Some 78% of Americans blame Donald Trump’s policies for rising prices that are outpacing their earnings, according to a Reuters/Ipsos poll that found majorities of Republicans and Democrats citing the cost of living as their top concern ​ahead of next month’s midterm elections.

57% of Trump’s Republicans said that costs have been growing faster than their paychecks, a stark example of how his pursuit of import tariffs, war with Iran ‌and other policies have clashed with a central 2024 campaign promise to kill inflation and lower prices “on day one.”

Inflation instead has increased, to the point where the US Federal Reserve has pivoted to rate hikes to quell price increases policymakers have attributed to a variety of factors, including rising global energy costs following the start of the Iran war, and the administration’s imposition of aggressive import taxes.

    • jballs@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      24
      ·
      4 days ago

      Actually this is kind of refreshing. I think the usual number is like 35%. We’re making progress!

    • A_norny_mousse@piefed.social
      link
      fedilink
      English
      arrow-up
      8
      arrow-down
      1
      ·
      4 days ago

      Honestly, that’s much less than the last time somebody wrote that.

      But the real percentage we will learn when election results come in.

      • halcyoncmdr@piefed.social
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        1
        ·
        4 days ago

        There are a significant chunk that properly blame him and the Republicans keeping his in power, but will still vote R down the ballot because that’s what they always do.