Americans United in Economic Anxiety Despite Cooling Inflation
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Despite cooling inflation, 70% of Americans say the economy is getting worse and there is rare bipartisan agreement that the economy is struggling.
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High housing costs, student loans, ChatGPT/AI, and general financial uncertainty are making Americans anxious about the economy.
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President Biden touts economic gains like job growth and declining inflation, but many Americans are focused on immediate financial strains.
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Young people are especially pessimistic - 65% of Gen Z and 74% of millennials feel they are starting out behind financially compared to previous generations.
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Lawmakers say financial relief that people can directly feel, not just positive economic indicators, is needed to improve consumer sentiment.