Do ya?
Financial Times/Michigan Ross poll, May 30 - June 3 (Link to Box hosting it)
How would you describe your current financial situation?
16% Living comfortably
31% Meet expenses with a little left over
30% Just Meet Expenses
24% Have trouble meeting expenses
Since Joe Biden has become President, would you say that you are financially…
BETTER OFF (NET): 20%
WORSE OFF (NET): 51%
Over the past month, which THREE of the following have been the biggest sources of financial stress for you, personally?
Price increases: 78%
Your income level: 49%
Rent: 30%
Thinking about price increases, where are they having the biggest impact on your own financial situation right now?
Food: 74%
Everyday necessities like household supplies: 56%
Gas: 55%
Interestingly, 58% of respondents primarily blame “Large corporations taking advantage of inflation” for price increases and only 39% blame “Democratic policies” so it seems less an issue of “OMG Misinformation” and more “We know what’s wrong and Biden is weak on fixing it”.