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Current Events => Economics => Topic started by: BlueStateSaint on July 13, 2011, 12:24:58 PM

Title: Pessimism deepens as economic concerns rise: Reuters/Ipsos poll
Post by: BlueStateSaint on July 13, 2011, 12:24:58 PM
Mods, if this belongs in BN, please move it there.

Quote
Pessimism deepens as economic concerns rise: Reuters/Ipsos poll

(http://s4.reutersmedia.net/resources/r/?m=02&d=20110713&t=2&i=458129120&w=460&fh=&fw=&ll=&pl=&r=2011-07-13T163014Z_01_BTRE76C19UH00_RTROPTP_0_USA-ECONOMY-INEQUALITY)

By John Whitesides

WASHINGTON | Wed Jul 13, 2011 12:30pm EDT

WASHINGTON (Reuters) - Americans are deeply pessimistic about the future as economic concerns rise and White House talks on raising the U.S. debt limit sputter, according to a Reuters/Ipsos poll released on Wednesday.

The number of Americans who believe the country is on the wrong track rose to 63 percent this month, up from 60 percent in June, with stubbornly high unemployment and prolonged gridlock in Washington dashing hopes of a swift economic recovery.

But voters do not appear to be holding President Barack Obama responsible for the problems so far. Obama's approval rating held relatively steady at 49 percent, down 1 percentage point from June. His approval rating among independents -- a group Obama needs to win re-election -- fell to 39 percent from 44 percent.

Obama's standing could deteriorate quickly if the economy does not begin to generate jobs and if Washington cannot show it is capable of solving problems, Ipsos pollster Julie Clark said.

"If those things don't happen, Obama will be in for a real challenge in getting re-elected next year," Clark said.

You don't say? :whatever:

Anyway, the rest of the piece is at:

http://www.reuters.com/article/2011/07/13/us-usa-campaign-poll-idUSTRE76C3ZO20110713
Title: Re: Pessimism deepens as economic concerns rise: Reuters/Ipsos poll
Post by: true_blood on July 14, 2011, 08:26:00 PM
So much uncertainty in this Country, it is not even funny. Companies are afraid to grow, people are afraid to buy things, food prices are up, as well as gas prices.
Not to mention all the banks that have closed down and a stagnant stock market.