Poll: Voters Trust Trump Over Biden on Inflation

Inflation remains a critical concern for U.S. voters

by Zain ul Abedin
Poll: Voters Trust Trump Over Biden on Inflation
© Scott Olson/Getty Images

A recent ABC News/Ipsos poll reveals that U.S. adults trust former President Donald Trump more than President Joe Biden on inflation, a crucial issue for many voters as Election Day approaches. Inflation remains a significant concern, with 85% of respondents ranking it as an important issue, second only to the economy, which also relates to price increases.

On both the economy and inflation, the poll shows Trump leading Biden by 14 percentage points in trust. Despite a slowdown in inflation from its peak of 9%, it still exceeds the Federal Reserve's target rate of 2%. Data from the U.S.

Bureau of Labor Statistics indicates that rising gasoline and housing costs account for 70% of last month's price increases. Elaine Kamarck, a senior fellow at the Brookings Institution, highlighted the universal impact of inflation, stating, "People notice it, whether they're rich or poor." The Biden campaign responded to the poll by emphasizing the president's economic achievements, including job creation and record-low unemployment.

They warned that a Trump presidency could reverse this progress.

Voter Concerns Persist

Todd Fisher, a retired automotive engineer in Miami, Florida, shared his frustration with rising prices, saying, "Everything keeps going up and up." Fisher believes Trump is better suited to handle inflation, citing its onset during Biden's presidency.

Analysts noted that while any president has limited control over inflation, it remains a challenging political issue. Francesco D'Acunto, a finance professor at Georgetown University, explained that voters are more affected by the rise in inflation than by its decrease, which still results in higher prices.

Despite high inflation, the economy shows strength in other areas, with low unemployment and solid economic growth. However, 43% of poll respondents reported feeling worse off financially under Biden. Kenneth Vickers, an elevator constructor in Boston, expressed concern over inflation but acknowledged Trump's business acumen, leaving him undecided about his vote.

The poll underscores the importance of economic issues in the upcoming election, highlighting voters' trust in Trump's ability to manage inflation better than Biden.