Biden hit on economy as more say finances poor: AP-NORC poll
More U.S. adults are now feeling financially vulnerable amid high inflation
By JOSH BOAK and EMILY SWANSON
Published - Oct 12, 2022, 12:50 PM ET
Last Updated - Jun 24, 2023, 02:55 AM EDT
WASHINGTON (AP) — More U.S. adults are now feeling financially vulnerable amid high inflation — a political risk for President Joe Biden and his fellow Democrats one month before the midterm elections.
And while a majority of Americans see high prices as beyond Biden's control, they continue to disapprove of his handling of the economy overall.
Overall, 54% say their finances are good in the latest survey. That figure was at least 62% through the global recession caused by the pandemic in 2020, and even in late 2021 and early 2022 as prices began to rise across the country. But inflation's prolonged bite has left the U.S. and wider world facing the possibility of a downturn and, despite solid job growth, more consumers are feeling the pain.