Following the invasion of Ukraine, most Californians—and majorities across party lines—favor imposing economic sanctions on Russia even if it means higher energy prices. On the pandemic front, Democrats are far more likely than independents and Republicans to say controlling COVID-19 is more important than having no restrictions on normal activities. […] Read more »
Here’s what Americans think the US should be doing about Russia’s invasion of Ukraine
Americans’ support for economic sanctions on Russia is broad and bipartisan, according to new polling on the public’s response to the war in Ukraine. And so far, that’s the case even when the potential for higher gas prices is considered. At the same time, the American public largely continues to […] Read more »
Biden’s Uncertainty Principle
The “return to normalcy” in American life is starting to look something like the horizon: It recedes whenever you approach it. For President Joe Biden and congressional Democrats anxious about the November midterm elections, nothing could be more ominous. Last summer’s Delta wave dashed hopes that the deployment of COVID […] Read more »
Gas Prices and Presidential Approval
Key Points• President Joe Biden and his party are struggling amidst myriad challenges, including high gas prices. Gas prices have spiked in recent weeks following the Russian invasion of Ukraine.• There is some association between higher gas prices and lower presidential approval, although the connection is not particularly strong.• This […] Read more »
Don’t rely on voters’ poll answers on gas prices or a no-fly zone
Voters, most of whom do not follow politics hour by hour, are unreliable indicators of what they want. Given how little time many voters spend “studying the issues,” the media and elected officials should be wary about finding clarity, let alone consistency, in what the people want. A case in […] Read more »
Consumer Spending Growth Expectations Spike, while Inflation Expectations Edge Back Up
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the February 2022 Survey of Consumer Expectations, which shows an increase in short-and medium-term inflation expectations, reversing some of last month’s sharp declines. Median home price expectations, on the other hand, declined. Year-ahead earnings growth expectations remained […] Read more »