Apr 12
Economy

Tariffs Are Crushing the Middle Class: New Survey Reveals Shocking Impact on Retirement Savings!

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Tariffs Are Crushing the Middle Class: New Survey Reveals Shocking Impact on Retirement Savings!

This week’s WG Discussion Points by David Winston takes a deep dive into the latest survey data on tariffs, revealing some surprising insights. As the market reacts to ongoing tariff negotiations, the impact is being felt far beyond Wall Street. Here’s a sneak peek at what we’re seeing from the data:

  1. Tariffs Are Hitting the Middle Class: Despite claims from the White House, our survey shows the economic fallout from tariffs is widespread. A staggering 71% of voters believe the middle class has lost money in retirement plans and savings. It’s not just the wealthy—average Americans are feeling the pinch.
  2. Inflation Is Not Improving: The promise of tackling inflation took a hit this week. A majority of Americans, including 74% of independents, believe tariffs will only worsen inflation by raising product costs. The data suggests the battle against rising prices is far from over.
  3. Republicans Trust the Long-Term Strategy—But Is It Working? While Republicans remain hopeful that tariffs will lead to a better trade deal and a stronger economy, the broader electorate is not yet convinced. The nation is split on whether short-term market volatility will pay off in the end.

These are just the first findings from our latest survey—check out more on this critical issue as we continue to dig deeper into the data below or visit The Winston Group website.


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