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How inflation could impact the 2024 election [Video]

WASHINGTON. THREE WEEKS FROM ELECTION DAY AND THE COST OF LIVING ON THE COST OF LIVING IS ON THE MINDS OF VOTERS AND CAMPAIGNS. JULIAN POTTER IS LOOKING AT HOW THOSE WALLET ISSUES MAY AFFECT THE OUTCOME. THAT’S RIGHT. THE LATEST REPORTS SHOW THAT INFLATION IS BELOW 3%, BUT CONSUMERS SAY THE PRICE OF EVERYTHING IS STILL HURTING THEM. WHAT YOU CAN SHOW ME WITH NUMBERS, IT DOESN’T SEEM TO MATCH WHAT THE AMERICAN PEOPLE ARE EXPERIENCING IN REAL LIFE. JENNIFER RHODEN, ECHOING THE MESSAGE OF MANY CONSUMERS EVERYDAY NECESSITIES ARE STILL TOO EXPENSIVE. I USED TO BE ABLE TO FILL UP MY CAR TANK WITH GAS WITHOUT IT HURTING MY POCKETS SO MUCH, AND NOW THAT’S NOT REALLY THE CASE. BUT IT’S NOT JUST GAS. A REPORT FROM THE JOINT ECONOMIC COMMITTEE SHOWS NEW MEXICO HOUSEHOLDS ARE SPENDING MORE ON FOOD, ENERGY AND HOUSING THAN THEY WERE IN JANUARY …

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