Economy
Related: About this forumBlack voters give Biden high marks on the economy despite sting of inflation.
But rising prices have disproportionately affected marginalized groups, including African American and Latino communities, recent polling and research shows.
Even though Black Americans are among the most affected by inflation, they continue to give President Joe Biden the highest approval rating among any demographic group for his handling of the economy, polls show.
Biden has lost less support among Black voters than among other racial minorities and whites.
"President Biden won 87 percent of the Black vote in the 2020 election and his standing among Blacks remains higher than other groups, but it has lost ground," said Mary Snow, a polling analyst for Quinnipiac University, whose recent polls show that inflation, racial inequality and election laws are the most urgent issues for Black Americans.
Inflation hit 8.5 percent in the U.S. last month, the sharpest year-over-year increase since 1981. Prices have been driven up by strong demand, pandemic-related supply shortages and the cost of energy, propelled by Russia's invasion of Ukraine.
Rising prices have disproportionately affected marginalized groups, specifically African American and Hispanic communities and rural households, both recent polling and research shows. Inflation is particularly devastating to lower-income households, as they are more "exposed" to the goods with the fastest-rising prices, according to a Bank of America research report in November.
"Inflation hurts lower-income households namely, less-educated and rural households, those with non-managerial workers and minorities the most," the report said.'>>>
https://www.nbcnews.com/politics/politics-news/black-voters-continue-back-biden-sting-inflation-rcna24602?
LakeArenal
(29,807 posts) despite the sting of Republican induced inflation.
Anon-C
(3,438 posts)JustAnotherGen
(33,576 posts)would be so down in the dumps. America is in a good place right now. I give Biden very high marks!
- Black Woman Voter
Walleye
(35,678 posts)I dont expect to hear much about that on the news. They spend all their time talking about inflation and gas prices. And the gas price has come down around here in the last week about $.30