CORTE MADERA, CALIFORNIA - MARCH 31: Shoppers carry shopping bags as they walk through The Village at Corte Madera on March 31, 2022 in Corte Madera, California. According to a report by the Commerce Department, inflation is taking its toll on the economy with consumer spending inching up a weak 0.2 percent in February compared with a 2.7 percent jump in January.

Poll: 2/3rds Of Americans Experiencing ‘Hardship’ Over Inflation

The rising cost of gas, food, and other goods has made life harder for nearly 2/3rds of Americans. This is according to a CBS News Poll. 66% of respondents said higher prices have been “difficult or a hardship” for their families. 26% said higher prices were an “inconvenience”, while 8% said it had no effect on their lives. Overall, 63% rated the U.S. economy as ‘Bad’, even though 56% rated the local job market as ‘Good’.

The rising prices are definitely disheartening especially when compensation isn’t rising at the same rate. One example is that my rent is going up almost 20%, but I can tell you I’m not making 20% more than I was this time last year. That coupled with rising gas prices and food it is frustrating, to say the least. I’m not the only one either, many of my friends are having to be more selective on how they spend money as well. Hopefully, things will start to turn around soon, as this current way of living is sustainable for much of the population.

According to the poll, most Americans were unhappy with the economy, even though they site the job market is favorable. There is no shortage of jobs available, but employers are struggling to find workers. Instead, they note the cost of gas and inflation as the biggest detriment to the economy.

View the full survey results including approval ratings for Joe Biden here.

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