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Burdened by the Weight of Inflation
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| Contributor | ArmyDem |
| Last Edited | ArmyDem May 14, 2008 09:10am |
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| Category | News |
| Media | Newspaper - Washington Post |
| News Date | Wednesday, May 14, 2008 03:00:00 PM UTC0:0 |
| Description | Standards of Living Are Challenged
By Jon Cohen and Steven Mufson
Washington Post Staff Writers
Wednesday, May 14, 2008; Page D01
Nearly seven in 10 Americans are worried about maintaining their standard of living, as concern has spiked higher in just the past five months, according to a new Washington Post-ABC News poll. Soaring consumer prices are a major challenge, with many people struggling under the weight of the rising costs of fuel, food and health care.
The poll shows that the weak economy and rising prices are high among voters' concerns, and contribute to a souring national mood in this presidential election year. More than eight in 10 said the country has veered pretty seriously off-track, and a separate poll released yesterday by ABC showed economic anxiety at its highest level on record since 1981.
Overall, 68 percent of people surveyed in the new Post-ABC poll said they were concerned about their ability to keep up their lifestyles, a jump of 17 percentage points since December. The increase cuts across party and income lines, spreading rapidly among Republicans, people from rural areas and those from middle- and upper-income households.
Nearly six in 10 of those from households with annual incomes of $100,000 or higher said they were worried about hanging onto their living standards, up from a third in December. And 56 percent of Republicans in the new poll expressed concern, up from 32 percent. |
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