U.S. Economy Strong But High Inflation Fuels Pessimism and Uncertainty Heading Into 2024 Election
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The U.S. economy is strong by many measures, but Americans remain pessimistic about their finances and the overall economy.
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Inflation has come down but remains high compared to pre-pandemic levels, eroding purchasing power.
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Consumer spending remains robust even as consumer sentiment sags, puzzling economists.
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Both parties are betting voter malaise about the economy will impact the 2024 election, despite other issues emerging.
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It's unclear if dour economic views will translate into voting behavior as the election nears; much can change in a year.