Amid skyrocketing prices for fuel and many consumer products, such as groceries, voters remain about evenly divided on the question of whether their own personal finances are getting better or worse.
That’s according to a poll by Scott Rasmussen.
According to Rasmussen: ” 31% of voters nationwide say their own personal finances are getting better while 26% say worse. These figures are almost identical to the results from a month ago.”
The poll finds a large gap in perception of economic well being between the highly-educated and the rest of the nation.
According to Rasmussen:
- Among those with advanced degrees, 63% say their finances are getting better and just 10% say worse.
- Among those with a bachelor’s degree, the numbers are much more evenly divided: 31% better and 25% worse.
- Among those without a college degree, 22% believe their finances are getting better while 29% say the opposite.
I’m a pet sitter and dog walker. It’s definitely 100% better for me now that everyone is going back into their workplaces and going on vacation as compared to this time last year. This may be my best year since I started! I’m so busy I starting to turn down people if I can’t fit them into my schedule.
People who own stocks and a home benefit from asset price inflation, which more than offsets price increases (inflation) greater than their wage increases.
People who don’t own stocks or a home suffer from inflation growing aster than their wages.
Gains in stocks and real estate are not realized but people feel good about their paper gains.
It’s that simple.
No survey needed.
The big picture is more important then the momentary snapshot of how we are doing now but where is all of this going and how will it end. I see the idea of a great reset being promoted with highly detailed strategy that is integrated into every fiber of society and this plan put forward by the WEF has the support of most of the world’s leaders. Now to reset they need to take down the current order. The financial world is recognizing that inflation is here and will gnaw at the purchasing power of our savings and money. Can this be contained or will this develop into hyperinflation of the dollar which is the global reserve currency and therefor the contagion would be global.
I am a Christian who notes that the Bible does predict the success of a great reset for the entire world in a period of time called the great tribulation. In rev 6 we see the beginning of these days have these things occurring on a global scale.
1 Now I saw when the Lamb opened one of the seals;[fn] and I heard one of the four living creatures saying with a voice like thunder, “Come and see.” 2 And I looked, and behold, a white horse. He who sat on it had a bow; and a crown was given to him, and he went out conquering and to conquer.
3 When He opened the second seal, I heard the second living creature saying, “Come and see.”[fn] 4 Another horse, fiery red, went out. And it was granted to the one who sat on it to take peace from the earth, and that people should kill one another; and there was given to him a great sword.
5 When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. 6 And I heard a voice in the midst of the four living creatures saying, “A quart[fn] of wheat for a denarius,[fn] and three quarts of barley for a denarius; and do not harm the oil and the wine.”
7 When He opened the fourth seal, I heard the voice of the fourth living creature saying, “Come and see.” 8 So I looked, and behold, a pale horse. And the name of him who sat on it was Death, and Hades followed with him. And power was given to them over a fourth of the earth, to kill with sword, with hunger, with death, and by the beasts of the earth.
These issues are more spiritual than they are economic and political and we can see if the dollar fails exactly these conditions on a global level.