Despite the left’s sudden insistence that the midterm elections become a referendum on reproduction, Americans are beginning to obsessively fret over the economy.
Joe Biden’s economic policies have continued to fail the nation at large, and inflation continues to soar in spite of the President’s “Inflation Reduction Act” becoming law. As it stands today, the Consumer Price Index tells us that America is experiencing the worst case of inflation in over four decades, with little chance for reprieve in the next few weeks before we head to the ballot box.
With prices rising nearly across the board, it’s getting harder to pay for basic necessities, causing some Americans to fall behind.
To that point, 32% of adults have paid a bill late in the past six months, according to a recent report by LendingTree — and 61% of them said it’s because they didn’t have the money on hand to cover the cost.
About 40% said they are less able to afford their bills compared with one year ago, the report found. Most said they fell behind on a utility bill, credit card payment or cable or internet bill.
The discontent was palpable.
“Life is getting more expensive by the day, and it’s shrinking Americans’ already tiny financial margin for error down to zero,” said Matt Schulz, LendingTree’s chief credit analyst.Advertisement - story continues below
“Unless they’ve been able to increase their income, millions of Americans have had to make sacrifices because of inflation to pay the bills,” he added.
Other experts were sounding the alarm as well.
“Americans must create a contingency plan to handle not only increasing interest rates but also high prices on basic necessities,” said Allen Amadin, president and CEO of American Consumer Credit Counseling.
The next time the Democrats try to throw abortion in the nation’s face in regard to the midterms, just take a look at your wallet before you vote.