Americans are still feeling the impact of Biden inflation

 Fox Business:

Nearly two-thirds of middle-class Americans say they are struggling financially: 'Gasping for air'null

Americans are feeling pessimistic about their finances amid ongoing inflation

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Findings published by the National True Cost of Living Coalition show that 65% of Americans whose incomes are 200% above the national poverty line – which is about $62,300 for a family of four, often considered middle class – said they are struggling financially.

Respondents include those with high school diplomas and graduate degrees as well as blue- and white-collar workers who live in both rural and urban America.

While many of these people said they are able to afford the most basic expenses, they expressed concern about their inability to save for the future. Tellingly, about 40% of Americans said they are unable to plan beyond their next paycheck, while another 46% said they do not have $500 saved for emergencies.
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The cost of food and gas continues to impact many Americans.  They are the results of inflation that resulted from Biden's reckless spending when taking office.  While the inflation rate has eased from the early days of the Biden administration the impact is still being felt.

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