During a press briefing earlier today, White House press secretary Karine Jean-Pierre claimed that"Americans feel better about their personal finances” right now relative to the past few years. She implicitly gave credit to President Joe Biden’s policies, but there is no data to support this claim.
Since April 2021, the proportion of Americans who say they have a good or excellent financial situation has gone down by 12 percentage points. Additionally, the proportion who say the financial situation is getting worse has gone up by 20 percentage points since 2021.
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