Posted on 04/15/2022 1:38:14 PM PDT by blam
A plurality of Americans expect inflation to worsen over the course of the next six months, a survey from YouGov/The Economist found.
This week, the Labor Department revealed that U.S. inflation jumped 8.5 percent over the course of the last year — the highest increase since 1981. Americans have been feeling the change at the grocery store and gas pump, as many say increased prices have forced them to change their behaviors, even cutting back on groceries in order to pay for gas in President Biden’s America. And according to the latest YouGov/The Economist survey, many expect it to only get worse.
A majority believe inflation will be either worse or the same six months from now. Forty-three percent, specifically, think there will be an even higher rate of inflation, while 24 percent say it will be the same.
Confidence in inflation decreasing over the next six months is low, as just 14 percent said there will be a lower rate of inflation at that point. Eighteen percent remain unsure.
The American public does not believe inflation will prove transitory. https://t.co/oEAYHy0W4I
— Breitbart News (@BreitbartNews) October 12, 2021
Opinions are scattered on party lines, as 60 percent of Republicans predict inflation will be worse six months down the road — a sentiment shared by 49 percent of independents and 26 percent Democrats. However, about a quarter from each group — 26 percent of Democrats, 24 percent of Republicans, and 24 percent of independents — believe inflation will be the same at that point. Democrats are the most optimistic of all groups, as 25 percent say there will be a lower rate of inflation, compared to six percent of Republicans and ten percent of independents who say the same.
(snip)
(Excerpt) Read more at breitbart.com ...
And be assured, the WH circle-jerk of blame will still be revolving......
DEM Party extinction is my current favorite dream.
When you expect inflation, you begin to build it into a deal made that spans any length of time. Hence, you get more inflation.
6 months?
How about 3.
Nothing is being done to STOP the rising tide of inflation, or more exactly, stagflation. Worse than even the nightmare of the Carter regime.
They intend to let us bastards out here freeze in the dark. And six months from now, that shall be upon us.
Wait…half the democrats think inflation will be the same or LESS in 6 months?
Sometimes I wish I lived on their planet…
There are people who think it won’t be worse?
“Hold my ice cream” - Joe Biden.
That child sniffing monster is just getting warmed up. Just wait until he finishes his second term.
I saw an article a couple of weeks ago suggesting that the 2023 Social Security COLA will be around 7.8%.
If inflation continues at the current or even higher rate that SS increase will again fall short of real inflation. And, the Medicare part B premium will likely increase.
Inflation, aka “Putin’s Price Hike”.
Should maybe strike?
Everyone should not buy anything for a week.
We’re so damn hopelessly....divided.
Which will eat up the increase of the rate increase by Social Security. So those receiving SS will be in the Negative again.
Only coming from Biden’s lying mouth
Inflation is based on the cost of rent, cost of food, cost of goods,gas,cars,healthcare and clothing here in America. When things like that go up then we have inflation.
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