Two-Thirds of Americans Rate Economy As Poor
Posted Mar 02, 2009 at 10:12 AM by Maurice Berger
In an indication that Americans remain pessimistic about the nation's economy future, the vast majority of respondents in a recent poll now rate the economy as poor: According to Rasmussen Reports, just 8% of adults rate the economy as good or excellent and 66% say the economy is poor. Meanwhile only 11% say the economy is getting better and 66% believe it is getting worse. 81% think the United States is currently in a recession, while 8% disagree. This lack of confidence represents one of the most daunting challenges facing the new Obama administration. In recessionary times, a lack of optimism can suppress consumer spending, leading to a vicious cycle of economic anxiety and decline.
