{"id":122857,"date":"2024-11-06T22:28:48","date_gmt":"2024-11-06T15:28:48","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=122857"},"modified":"2024-11-06T22:28:48","modified_gmt":"2024-11-06T15:28:48","slug":"hey-stupid-it-wasnt-just-the-economy-it-was-inflation","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=122857","title":{"rendered":"Hey stupid, it wasn&#8217;t just the economy. It was inflation"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>Nov 6 (Reuters) &#8211; U.S. presidential elections are all about &#8220;the economy, stupid&#8221;, said Bill Clinton&#8217;s strategist James Carville in 1992.<\/p>\n<p>And for American voters who cared more about the economy than other issues &#8211; and the nearly half who said they are worse off financially than four years ago &#8211; their choice for the next president appeared resoundingly clear: Republican Donald Trump.<\/p>\n<div data-testid=\"paragraph-2\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">Indeed, Trump <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/world\/us\/trump-vs-harris-us-voters-head-polls-turbulent-campaign-concludes-2024-11-05\/\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__link__3Ji6W link__underline_default__2prE_\">emerged as the winner<\/a> early on Wednesday, with broad disaffection about the state of the economy a main reason why he outpolled Vice President Kamala Harris, his Democratic opponent.<\/div>\n<p>About 31% of voters said the economy was their top issue, ranking second behind the 35% who said the state of democracy mattered most to them, according to national exit polling data from Edison Research. And the voters who identified the economy as their primary concern voted overwhelmingly for Trump over Harris &#8211; 79% to 20%.<\/p>\n<p>Meanwhile, the high inflation of the last couple of years and the toll that has taken on perceptions of financial well-being stood out as clear concerns that also steered voters toward Trump.<\/p>\n<p>More than half of voters said inflation had caused them a moderate hardship in the last year, while nearly one in four said it had caused a severe hardship. Those saying it had caused a moderate difficulty leaned somewhat more to Trump, 50% to 47%, but 73% of those calling it a severe hardship voted for the former president.<\/p>\n<p>Edison&#8217;s exit polling data showed 45% of voters across the country said their family&#8217;s financial situation was worse today than four years ago, compared with just 20% in 2020. Those voters favored Trump over Harris 80% to 17%.<\/p>\n<p>The results dovetail with surveys that have shown consumers giving the economy poor ratings even though unemployment is near historic lows, growth overall has been largely above trend, consumer spending remains robust, and overall household wealth is at a record high.<\/p>\n<p>The University of Michigan&#8217;s twice-monthly Consumer Sentiment Index, for instance, plunged to a record low in the summer of 2022 when inflation as measured by the Consumer Price Index peaked at 9.1% year-over-year &#8211; the highest since the early 1980s.<\/p>\n<p>While it has improved in the two years since as stiff interest rate increases by the Federal Reserve have brought inflation back to near the central bank&#8217;s 2% target, sentiment remains well below the levels that prevailed during Trump&#8217;s first term from 2017 to 2021.<\/p>\n<p data-testid=\"promo-box\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__base__22dCE body__small_body__2vQyf article-body__promo-box__3bCm_\"> Sign up <!-- --> <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/us\/hey-stupid-it-wasnt-just-economy-it-was-inflation-2024-11-06\/undefined?location=article-paragraph\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__link__3Ji6W link__underline_default__2prE_\">here.<\/a><\/p>\n<div class=\"article-body__element__2p5pI\">\n<p data-testid=\"Body\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__extra_small__1Mw6v body__full_width__ekUdw body__extra_small_body__3QTYe sign-off__text__PU3Aj sign-off__no-margin-top__2e9N-\">Editing by Catherine Evans<\/p>\n<\/div>\n<p data-testid=\"Body\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__base__22dCE body__small_body__2vQyf article-body__element__2p5pI article-body__trust-badge__D_brm\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" referrerpolicy=\"no-referrer-when-downgrade\" rel=\"noopener\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__small__1kGq2 link__link__3Ji6W link__underline_default__2prE_ link__with-icon__3x3oD\">The Thomson Reuters Trust Principles.<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" aria-hidden=\"true\" focusable=\"false\" role=\"presentation\" data-testid=\"NewTabSymbol\" class=\"link__new-tab-symbol__3T19s\"><path fill=\"#666\" d=\"M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z\"\/><\/svg><span style=\"border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap\">, opens new tab<\/span><\/a><\/p>\n<div class=\"article-body__row__dFOPA article-body__element__2p5pI\"><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" class=\"button__link__uTGln button__secondary__18moI button__round__1nYLA button__w_auto__6WYRo\" data-testid=\"LicenceContentButton\" rel=\"noopener\"><span class=\"button__container__3sgvk license-content-button__button__3okgd\"><span data-testid=\"Text\" class=\"text__text__1FZLe text__inherit-color__3208F text__regular__2N1Xr text__body_fixed__1I7Al license-content-button__text__3XBrA\">Purchase Licensing Rights<\/span><\/span><\/a><\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.reuters.com\/markets\/us\/hey-stupid-it-wasnt-just-economy-it-was-inflation-2024-11-06\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nov 6 (Reuters) &#8211; U.S. presidential elections are all about &#8220;the economy, stupid&#8221;, said Bill Clinton&#8217;s strategist James Carville in 1992. And for American voters who cared more about the &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=122857\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-122857","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122857"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122857\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}