Money

New Poll: More American Voters Say Their Personal Finances Are Worse

We can expect even more gas increases under Biden.

A new survey found that thirty-one (31%) percent of voters nationwide say their personal finances as getting worse.

Just one month ago 26% of voters said their finances were getting worse according to a Scott Rasmussen national survey.

According to federal data, gas prices were down to $1.87 a gallon in late April 2020 under President Donald Trump. After Joe Biden’s inaguration, gas prices reached $2.72 in late February 2021, that was an increase of 45% within about 10 months.

According to AAA, the national average on Tuesday was $3.15, up by 92 cents from a year earlier.

Hurricane Ida will not help. GasBuddy’s Patrick De Haan, predicted gas prices could increase between five to 15 cents per gallon due to the storm.

Only twenty-nine percent (29%) of voters nationwide say their personal finances are getting better. A month ago 31% said their finances were getting better.

The current totals include 10% who say much worse as opposed to last month when 7% said much worse.

Twenty-three percent (23%) now rate their personal finances as poor. That up six points from a month ago and up nine points since April.

This decline in financial confidence comes amidst growing concern about the Biden Administration failed policies and the pandemic. Twenty-five percent (25%) now believe the worst of the pandemic is behind us. That reflects a 31-point decline since May, and is the lowest level of optimism since the vaccines became available.

Looking back, 57% of voters believe that the lockdowns did more harm than good.

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From award-winning Texas author Cynthia Leal Massey.

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