Most Americans Say We’re In A Recession—And Blame BidenJohn Carney 22 May 2024
Most Americans say the U.S. is currently in an economic recession and the majority blames mismanagement by President Joe Biden.
Released on Wednesday, a Harris poll conducted for the Guardian newspaper indicates that nearly three in five Americans believe the U.S. is currently in an economic recession. A majority of respondents, 58 percent, attribute the perceived economic issues to what they see as mismanagement by the Biden administration.
Fifty-five percent of respondents think the economy is shrinking, and 56 percent believe the U.S. is in a recession, despite government reports that the economy has been growing since the second half of 2022.
The results are not just a reflection of political partisanship. While Republicans are more likely to say we’re in a recession, nearly half of Democrats also say we’re in a recession. The poll found that 67 percent of Republicans say the U.S. is in a recession, as do 49 percent of Democrats and 53 percent of independents.
The poll also highlights significant concern about inflation, with 72 percent of respondents indicating that rising prices are a major worry. And the concerns cross party lines. Eighty percent of Republicans say inflation is rising, as do 74 percent of independents and 60 percent of Democrats.
“What Americans are saying in this data is: ‘Economists may say things are getting better, but we’re not feeling it where I live.’ Unwinding four years of uncertainty takes time. Leaders have to understand this and bring the public along,” John Gerzema, CEO of the Harris Poll, told the Guardian.
more
https://www.breitbart.com/economy/2024/05/22/most-americans-say-were-in-a-recession-and-blame-biden/
