A Redfield & Wilton Strategies survey found that Americans consider the economy to be the most important issue when deciding how they will vote in the next election.
Despite President Biden’s continuing struggles with declining approval ratings, which has been a problem for his presidency, 58 percent of eligible U.S. voter say that the economy will be their top issue in the midterm elections on November 8, 2022.
There was no other issue that came close to 32 percent who said that “healthcare” would likely determine their vote. They were followed by immigration (28%), government spending (23%), and abortion (20%).
These results are not good for Biden. 44 percent disapprove of Biden’s economic management, while 34 percent approve.
This survey is coming as the Biden administration continues its failure to take responsibility for economic affairs. Inflation has risen to record levels, rising 8.5 percent in last year — the highest level since 1981.
Gas prices also reached record highs and industry experts anticipate that prices will rise again.
The U.S. Energy Information Administration analyzed all grades and formulas of retail gas prices in March 2022. This was $1.70 more that the March 2019 average of $2.594 under former President Donald Trump.
Although the American rise has been slowing, experts in the industry expect it to pick up again. In fact, gas futures have risen 30 cents over the past week.
According to Fox News, Andy Lipow, president and CEO of Lipow Oil Associates said that this is “just bad news” for consumers. He thinks prices could go up to $4.20 per gallon.
Recent polls indicate that Americans are having to adapt to the current economic climate under Biden. This includes cutting back on grocery purchases to pay for gasoline.