![]() He has proposed continuing to tap into the Strategic Petroleum Reserve and he has encouraged oil and gas companies to increase production. “The Republican Party is pushing the message that the main concerns for Georgia voters should be inflation and the economy, and Democrats and Joe Biden are responsible for these problems.”īiden has said that tamping down inflation, including lowering the price of gas, is his top priority. “People aren’t thinking, ‘Oh wow, this is all over,’” said Charles Bullock, a political science professor at the University of Georgia, speaking of declining gas prices. The minimal impact that voters say falling gas prices are having on their economic outlook highlights just how pressing of a challenge Democrats face as they try to hold on to their narrow majorities in the House and Senate amid looming concerns about inflation. The Bureau of Labor Statistics announced Wednesday that the consumer price index was 9.1 percent higher in June than it was a year ago, with prices rising across key sectors of the economy.īiden called the inflation report “ out-of-date” because it did not reflect the recent decline in gas prices. In a New York Times/Siena College poll conducted this month, just 10% of respondents rated the economy as good or excellent.Īlthough gas prices have declined for more than 30 days straight, dropping on Friday to a national average of $4.57 per gallon, inflation has continued to climb at the fastest pace in 40 years. “It feels like the middle class can’t catch a break,” he said.īiden’s approval rating hovers around 39 percent - one of the worst ratings of a president going into their first midterm elections in decades - with polls showing inflation and gas prices as voters’ top concerns. ![]() Reggie Harris, 50, who also supported Biden, said it was finally costing him less than $100 to fill up his car tank, but that wasn’t making up for the fact that he felt that his family’s grocery bill kept going up each week. “I’m glad it’s no longer $5 a gallon,” said Stan Tucker, a 74-year-old retiree from Atlanta who voted for Biden in 2020.
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