After months of experiencing some of America’s highest inflation rates, federal data shows many Arizonans are finally starting to see some relief.
A new report from the Common Sense Institute of Arizona reviews federal inflation data from October. The research organization found most aspects of the state’s Consumer Price Index have slowed from being among the highest in the nation at 9% in January.
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When it comes to the direction of the country, Arizona residents have a pessimistic view, according to a new poll.
The Goldwater Institute released a poll that shows that 67% of Arizonans believe America is on the wrong track, while just 22% believe it’s on the right track; 11% said they don’t know how to answer that question.
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Inflation is a big problem for Arizona residents, an Arizona Public Opinion Pulse (AZPOP) Survey conducted by OH Predictive Insights shows.
Released Thursday, the poll concluded that 62% of Arizonans had seen a monthly spending increase of $200 due to inflation.
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Over thirty years ago, then-presidential candidate George H.W. Bush stood onstage at the Republican National Convention and infamously promised, “Read my lips, no new taxes.” That promise may have won him the election, but it was also his undoing as he would later sign a budget reconciliation bill that included tax increases. Fast forward to today and President Joe Biden finds himself in a similar position having made a promise on the campaign trail that he is unable to keep now that he is in the Oval Office—and it is Arizonans who will pay the price.
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