Almost nine out of 10 Americans (87%) announced they are anxious or very anxious regarding inflation, up 8 percentage points from the previous month, according to results from the American Psychiatric Association (APA) Healthy Minds Monthly Poll.
Half (51%) are further concerned regarding a possible loss of income, the poll revealed.
WATCH: JOHN LEGEND CALLS TRUMP A RACIST
"Healthy Minds Monthly is showing us that the economy seems to have supplanted COVID as a major factor in American's day-to-day anxiety," APA president Dr. Rebecca Brendel announced in an association news release. "This context is important for psychiatrists and other mental health clinicians to take into account as we see our patients, especially as it pertains to affordability and availability of care."
WATCH FETTERMAN REACTING TO PROTESTS WAVES
Hispanic adults (66%), mothers (65%), millennials (63%) and GenZers (62%) were among the groups most likely to be worried regarding a loss of income, the results revealed.
A substantial number of Americans are likewise concerned regarding gun violence (35%) or a natural disaster (29%) happening to them, the poll discovered.
RUSSIAN COURT DENIES EVAN GERSHOVICH'S APPEAL, WHAT'S NEXT FOR THE WSJ REPORTER?
Anxiety regarding COVID is still high but proceeds to decrease, with roughly 47% of Americans expressing concern — down 2% among all Americans and 16% among Black Americans since May, the survey discovered.
Meanwhile, Biden’s approval ratings and threats to crush Democrats in the midterm elections.
SQUATTERS BEWARE AS GEORGIA GOVERNOR SIGNS TOUGH NEW LAW
Yet many progressives — including some within the administration itself — announced that Biden’s all-out messaging war against increasing prices is making matters even worse.
They fear that the administration’s unswerving backing for the Federal Reserve’s campaign to choke off inflation will hit the brakes on the economy and undercut the few things the White House has moving in its favor. Among them: a strong labor market, solid wage gains and ambitious spending proposals on matters like child care and prescription drug costs that are popular with voters.
EXECUTION-STYLE AMBUSH: LOS ANGELES DEPUTY ATTACKED BY NOTORIOUS GANG MEMBER
Frustration among administration progressives cooked over at the end of May when Biden announced his “laser focus” on inflation while meeting at the White House with Fed Chair Jerome Powell and rolled out a plan to fight spiking prices. Biden supported the central bank’s aggressive interest rate hikes, which are directed at cooling the economy by any means necessary, including inducing a possible recession.
GENDER WAR ESCALATES AFTER FEDS ANNOUNCE THIS WILL NOW BE A CRIME...
“A lot of people were frustrated by [the rollout] and by the idea that we were going to try to Paul Volcker our way out of this problem,” announced a senior official, referring to the legendary Fed chair of the 1980s who relentlessly jacked up rates to break the back of increasing inflation — triggering two recessions along the way.
Discover alternative ideas that will make you think
Engage in mind bending debate
Earn points, rise in rank, have fun
