Inflation Is Taking a HUGE Toll on Presidential Election
May 26, 2024
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12:21Now PlayingInflation Is Taking a HUGE Toll on Presidential Election
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as posted by the channelA brand new survey from the Federal Reserve is showing that a majority of Americans are struggling to get by. Ana Kasparian discusses on The Young Turks. Your Support is Crucial to the Show
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"Inflation may have slowed last year, but it continued to deal heavy blows — some devastating — on Americans’ livelihoods: Nearly two-thirds of US adults were worse off because of it, and roughly 1 in 6 couldn’t pay all their monthly bills, new Federal Reserve data shows.
The Fed on Tuesday released its Economic Well-Being of US Households report for 2023, examining the financial lives of US adults and their families. The report found that 72% of adults surveyed said they were “doing okay” financially. That’s a tick lower than last year but well below the high of 78% hit in 2021 (and still above the record low of 62% in 2013)."
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