flat or are not sure – meaning that it is a more outlandish belief to be unconcerned about inflation in the United States than it is to believe that the Earth might be flat.
The inflation crisis began shortly after Biden took office and steadily climbed to the highest rate in 40 years. Due to record high inflation, the real wages of American workers have fallen throughout Biden’s presidency. According to a report from the Bureau of Labor Statistics, the “Real average hourly earnings decreased 2.6 percent, seasonally adjusted, from April 2021 to April 2022. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 3.4-percent decrease in real average weekly earnings over this period.”
The April report showed that “this is another upward inflation surprise and suggests that the deceleration is going to be painstakingly slow,” said Seema Shah, chief strategist at Principal Global Investors, according to CNBC.
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teresa
May 28, 2022 at 11:34 pm
biden the ridiculous, silly old weasil – a danger to this country – can’t believe he is still standing. Please President Trump get back here asap you are the real president
Jim Morris
May 29, 2022 at 1:01 pm
Biden is an unmitigated disaster. This dementia-ridden empty suit has single handedly driven the economy to 1932 levels, incited violence and instilled divisiveness. Inflation, energy, ‘the border’, Afghanistan, everything he touches turns to… fill in the blank.
Bill McCallister
May 29, 2022 at 3:05 pm
I personally blame Biden’s administration for this devastating inflation, awful food prices and gas prices higher than at any time in my 76 years. Biden has unconstitutionally terminated valid contracts and wants to terminate contracts that students made for loans. He does not have the legal authority to that.
Robert w Coad
May 29, 2022 at 4:39 pm
BIDE FLATION IS REAL
jim
June 11, 2022 at 11:07 am
This CREEP Joe “the Joker” Biden look like the Joker from Batman.