The economy ranks as the most important of 22 issues that U.S. registered voters say will influence their choice for president. It is the only issue on which a majority of voters, 52%, say the candidates’ positions on it are an “extremely important” influence on their vote. Another 38% of voters rate the economy as “very important,” which means the issue could be a significant factor to nine in 10 voters.

Voters view Donald Trump as better able than Kamala Harris to handle the economy, 54% versus 45%. Trump also has an edge on perceptions of his handling of immigration (+9 percentage points) and foreign affairs (+5), while Harris is seen as better on climate change (+26), abortion (+16) and healthcare (+10). The candidates are evenly matched on voters’ impressions of who would better address gun policy.

Countless other surveys have told us the same thing.

The American people remember what life was like before the pandemic, and they desperately want to have that back.

In particular, U.S. voters have become deeply frustrated with the cost of living…

“It’s inflation, stupid!” wrote Bernard Yaros, U.S. lead economist at Oxford Economics, in an October 24 report, borrowing from political strategist James Carville’s famous coinage. “Inflation is the foremost issue voters are concerned about, and how it is perceived will determine the election.”

The Biden administration is being blamed for this inflation crisis, and that is going to cost Kamala Harris millions upon millions of votes.

At this moment, demand at food banks is off the charts in many of the key swing states that Harris desperately needs to win.

In Pennsylvania, we are being told that demand “is actually as high as it was at the peak of the pandemic”…

Joe Arthur, who runs the Central Pennsylvania Food Bank, told NBC News the current problem is “a hunger crisis.”

“The need that we’re seeing in our localities is actually as high as it was at the peak of the pandemic, yet there are less resources for those families today.”

At one food bank in Michigan, demand is actually “significantly higher” than it was during the pandemic…

One truck can carry enough food for up to 600 households, but some days even that isn’t enough to meet the demand, which has gone up by 18% over the past 12 months, said Ken Estelle, president of Feeding America West Michigan.

“We have never seen this level of need in the 43 years we have been serving this community. It is significantly higher than during Covid and has pressed us beyond our capacity,” said Estelle. “We’ve just seen this drumbeat increase every month of more people and more people.”

And at one food bank in Wisconsin, demand has more than doubled since 2022…

In the relatively affluent Milwaukee suburbs of Waukesha County, Wisconsin, Rochelle Gamauf said each week she is seeing new faces at her food pantry, Friends With Food, which she started during the pandemic.

The organization has gone from giving out around 420,000 pounds of food in 2022 to over a million pounds in 2023. On a recent week in September, nearly 400 families came through the door, 48 of whom were coming for the first time — a 50% increase in new families compared to last year, she said.

This is the biggest reason why Donald Trump is leading in the polls in all three states.

A lot of the people that are going to these food banks actually have jobs. But they aren’t earning enough to keep up with the rapidly rising cost of living.

If you go to the grocery store and you completely fill up your cart with food, it is going to cost you hundreds of dollars. 25 years ago, I could fill up an entire grocery cart for less than 50 bucks.

Inflation is a hidden tax on all of us, and it is suffocating millions upon millions of households all over the country.

Of course the Biden administration insists that everything is just fine.

For months, the government has been releasing numbers that look great initially, but later they are revised dramatically lower.

Let me give you an example.  Last month we were told that job openings were rising, but now we have learned that they are actually plunging…

Last month, when Kamala Harris still had some chance of winning the election, we were not surprised to learn that according to the extremely political Bureau of Labor Statistics, in August the number of job openings unexpectedly soared from an upward revised 7.7 million to 8.040 million, which was not only a 3-sigma beat to expectations, but was also above the highest Wall Street forecast. Fast forward to today, when Kamala’s chance of winning are effectively zero – as even the suddenly apolitical Jeff Bezos now admits – and shockingly moments ago the BLS reported that in September, the number of job openings  plunged from over 8 million to just 7.4 million, the lowest since early 2021…

This kind of thing has been happening over and over again.

The American people are sick and tired of being fed fake numbers when they can see that economic conditions are clearly deteriorating all around them.

Our standard of living has been steadily declining for years, and most Americans are just barely scraping by at this point.

I am entirely convinced that most of the experts will be completely shocked by the outcome of this election, and our imploding economy will be the number one reason why so many unexpected voters come out of the woodwork.

Michael’s new book entitled “Why” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

Thanks to our rapidly rising cost of living, we are seeing a dramatic explosion in the number of “working homeless” that are living out of their vehicles on a daily basis even though they are currently employed.

In particular, the RV “communities” that are springing up from coast to coast are starting to get quite a bit of attention…

The owner of a party bus company, Rikers Island prison guards and an Amazon worker are just some of the eclectic bunch who have formed a community of ‘working homeless’ people living out of RVs in the Astoria section of Queens, New York.

Similar communities have formed across the US from New England to California where people have chosen a nomadic lifestyle amid a national cost of living crisis.

Most of these people get up and go to work in the morning.

In fact, the Daily Mail spoke to one man that actually “works for a New York City hospital”…

Resident Paul Reevers described himself as ‘working homeless.’ He said that he has a job but the rent went up too high and he could not longer to afford a an apartment.

Reevers, who works for a New York City hospital, said that he took out a loan and bought his RV.

If you work at a hospital, you should be able to afford a place to live.

But this is our country now.

We are absolutely destroying the middle class, and as a result we now have a massive homelessness crisis on our hands…

Insider Monkey, a finance website, revealed a list of the top 30 cities worldwide with the highest homeless population. Notably, a handful of the US cities on the list are governed by progressive leadership, which may not surprise readers. While it is evident that some unfortunate individuals are facing homelessness, a trend exacerbated by recent inflationary pressures and a drug addiction crisis, some liberal policies have enabled others to sustain their nomadic lifestyles with taxpayer funds.

Insider Monkey found New York City is number 5 on the list, with a homeless population of about 69,000. Next is Chicago, at number 7 with 65,611. Washington, DC, is number 8 with 57,416, Los Angeles number 13 with 41,980, and San Fransisco number 14 with 38,000.

No matter what you or I are facing right now, at least we aren’t sleeping in the streets.

So we should count our blessings.

Hunger is also rapidly growing all over America.  Right now, record numbers of people are coming for help at one food bank in the Seattle area…

Since March, the food bank has broken its record three times for the highest number of people served in a day since 2019, when the organization started allowing three visits a month. More and more, people like Jones who haven’t been to the food bank in years, are showing up, Christian said.

“That’s hard on them; they felt they had moved above the poverty line, got some stability but, ‘Here it is 2023 and here I am back in the food line asking strangers for help,’” Christian said.

And in Boston, the line for food on one recent weekend morning “stretched the length of two football fields”…

The line outside Boston’s American Red Cross Food Pantry on a recent Saturday morning stretched the length of two football fields.

The number of people filing into the red-brick industrial-zone warehouse on some days now exceeds the worst periods of the pandemic economic crisis and in April it had the second highest monthly traffic since it opened in 1982, according to David Andre, the director.

We are witnessing so much suffering all over the country right now.

And there are so many more people that are living right on the edge of disaster.

According to one recent survey, approximately 38.5 percent of U.S. adults experienced “some form of difficulty in covering expenses between April 26 and May 8”…

A large swath of American consumers are facing financial hardship as they grapple with elevated living costs, record-high credit card use, and two years of negative real wage growth. This perfect storm could decimate financially fragile households in the next downturn.

As many as 89.1 million American adults (or about 38.5%) were found to experience some form of difficulty in covering expenses between April 26 and May 8, according to Bloomberg, citing new data from the Household Pulse Survey. This is up from 34.4% in 2022 and 26.7% during the same period in 2021.

Of course this is just the beginning.

As I keep warning my readers, things will eventually get much worse.

One thing to watch for this week is whether or not the debt ceiling deal is able to get through Congress.

Kevin McCarthy is confident that he has the votes that he needs to get the deal through the House, but some conservative Republicans are pledging to do all they can to stop it…

Elsewhere within his party, Rep. Chip Roy from Texas called the agreement a ‘turd-sandwich’ and said he had spoken to a number of his colleagues who were not intending to vote on the agreement.

Rep. Ralph Norman, a member of the conservative House Freedom Caucus from South Carolina, called the deal ‘insanity’ and said he was ‘not gonna vote to bankrupt our country’.

If the debt ceiling deal is defeated, I will be quite impressed.

But it would also throw our economy into a tremendous amount of short-term chaos. It will be very interesting to watch and see what happens.

In any event, whatever happens in Washington is not going to fundamentally alter our long-term trajectory, and that means that much more suffering is coming in the days ahead.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

Article cross-posted from The Economic Collapse Blog.