Americans Worry About Utility Bills Amid Bidenflation

tippinsights Editorial Board -

As Bidenflation rages like wildfire at 12.6%, two-thirds (65%) of Americans are concerned about their ability to pay utility bills. The shocking finding comes from the Investor’s Business Daily/TIPP Poll of 1,277 Americans completed early September.

Overall, energy prices have increased 43% since February 2021, the month after President Biden took office. Under President Biden’s watch, electricity is up by 22%, and utility/piped gas services are up by 47%. We computed the increases using the August CPI data but rebased to Feb 2021.