Saturday, November 24, 2012

Americans have a grimmer view of the economy since President Obama was elected

52% of Americans are dumber than an ox.

Are People Getting Dumber? One Geneticist Thinks So

 and so Does Bill Whittle


Fifty percent (50%) of American Adults now believe the economy will be weaker in a year's time. That's a 27-point jump from October and the lowest finding since September of last year. Thirty-six percent (36%) predict the economy will be weaker five years from now, the highest level of pessimism in nearly four years.

The increase in pessimism comes from Republicans and those not affiliated with either major political party. Just before President Obama was reelected, Republicans were evenly divided as to whether the economy would be better or worse a year from now. Today, only 11% of Republicans believe the economy will be stronger in a year.  An overwhelming 74% in the GOP believe it will be worse.

Among the unaffiliated, the number expecting it to be weaker jumped from 19% before President Obama’s victory to 50% today. For Democrats, the election did little to change their views—just over 6 out of 10 expect the economy to be stronger in a year. That was true both before and after the election.

More @ Rasmussen

2 comments:

  1. Once the new obamacare taxes go into effect and the social security taxes go back to normal, the increasing cost of every day goods and diminishing take home pay will take it's toll on consumer spending, which is the engine of our sick economy...

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    1. Of course, it has been creeping upwards for a long time. I see no light at the end of the tunnel.

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