A focus group indicated Thursday only 3 of 13 voters said they felt the U.S. economy is “booming” amid rising inflation concerns.
The focus group by Engagious/Schlesinger and first reported by Axios suggested the other ten respondents “expressed fear of an impending crash following the injection of federal stimulus money during the pandemic.”
The focus group also found the following two results:
Eight of the 13 voters said they are apprehensive about inflation in their area, citing costs going up in a number of sectors, including groceries, gas, oil and real estate. 10 of the 13 voters are worried about the national debt. They fear tax hikes and believe that Social Security is at stake.
The concern of inflation, which hurts the poorest Americans by making the few dollars they possess worthless in terms of purchasing power, comes as the Consumer Price Index jumped five percent in May from