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Poll: Worse Off Under Obama

Mike

Well-known member
More than 50 percent of Americans say they are worse off now than they were two years ago when President Barack Obama took office, and two-thirds believe the country is headed in the wrong direction, a Bloomberg National Poll shows.

The survey, conducted Dec. 4-7, finds that 51 percent of respondents think their situation has deteriorated, compared with 35 percent who say they’re doing better. The balance isn’t sure. Americans have grown more downbeat about the country’s future in just the last couple of months, the poll shows. The pessimism cuts across political parties and age groups, and is common to both sexes.

The negative sentiment may cast a pall over the holiday shopping season, according to the poll. A plurality of those surveyed -- 46 percent -- expects to spend less this year than last; only 12 percent anticipate spending more. Holiday sales rose by just under a half percent last year after falling by almost 4 percent in 2008.
 

Steve

Well-known member
When both discouraged workers and the underemployed are considered in the unemployment rate, you end up with the U6 rate, or the "real" unemployment rate. For September, that rate increased from 16.7 to 17.1 percent.

Gallup, on the other hand, doesn't use seasonal adjustments in its underemployment reports. As a result, according to Gallup, the September underemployment rate was 18.6 percent.

and for the youngsters who supported Obama
Certain groups are faring worse than the national average. Thirty percent of Americans aged 18 to 29,are underemployed so far in September.

But when it comes to the real unemployment rate, John Williams of Shadowstats.com paints an even bleaker picture with an underemployment rate of near 23 percent.

John Williams includes long-term discouraged workers, who "were defined out of official existence in 1994," to arrive at his underemployment estimate.



At that rate of job creation, it will take about 8 years to return to full employment.

two years of mismanaging a recession.. just to make it feel like a depression. .

no wonder Americans are discouraged... In fact I am surprised that any one is claiming to be better off today...
 
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