The economic pain from the highest inflation in four decades is reaching across all income groups and casting a broad shadow over Democrats’ prospects for keeping control of Congress in Tuesday’s midterm elections, the latest Wall Street Journal poll shows.
Lower-income voters are feeling inflation’s impact the most, but the survey shows the burden of rising prices is also weighing more heavily than earlier this year even on wealthier households. Among those with annual household incomes of more than $150,000 up to $200,000, 26% say rising prices are creating major financial strains, nearly double from the level in March.
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