Fox Business Poll: Voters think Biden is making inflation worse

voting” target=”_blank”>Voters< is making it worse. 

A new Fox Business poll finds that when it comes to rising prices, twice as many think the Biden administration’s actions are hurting rather than helping.

In addition, by a 25-point margin, voters believe President Biden’s proposed social spending plan would push inflation higher and by 6 points they think it would hurt the economy. 

“One thing the president has going for him is low expectations,” says elections pollster Chris Anderson, who along with Republican counterpart Daron Shaw, conducts Fox polls. “If the spending plans start to have positive impacts in people’s lives, maybe some will reconsider their view of Biden.”

INFLATION IS REAL. SO WHY IS THE LIBERAL MEDIA STILL LYING ABOUT IT?

About 4 in 10 say inflation is the biggest issue facing the economy.  That’s more than double the number who say the deficit or income inequality.  Fewer than 1 in 10 say supply chain issues, labor shortages, government regulations, or big tech monopolies.

Two-thirds think Biden’s leadership is at least somewhat responsible for economy — and about the same number blame regular economic cycles.  Larger and roughly equivalent majorities blame the pandemic, government spending and regulations, and company price gouging.

The new survey, released Wednesday, finds that rising prices over the last six months have caused financial hardship for two-thirds of voters.  That climbs to three-quarters among those living in lower-income households.

More than 8 in 10 are extremely or very concerned about inflation.  That’s more than are worried about higher U.S. crime rates (77 percent), their taxes (71 percent), the federal deficit (69 percent), the pandemic (68 percent), being able to pay their bills (63 percent), and neighborhood crime (48 percent).  

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By more than two-to-one, people say the president’s economic policies have hurt rather than helped them personally.  That’s largely driven by almost two-thirds of senate saying they’ve been hurt — nearly five times the number of Democrats who say the same.  For comparison, one-third of Democrats said they had been hurt by former President donald-trump” target=”_blank”>Donald Trump’s<

Poll-pourri

— Almost 6 in 10 disapprove of both Democrats and Republicans in congress” target=”_blank”>Congress<

 — Among Democrats, the pandemic is the biggest concern, narrowly edging out inflation, followed by crime rates.  For Republicans, the top three worries are inflation, crime rates, and taxes.  The pandemic comes in next to last on the GOP list, above neighborhood crime.

— More than 6 in 10 are worried about being able to pay their bills, up 5 points since April. Concern is 30 points higher among those living in households earning less than $50,000 annually compared to those with higher incomes.  That’s twice what the difference was between those groups in April. 

— Views among independents are somewhat grim: 1 in 10 independents say they are better off financially than they were a year ago and 1 in 5 expects the economy will be better next year. 

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Conducted December 11-14, 2021 by Fox News under the joint direction of Beacon Research (D) and Shaw & Company Research (R), this poll includes interviews among 1,002 registered voters nationwide randomly selected from a national voter file and spoke with live interviewers on both landlines and cellphones. The total sample has a margin of sampling error of plus or minus three percentage points. 

Fox News’ Victoria Balara contributed to this report.

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