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CNBC: “Inflation Crisis”; Biden’s major electoral trouble against Trump

PNN – According to the latest CNBC poll, American voters trust Donald Trump more than Joe Biden to deal with inflation and the high cost of living, making it harder for the Democratic campaign.

According to the report of Pakistan News Network from this American media, 52% of the respondents in this survey said that Donald Trump, the former president of the United States and the current Republican candidate, is better able to deal with inflation than the current president of the country, Joe Biden. Meanwhile, only 30% of the participants had the same opinion about Biden.

The survey was conducted from April 12 to 16, days after the release of a U.S. inflation report showing that prices for U.S. consumers have gradually risen.

The report added: With prices rising again for consumers, the Biden administration has stopped its advertising messages about inflation and has turned its attention more to other aspects of the economy such as jobs, tariffs and taxes.

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In a speech last week in Pittsburgh, he announced that he would support triple tariffs on Chinese steel and aluminum imports. An issue that will probably intensify his increasing economic hostility towards China. The President of the United States, a day earlier in Scranton, Pennsylvania, focusing on the tax code and jobs, called Donald Trump one of the two presidents in American history with fewer jobs than when they came to power. They left the White House.

The new approaches of the Biden campaign to address these issues come after many experts and pundits have blamed him for high prices and rising inflation in the United States.

Despite the high volatility of prices, Biden’s recent statements indicate his efforts to emphasize other issues and economic data in the minds of voters. For example, while Trump criticizes the American economy under Biden, the Democratic president of the country has made his claims that the United States has “the best economy in the world” more prominent.

CNBC added at the end of this report: American voters do not forget inflation and high living costs in their country so easily. Only 11 percent of respondents named “jobs and the economy” as the most critical issues facing the country ahead of the November elections. Meanwhile, 23 percent of respondents said inflation and the high cost of living were their number one concern.

It is noteworthy that the majority in both issues noted that Donald Trump will manage these issues better than Joe Biden.

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