According to a recent Rasmussen poll, 41% of American adults indicated that their financial situation has worsened over the last 6 months.
By contrast, only 17% indicated that their finances have improved and 38% signaled that their financial situation has stayed roughly the same.
25% believe their personal financial situation will get better in the next six months, whereas 32% project it to worsen and 36% believe their financial situation will stay about the same.
28% said that, over the last six months, they have been late at least once in making key monthly payments, which includes their rent or mortgage, car payment, or utility bills. By contrast, 65% haven’t missed any payments.
25% of white voters, 40% of black voters, and 28% of non-black minority voters have missed at least once major payment in the past six months.
26% of Democrat voters, 16% of Republican voters, and 9% of independent voters revealed that their personal financial situation has improved in the past six months. On the other hand, 36% of Democrat voters, 28% of Republican voters, and 20% of independent voters have been late on a major payment over the last six months.
Americans making over $100,000 annually are more likely to indicate their personal finances have gotten better in the past six months, while a majority of individuals earning less than $50,000 annually say their financial situation has worsened.
Overall, the Biden regime’s maintenance of an easy money system, a massive regulatory state and burdensome taxation have created a situation where economic stagnation has become the norm. This will inevitably put the US on a path to wide scale impoverishment unless genuine liberalization aka abolition of government agencies and central banking becomes the policy norm.
