POLL: 43% of Respondents Admit that Their Financial State is Worse Than Two Years Ago
43% of respondents stated that their family’s financial situation has worsened over the past two years, per a recently published ABC News-Washington Post poll.
This poll was published on November 6, 2022 and illustrated that the proportion of people who have expressed this opinion has increased twofold since President Joe Biden was installed in office.
39% of respondents indicated that their family’s financial situation has stayed the same in the last two years while 18% said it has improved.
Only 20% of voters signaled that their financial situation had worsened during the 2020 election cycle compared to 2016, when former President Donald Trump was elected, per exit polling.
Earlier in 2022, inflation reached a 40-year high.
According to the ABC News-Washington Post poll, the economy was voter’s leading issue heading into the 2022 midterms, with inflation close behind.
Under normal circumstances, the GOP would have likely won both the Senate and House in a resounding manner. However, the GOP is only expected to win the House, while Democrats look like they’re going to expand their lead in the Senate.
Part of the reason why Republicans underperformed in the midterms owes to the fact that they didn’t have a compelling agenda for the midterms. It’s not enough to talk about tax cuts for megacorporations. Republicans must start taking on the abolition of central banking, reducing the size of the administrative state, and limiting mass migration. All of these measures will help America’s middle class tremendously, while also allowing for America’s most productive citizens to build high-value businesses and make people’s lives more prosperous.
If the GOP is not willing to take on full-measures as far as economic reforms go, it will become politically irrelevant.