A new poll shows that Nevada’s soaring inflation numbers have many residents concerned about the prospects of a future with high prices that could come into play in next year’s elections.
The Nevada Current reported that Hugh Jackson, former editor of the Las Vegas Business Press, senior editor at the Las Vegas CityLife weekly newspaper, as well as a daily political commentator on the Las Vegas NBC affiliate and author of the Las Vegas Gleaner political blog, said that if inflation remains steady next summer that could spell trouble for Democrat candidate at all levels of government.
“The prevailing political analysis is right: If inflation stays high into the summer, the Democrats are toast in the midterms, nationally and here in Nevada,” he said.
Morning Consult released a poll that states 60% of all voters are “very concerned” about inflation, 27% are “somewhat concerned” and just 3% are not concerned at all.
The poll found that politically, 93% of Republicans were concerned compared to 83% majority of Democratic voters.
The study found that voters associated the crisis with the Biden administration as 62% of all voters said it was somewhat responsible while just 11% it was not responsible for inflation.
The poll also found that Biden’s recent approval rating sits at 44%.
An ABC News-Ipsos poll found that 69% of Americans dislike the way Biden has handled inflation, while just 28% approve.
Additionally, the poll found that 94% of Republican voters disapprove as opposed to 46% of Democrats and 71% of independents.
President Joe Biden remains steadfast on the economy rebounding as he has gone on record that inflation is at “the peak” and the approval of the “Build Back Better” Act will help facilitate the recovery, according to ABC News.
Fox Business reported that this month’s inflation number saw the country experience a 39-year high with the last time the nation saw inflation at this level was in 1982.
“Inflation at a nearly 40-year high is not something the Federal Reserve can ignore,” Danielle DiMartino Booth, Quill Intelligence CEO and former adviser to former Dallas Fed President Richard Fisher, told Fox Business. “While gas prices are starting to decline, there is still plenty of food inflation. There is risk now that inflation has become entrenched in households’ psyches, which further pressures policymakers at the Fed to be more aggressive in their tightening stance.”
