Cost Of Living Roiling Politics.
The affordability crisis that upended global politics last year continues to ripple across some of the world’s biggest democracies — punishing incumbents and undermining longstanding political alliances.
New international POLITICO polling shows the voter frustration with persistent financial strain remains a deeply potent force today. In five major economies, The POLITICO Poll found ongoing cost-of-living pressures continue to reverberate through politics:
In the United States, where Donald Trump returned to power on a campaign of economic populism, nearly two-thirds of voters — 65 percent — say the cost of living in the country has gotten worse over the last year.
In the United Kingdom, where voters ousted the Conservative Party in 2024 after 14 years of rule, 77 percent say the cost of living has worsened.
In France, where President Emmanuel Macron is grappling with historically low favorability ratings, almost half of all adults — 45 percent — say their country is falling behind comparable economies.
In Germany, after prolonged infighting over the economy, former Chancellor Olaf Scholz’s governing coalition collapsed last year. There, 78 percent of respondents say the cost of living has gotten worse over the last year.
And in Canada, a post-pandemic affordability crisis helped fuel a public backlash against then-Prime Minister Justin Trudeau’s government ahead of his resignation earlier this year. The POLITICO Poll found that 60 percent of adults in the country say the cost of living is the worst they can remember it being.
By Erin Doherty ‘Politico’
Notingc an assuage a voter who goes to the grocery store and prices are 50% more than they have been in the past. The immediate impact of inflationary pressures resonates like little else in the minds of the electorate and finding someone to blame is almost a hair trigger response. The last Administration was ousted from power based on the cost of surviving in America and new one doesn’t seem to be faring much better.
