Nearly two thirds of U.S. adults say their incomes are falling behind the cost of living, and grocery bills have surpassed mortgage repayments for some, as the economy remains a key issue for voters in the upcoming midterm elections.
Recent polling by NBC News found that 63 percent of voters say they could not make ends meet because their incomes were not keeping up with higher living costs, while 58 percent disapproved of the Biden administration’s economic policies.
Still, the survey of 1,000 adults found that President Joe Biden’s approval rating had risen to 45 percent, and his Democratic Party was making gains against rival Republicans, driven by voter anger over women’s restricted access to abortions.
The survey comes as Americans faced another month of economic hardship. While average gas prices have dipped to $3.67 per gallon, the pain is being increasingly felt at grocery store checkouts.
U.S. consumer prices unexpectedly rose in August, with an 8.3 percent increase against the previous year, and underlying inflation accelerated amid rising costs for rents, healthcare and food.
www.dailymail.co.uk/news/article-11232391/Two-thirds-voters-say-incomes-falling-cost-living.html