Almost 80% of Americans say that inflation is impacting them personally, a new poll shows, with 57% blaming President Joe Biden.
The Yahoo News/YouGov poll also found that inflation was the top issue on Americans’ minds, with 17% saying so. Additionally, just a small minority of Americans, 18%, say that Biden is doing enough to address inflation, which is at its highest rate in decades.
Prices jumped 6.2% since last October, the highest rate in three decades. Contributing to the spikes is the increased demand for goods as the United States emerges from the COVID-19 pandemic, which has led to supply chain bottlenecks and product shortages ahead of the holiday season.
Just over 50% of Americans said that they were concerned that they “won’t be able to afford what they need during the holidays due to inflation,” while 45% said that they “won’t be able to get what they need” because of shortages, the poll showed.
Poll results also placed Biden’s approval rating at 43%, mirroring other recent polls that reflect a decline since mid-August.
Despite growing concerns over inflation, blame is largely split along party lines. While 73% of Republicans blamed the president for price spikes, 48% of Democrats blamed the pandemic and 29% blamed former President Donald Trump, according to the poll.
The poll was conducted from Nov. 17-19 among 1,696 American adults, and it has a margin of error of 2.6 percentage points.
Check out Tampafp.com for Politics, Tampa Local News, Sports, and National Headlines. Support journalism by clicking here to our GoFundMe or sign up for our free newsletter by clicking here. Android Users, Click Here To Download The Free Press App And Never Miss A Story. It’s Free And Coming To Apple Users Soon.