Recent polls show President Biden is struggling to maintain support among young voters due to economic concerns.
While traditionally Democrat-leaning, only 40% of 18-34 year-olds in swing states support Biden compared to 61% in 2020.
High inflation has increased costs of housing, transportation, education, and other expenses for young adults.
Many face burdensome student debt without full forgiveness, expensive rent increases of 18% since 2020, and limited ability to buy homes due to 21% price increases.
Nearly half of 18-29 year-olds and 43% of 30-49 year-olds cite the economy as their top 2024 issue compared to just 11-18% in 2020.
The pandemic particularly impacted young people entering the workforce as jobs were lost.
While wages increased under Biden, costs rose faster.
Most Americans remain paycheck-to-paycheck despite record wealth among the top 1% under “Bidenomics”.
Struggling with affordability, young voters appear to be souring on Biden’s economic leadership and policies.
