Trump Shrugs Off Affordability—Republicans Say It’s a Crisis
Summary
President Donald Trump has said that the issue of affordability is a "fake" political idea used by his opponents. However, a recent poll shows that most Americans, including Republicans, see affordability as a real and serious problem in the U.S. economy.Key Facts
- President Trump calls affordability a "hoax" and blames Democrats for rising prices.
- A Harris Poll shows 96% of Republicans believe the U.S. is facing an affordability crisis.
- 67% of all adults see high prices for groceries and gas as a key issue for the upcoming midterm elections.
- Only 28% of Republicans think the economy is getting better, down from 49% earlier in the year.
- Many rural Americans say they live in "survival mode," meaning they could be hurt by an unexpected expense.
- More Democrats than Republicans believe their party can solve the affordability problem.
- About 61% of Americans think the U.S. is in a recession, even though official economic data does not show one yet.
- Inflation rose slightly in September to 3.7%, according to the U.S. Bureau of Labor Statistics.
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