Partisan Views on Financial Situation Amid Rising Inflation: Bankrate Survey
Monday, 8 April 2024, 20:09
Bankrate Survey: Americans' Views on Rising Cost of Living
Pandemic-era inflation has placed a financial burden on many Americans, with Republicans expressing greater concern compared to Democrats. The survey reveals a divide in perceptions of financial situations between different political affiliations.
Partisan Divide on Financial Situation
- Republicans: 86% believe their cost of living has worsened
- Difference: 27% more than Democrats
- Democrats: 59% feel their financial situation has deteriorated
The survey also indicates varying views based on age groups, as Baby Boomers and Gen Xers are more likely to report a cost-of-living increase compared to younger Americans such as Millennials and Gen Zers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.