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#Bidenflation Killing Middle Class

At a glance

  •  75% of middle-income families “say their income is falling behind the cost of living,” an eight-point rise since March.
  • “Concern about the economy continues to be a major stressor, with about 41% rating inflation as their top concern,” the group said. “Being able to pay for food and groceries also ranks high (26%, up four percentage points since March) as does their current financial situation (25%, up eight percentage points since March).”
  • “About three-quarters (77%) say it is likely America will be in recession by the end of the year,” the group said. “In addition, 61% believe the American economy will be worse off over the next year than it is now. Just 14% think it will improve.”

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