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Young voters say inflation and debt are top concerns

Young voters say inflation and debt are top concerns

A new NBC News Stay Tuned Gen Z poll reveals that inflation and the cost of living are the top concerns for voters under 30, with 30% identifying it as the most pressing issue. This concern cuts across party lines, surpassing other issues like threats to democracy (11%) and abortion (9%).

Debt is also a significant burden, with 70% of young voters reporting it has delayed major life milestones, such as buying a home (38%), purchasing a car (36%), and saving for retirement (33%). Additionally, 84% believe homeownership is harder to achieve compared to their parents’ generation.

DiSanto Propane (Billboard)

Despite these economic challenges, young voters show more optimism about their personal finances than the national economy, with 34% saying their financial situation has improved in the past year. However, only 20% feel the national economy has gotten better, with 56% believing it has worsened.

This economic anxiety is influencing their political choices, with Gen Z voters leaning towards Vice President Kamala Harris over former President Donald Trump, though not as strongly as in 2020. The poll also highlights a broader skepticism towards traditional politics, with 53% agreeing that political compromise often equates to selling out on principles.