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Republicans hold double-digit lead on which party could better handle economic issues: Poll

Republicans are holding double-digit leads over their Democratic counterparts on a slew of economic issues as November’s midterm elections inch closer, according to a new CNBC All-America Economic Survey.

Republicans are holding double-digit leads over Democrats on a number of economic issues, less than three weeks before the United States goes to vote in midterm legislative elections in November, according to a new poll.

The CNBC All-America Economic Survey, published on Thursday, found that 42 percent of respondents believe that the Republican Party is better suited to handle the issue of inflation, while 27 percent of those surveyed said that Democrats can deal with the issue better, The Hill reported.

Forty percent of respondents said Republicans can address the issue of taxes better than their Democrat counterparts, while 29 percent of respondents think otherwise.  

Thirty-six percent of those surveyed believe that the Republican Party can better deal with the issue of reducing the federal deficit in the country, while 25 percent of respondents think that Democrats can address the issue better, according to the poll.

Forty-three percent of respondents said Republicans are better suited to address the issue of job growth, while 33 percent of respondents think otherwise.

The poll comes weeks ahead of November’s midterm elections which Republicans are confident to win and gain majority control of the House and Senate chambers.

Voters are concerned about inflation, the economy, job growth, and fears of going through another recession.

Other polls also show that the Democratic Party has lost significant momentum.

The last month has seen a 5-point shift overall in favor of the Republican Party. That is fueled by a whopping 13-point shift among independent voters, who now comprise the largest unofficial political party.

Record inflation, long-term recession, a costly, hard-line approach to the unrest in Ukraine, dissatisfaction with the results of the so-called “Blue Wave” of 2020 - many are trying to pinpoint the reason for the recent drop for Democrats.

The new surveys confirm the dip in Democratic support. US President Joe Biden has become so unpopular that he would now lose to Donald Trump in a head-to-head matchup; 2/3rds of the country thinks America is on the wrong track, almost a record high; the turnout rate of Republican voters is polling to run 4 points higher than the turnout by perhaps-disillusioned Democratic voters.


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