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January 2024

Economic Shock: 2/3 Of Voters Live ‘Paycheck To Paycheck’ Under Biden: I&I/TIPP Poll Terry Jones

https://issuesinsights.com/2024/01/31/economic-shock-2-3-of-voters-live-paycheck-to-paycheck-under-biden-ii-tipp-poll/

Democratic politicians seem befuddled by the general lack of respect for what they believe are the accomplishments of Bidenomics. But they shouldn’t be. Because, despite some rebound in the economy since the COVID shutdown, Americans continue to struggle.

While the U.S. remains a wealthy country compared to others, nearly two-thirds of Americans say they are “living ‘paycheck to paycheck’ these days” in the latest I&I/TIPP Poll, conducted from Jan. 3-5 from among 1,401 registered voters. The poll has a +/-2.6 percentage point margin of error.

This shocking result comes as some on Wall Street and many politicians applaud recent data showing solid growth in the fourth quarter, along with a slowing rate of inflation.

What’s equally surprising is that the public’s concern is bipartisan, with 63% of Democrats, 67% of Republicans, and 62% of independents saying they’re just scraping by each payday.