Majority of Americans Say Inflation Has Caused Financial Hardship – By Madeline Fitzgerald (US News) / Sept 7, 2022
While far more Republicans say rising prices have hurt their families, nearly half of Democrats agree, according to a new survey.
A majority of Americans now say inflation is causing them financial strain, according to a new poll from Gallup.
Fifty-six percent of Americans say that rising prices caused hardships for their families, up from 49% in January, despite signs of stabilizing prices and improving confidence in the economy.
Republicans have tried to pin rising prices on President Joe Biden and Democrats as midterm elections draw near, and the survey showed signs of the partisan nature of the issue. GOP respondents were more likely than Democrats to say that inflation was causing financial strain. Sixty-seven percent of Republicans said that rising costs caused their households to experience financial difficulties compared to 44% of Democrats.
In a Gallup poll released in August, 25% of Republicans listed inflation as their top concern, compared to just 8 percent of Democrats.
