Overwhelming Majority Of Americans Think The Economy Is ‘Poor’: POLL
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Translation: Reality sucks for welfare collecting democrats like yourself. Kill yourself. Now would be great. Believe me no one will miss you.
gemini104104
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NO ONE IS BUYING THE DUNCE-O-CRATS "EVERYTHING IS WONDERFUL!!" BULLSHIT, AS AMERICANS BELEIVE THEOR OWN ETYES AND LIVES OVER LIE-O-CRAT GASLIGHTING.
Overwhelming Majority Of Americans Think The Economy Is ‘Poor’: POLL
Over four-fifths of Americans think the state of the economy is “poor” or “not good,” according to a Wall Street Journal-NORC Poll released Monday.
Approximately 83% of respondents said they had a negative outlook on the economy, while 35% said they were not at all satisfied with their current financial situation, The Wall Street Journal reported. The latter is the highest percentage recorded since NORC began asking the question in 1972.
Only 27% of respondents said they think they have a good chance of improving their standard of living, representing a 20-point decline from 2021. Almost 40% said their financial situation had worsened over the past couple of years.
The rise of inflation was the most common reason given for the negative economic perspective, Jennifer Benz, vice president of public affairs and media research at NORC, told the WS Journal.
The annual rate of inflation was 8.3% in April, which represented the largest year-over-year increase since January 1982, excluding March of this year. The cost of gas is a major factor in the increase, with the price at the pump surging to all-time records, according to AAA data.
https://dailycaller.com/2022/06/06/80-percent-americans-economy-bad-inflation-poll/
Well troll, if anything it was your lawlessly hacked piece of dog shit tRump and his swine repukes who got the ball rolling at conspiring to do harm against the entire global economy and you want to know why? Here are the reasons why:
5 Ways the Trump Administration’s Policy Failures Compounded the Coronavirus-Induced Economic Crisis
Last week, the total coronavirus death toll in the United States surpassed 100,000—a grim milestone in a battle that the Trump administration was not adequately prepared to fight. The United States now accounts for more than a quarter of the world’s COVID-19 deaths despite only accounting for roughly 4 percent of its population. The Trump administration’s failed public health response is mirrored by its failure to respond to the economic crisis, which has led to an economic fallout that sets the United States apart from other high-income nations.
With some 37.6 million Americans filing for unemployment insurance since the beginning of March and the official unemployment rate reaching 14.7 percent in April—a level not seen since the Great Depression—the American economy is in a disastrous state, with repercussions expected for years to come. The level of economic and public health pain that Americans are now experiencing, however, was not inevitable, but rather the consequence of a series of policy failures that started well before the coronavirus outbreak. The Trump administration’s past actions weakened the United States’ ability to respond to the pandemic, and its current actions continue to exacerbate the dual public health and economic crises. Although Congress was able to pass a series of stimulus measures that have blunted the economic pain for families, this relief happened in spite of the Trump administration, not because of it.
The weakness of the Trump administration’s economic response to the coronavirus crisis—much like the failure of its public health response—can be seen in comparison with the United States’ international peers. As demonstrated by the experiences of peer nations, a rapid and coordinated public health response could have contained the pandemic more effectively and reduced the mounting economic losses. Instead, it seems as though the United States is getting the worst of both: the highest death toll of any country and what will likely be the sharpest economic contraction in American history.
Cross-country comparisons of unemployment rates illuminate how effective strong worker protections and early testing measures could have been in the United States had they been promoted by the federal government. South Korea, which largely avoided shutting down its economy due to its early and aggressive actions, recorded an unemployment rate of 3.8 percent in April—only slightly above the 3.3 percent figure recorded in February. Australia, which implemented a wage subsidy program equivalent to 3.5 percent of its gross domestic product (GDP), has seen its unemployment rate increase from 5.1 percent to 6.2 percent over the same time period. Germany, too, only saw a modest increase in its unemployment rate, as it ticked up from 5.0 percent to 5.8 percent. The United States, on the other hand, recorded an unemployment rate of 14.7 percent in April—up dramatically from the 3.5 percent figure in February."
https://www.americanprogress.org/ar...mpounded-coronavirus-induced-economic-crisis/
