Biden's Booming Economy Sours with High Inflation and Low Confidence
-
The U.S. economy is booming with strong growth, low unemployment, and rising wages, but high inflation is souring Americans' views.
-
Inflation has fallen from its peak but remains high at 3.7%, driving up costs for necessities like food, housing, and gas.
-
Americans have amassed trillions in savings during the pandemic but are quickly spending it down as inflation persists.
-
Biden's policies have spurred over $1 trillion in infrastructure investment, but linking those improvements directly to his administration has been a messaging challenge.
-
Despite economic gains, 81% of voters in battleground states say the economy is only fair or poor, and 59% trust Trump more than Biden on the economy.