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A favorite polling firm is TIPP Insights, which has been conducting public opinion surveys such as the IBD/TIPP poll for about 30 years. I follow their work closely. Their polling of the 2016 presidential election (Trump v. Hillary) was spot on.
This weekend, they published the results of a new survey that should scare incumbent Democratic officeholders on the ballot on November 8th, at least the ones (all of them in Congress) who voted to hose the economy with over $5 trillion in inflationary spending over the past two years and are still at it (and that’s not counting the trillions spent during the pandemic when the Trump Administration shut down the economy). Our money supply (M2) has grown more than 40 percent since February 2020. Even most Democrats blame Biden’s policies for runaway inflation. Yelling “Donald Trump!” and “Abortion!” and other shiny objects isn’t going to save them.
“…Inflation is taking its toll and not sparing anyone,” TIPP concludes their analysis of their latest survey. “Americans are coping in various ways, including cutting back on food, driving, etc. Real wages have fallen for 17 months in a row. The average American household spends $5,400 a year due to inflation. With many Americans living paycheck to paycheck, finding the extra cash to pay is a big challenge.”
And it’s not just TIPP expressing their opinion. The Congressional Budget Office (CBO) agrees. “Inflation has cut into the finances of the middle class more than that of low- and high-income households, according to a CBO report from Sept. 22,” reported the Epoch Times.