Former Labor Secretary Robert Reich predicted that people would change their minds about the economy as soon as next year.

On MSNBC's The ReidOut, Reich acknowledged negative polling surrounding the economy a year after the Inflation Reduction Act went into effect. According to Reich, many still feel pressure from the pandemic and subsequent inflation.

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"I think a lot of people are still kind of uncomfortable with regard to the future. They're so traumatized from everything that's gone on," Reich said. "And on top of that, you have a Republican Party that, as we've been talking about, is trying to tell people that things are terrible when, in fact, they're good."

Host Joy Reid seemed to imply that those surveyed are informed by personal circumstances, for example, "If you don't like your job, then you say that unemployment is high." She noted many perceive inflation is going on despite an unemployment low of 3.6%.

"I believe that over the next six to eight months, Americans who now don't think the economy is all that good are going to realize that it is," Reich said, adding, "I think that a lot of [the Inflation Reduction Act] is going to stimulate the economy exactly at the right time."

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A CNN poll found 51% of adults said the "economy is still in a downturn and conditions are continuing to worsen," compared to 48% of voters who were more hopeful.

Inflation fell to just under 3% in June. The economy has added an average of more than 278,000 jobs per month this year.