Minority voters join the rebellion against Bidenflation
As the Federal Reserve’s Federal Open Markets Committee meets on Tuesday and Wednesday to consider the fate of American monetary policy, they should consider the plight of people like Roger Stephens. The retired airline mechanic who lives in a Los Angeles neighborhood recently told a reporter inflation is taking a toll on his lifestyle.
Referring to the president, he commented that “Uncle Joe has put us on a diet….I like to have steak once or twice a month. I can’t do it now.”
A Wall Street Journal poll out this week shows Stephens’ situation mirrors those of millions of families across the country. Out-of-control federal spending and loose monetary policy are definitely having an effect—but not in the way Democrats promised. While people like Joe Biden remain firmly ensconced in their palatial estates, the working class continues to suffer from the harmful effects of leftist policies.
The poll results should make for bracing reading for Democrats, because they show how the party’s policies have not only harmed the economy, but alienated their political base. For starters, notwithstanding the recent Russian invasion of Ukraine, twice as many voters (50%) consider “inflation and the economy” the top priority for the president and Congress as the Ukraine conflict (25%). (Only 5 percent of voters consider Covid the top priority issue.)
Nonwhite voters (60%) listed inflation as a top priority by a higher margin than white voters (47%), quite possibly because they reported suffering from inflation’s effects in greater numbers. A total of 35% of non-white voters in the Journal poll said inflation is “creating major financial strains” for their family, compared to the same from 28% of white voters. African American women and Hispanic men demonstrated the highest rate of major financial strains for their families, at 44 percent.
Just as telling: “Almost half [of respondents] with incomes of less than $60,000 reported major financial strain, while just 13% of those making $150,000 or more did so.” In other words, while elites in Washington—home to some of the wealthiest counties in the United States—face little discomfort from skyrocketing prices, ordinary families are getting their proverbial teeth kicked in every time they head to the grocery store or try to fill up at the pump.
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What is clear is that Biden and the Democrat Congress have created inflation with their policies and they seem totally out of touch with the Americans harmed by those policies. In fact, they think the cure is more of the same that caused the problem in the first place.
The real cure is to vote against every Democrat on the ballot.
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