CommunityElections

Americans Become More Negative about the Economy

American confidence in the state economy has taken a negative turn recently according to the latest poll from Gallup.

Economic Confidence Index by Week, 2010 and 2011

The poll found that only 30 percent of the Americans think the economy is getting better. That is large drop from a month ago when 37 felt the economy was improving.

Most worrying for the Obama campaign should be that the number of Americans who rated the state of the economy “poor” also tied the record high for this year at 47 percent.

I simply fail to see how any incumbent could win when nearly half the country rankings the economy, the number one issue with voters, as poor.

So far Obama plan to improve the economic/jobs situation right now that seems come down to a silly theory about appeasing confidence fairies, possibly a payroll tax cuts for employers, and a lot of hoping things get better on their own.

It does cause me to see that fashion 2008 campaign poster in a whole new light.

 

 

 

Previous post

Bankers Mug Greece Today, You Tomorrow

Next post

Ron Paul Reminds Nation that President Commands Armed Forces, Not the Other Way Around

Jon Walker

Jon Walker

Jonathan Walker grew up in New Jersey. He graduated from Wesleyan University in 2006. He is now living in the Washington DC area. He created a politics and policy blog, The Walker Report (http://jwalkerreport.blogspot.com/).

42 Comments