Friday, April 18, 2008

How True

And from a recent ABC/WaPo poll:
Nine in 10 Americans now give the economy a negative rating, with a majority saying it is in "poor" shape, the most to say so in more than 15 years. And the sense that things are bad has spread swiftly. The percentage who hold a negative view of the economy is up 33 points over the past year, and the percentage who rate the economy "poor" has increased 13 points in the past two months. That is the quickest 60-day decline since The Post and ABC started asking the question, in 1985.
Two-thirds of Democrats call the economy downright "poor," as do a majority of independents. But while a wide majority of Republicans rate the economy negatively, only about three in 10 describe conditions as that dire, and most have a positive take on the future. Most Democrats and independents, however, hold pessimistic views about the next 12 months.

Economic ratings are flagging across partisan lines, and overall optimism is at a new low among all Americans: Nearly six in 10 said they feel pessimistic about the economy for the coming year, a seven-point increase since early February. And those who think the situation is already in poor shape do not have high hopes for recovery anytime soon; nearly three-quarters of them have a negative view about the next 12 months.


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