{"id":1415932,"date":"2022-04-02T08:30:12","date_gmt":"2022-04-02T12:30:12","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1415932"},"modified":"2022-04-02T08:30:16","modified_gmt":"2022-04-02T12:30:16","slug":"majority-of-americans-report-falling-behind-rising-cost-of-living","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/majority-of-americans-report-falling-behind-rising-cost-of-living\/","title":{"rendered":"Majority of Americans Report \u201cFalling Behind\u201d Rising Cost of Living"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmajority-of-americans-report-falling-behind-rising-cost-of-living%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1415932&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p><em>By Casey Harper (The Center Square)<\/em><\/p>\n<p>The majority of Americans feel they are \u201cfalling behind\u201d as the cost of living continues to rise, according to newly released\u00a0<strong><a href=\"https:\/\/www.documentcloud.org\/documents\/21554083-nbc-news-march-poll\" target=\"_blank\" rel=\"noopener\">polling<\/a><\/strong>.<\/p>\n<p>The poll from NBC News asked, \u201cDo you think that your family\u2019s income is \u2026 going up faster than the cost of living, staying about even with the cost of living, or falling behind the cost of living?\u201d<\/p>\n<p>In response, 62% of those polled said \u201cfalling behind\u201d while only 6% said their income is \u201cgoing up faster\u201d than the cost of living.<\/p>\n<p>That poll comes as new inflation data released Thursday showed another significant increase. The Bureau of Economic Analysis released data for the Personal Consumption Expenditure (PCE), a key inflation metric for the Federal Reserve, reporting the biggest increase in nearly 40 years.<\/p>\n<p>\u201cThe PCE price index for February increased 6.4 percent from one year ago, reflecting increases in both goods and services \u2026\u201d BEA said. \u201cEnergy prices increased 25.7 percent while food prices increased 8.0 percent. Excluding food and energy, the PCE price index for February increased 5.4 percent from one year ago.\u201d<\/p>\n<p><strong>RELATED: <a href=\"https:\/\/thepoliticalinsider.com\/new-poll-trump-trounces-biden-and-harris-in-hypothetical-2024-matchup\/\" target=\"_blank\" rel=\"noopener\">New Poll: Trump Trounces Biden And Harris In Hypothetical 2024 Matchup<\/a><\/strong><\/p>\n<p>Figures like these are at least part of the reason the Federal Reserve announced a 0.25% interest rate hike and said six more increases are on the way. The increase is meant to decrease inflation but can have a serious negative impact on the economy.<\/p>\n<div id=\"subscribe\" class=\"email-signup inarticle\">\n<h4>Support Conservative Voices!<\/h4>\n<h5><strong>Sign up to receive the latest<\/strong> political news, insight, and commentary delivered directly to your inbox.<\/h5>\n<\/div>\n<p>At the same time, mortgage rates have risen and are expected to continue to increase along with the Federal Reserve rate.<\/p>\n<p>A recently released Emerson College March national poll reports that the majority of Americans feel the pain of higher prices.<\/p>\n<p>\u201cEighty-three percent (83%) of voters say they are experiencing some hardship due to increased prices on everyday items, with 40% reporting significant hardship, and another 43% reporting some hardship,\u201d the poll said. \u201cSeventeen percent (17%) report experiencing no hardship. When asked about who they blame for an increase in gas prices, a plurality (39%) blame the Biden Administration, 21% blame the sanctions on Russia, and 18% blame gas and oil companies.\u201d<\/p>\n<p>Even worse for President Joe Biden, many voters blame the administration\u2019s policies for rising prices.<\/p>\n<p>\u201cPresident Joe Biden\u2019s policies have increased inflation, according to a majority of voters, who expect the issue to be important in November midterm elections,\u201d Rasmussen Reports said in a recent poll. \u201cThe latest Rasmussen Reports national telephone and online survey finds that 64% of Likely U.S. Voters believe the policies of Biden\u2019s administration have increased inflation, while only eight percent (8%) think Biden\u2019s policies have reduced inflation. Another 25% say the Biden administration\u2019s policies have not made much difference in inflation.\u201d<\/p>\n<p><em>Syndicated with permission from The Center Square.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Casey Harper (The Center Square) The majority of Americans feel they are \u201cfalling behind\u201d as the cost of living continues to rise, according to newly released\u00a0polling. The poll from<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1415932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1415932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1415932"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1415932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1415932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1415932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1415932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}