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Survey: Americans’ pessimism on economy has grown
Associated Press ^ | Aug 28, 2014 12:02 AM EDT | Josh Boak

Posted on 08/28/2014 1:21:39 AM PDT by Olog-hai

Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.

Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers University. By contrast, in November 2009, five months after the recession officially ended, the Rutgers researchers found that only 49 percent thought the downturn would have lasting damage.

And that was when the unemployment rate was 9.9 percent, compared with the current 6.2 percent. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Society
KEYWORDS: liberalagenda; obama; pessimism; useconomy
That’s because they are not falling for the AssPress’ propaganda. Quite a bit of falsehood in this piece.
1 posted on 08/28/2014 1:21:40 AM PDT by Olog-hai
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To: Olog-hai
despite stock market gains, falling unemployment and growth moving closer to full health.

All manipulated by the government. No body is falling for their tricks. The government claims that unemployment is falling, but there are more people out of work than ever before.

2 posted on 08/28/2014 1:27:17 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Olog-hai

I was surprised yesterday. Local news painted a picture did not think would be painted of the state. Local news mentioned unemployment was up in my state. That would not have been said under any circumstances six months ago by local news. The data is becoming harder to hide perhaps?


3 posted on 08/28/2014 1:27:43 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Olog-hai

Then again, here is the other side of the coin in my state. During the last election republicans captured nearly elective office at the state level. Another election is nearing so is the local media talking down republicans to the voters and attempting to generate turn out for democrats?


4 posted on 08/28/2014 1:38:10 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Olog-hai

After reading the excerpt I could not read the full article. Is the author stupid or does the author think we’re stupid?


5 posted on 08/28/2014 2:00:24 AM PDT by Conspiracy Guy (Stop wishing for a perfect world. You may get it. Who will you talk to then?)
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To: Conspiracy Guy

If one repeats a lie enough times ... Yadda yadda yadda ...


6 posted on 08/28/2014 2:04:14 AM PDT by The Duke ("Forgiveness is between them and God, it's my job to arrange the meeting.")
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To: Conspiracy Guy

Given that he worked as a Politico economics reporter, if he is not stupid, he is certainly heavily brainwashed.


7 posted on 08/28/2014 2:13:11 AM PDT by Olog-hai
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To: no-to-illegals

Which state?

Give us a clue. NSA already knows.


8 posted on 08/28/2014 2:24:16 AM PDT by Laslo Fripp (The Sybil of Free Republic)
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To: Olog-hai

despite stock market gains, falling unemployment and growth moving closer to full health.

BS meter at 100%.
Federal Street or Wall Reserve is up and once everyone is in, the elite profit taking begins. I would say October is a good bet.


9 posted on 08/28/2014 4:36:04 AM PDT by cp124 (Government is value subtracted.)
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To: Olog-hai

The recession didnt put a permanent drag on the economy, dim-0s have.

Just like in EVERY CASE , when
Republicans pick up power, the economy does better. When dim-0s pick up power,
the economy falters.

It happened when carter gained the WH, the economy got WORSE.

It happened when Reagan gained the WH, the economy got BETTER.

It happened when clinton gained the WH, economic growth dropped from over 4%,
to about 2% 2 years later.

It happened in jan ‘95, when Republicans took over congress, the economy caught
fire and sported some of the best times in our history, including balanced
budgets and even a PROJECTED surplus.

It happened in jan ‘01 when W. gained the WH. He inherited a recession, a crashing market and 9-11 with terrorists in our country planning and training. He turned that into the longest running jobs expansion in our history with an average 5.2% unemployment number.

It happened AGAIN in jan ‘07, when dim-0 gained control of congress promising
“CHANGE” from the 4.4% unemployment, mid 4% economic growth, and the
longest running jobs expansion in the history of the nation.
“CHANGED” to depression.


10 posted on 08/28/2014 5:09:25 AM PDT by weezel
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To: Laslo Fripp

Think of bullets wrapped in paper.


11 posted on 08/28/2014 5:18:54 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Olog-hai

Rush pointed out yesterday that polling on individual Senate races has also quietly disappeared. Hmmmm.....


12 posted on 08/28/2014 5:24:58 AM PDT by Buckeye McFrog
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To: Olog-hai

Just saying.

America needs to bring back American production.

Stop making everything in China.


13 posted on 08/28/2014 5:28:01 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: no-to-illegals

And that was when the unemployment rate was 9.9 percent, compared with the current 6.2 percent.


It appears your local news didn’t get notice?


14 posted on 08/28/2014 5:30:17 AM PDT by PeterPrinciple
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To: Cringing Negativism Network

How about Canada? They got Warren Buffett to bring Burger King there and away from Florida. How? By lowering corporate tax rate to 15 percent. (And Buffett is notorious for saying that paying higher taxes in the USA is “patriotic”.)

Jobs won’t be coming back here when the USA has the highest of that particular tax rate on the planet, never mind the regulations on top of all that.

Of course, once too many people are out of work here and nobody can buy anything, what then?


15 posted on 08/28/2014 5:31:40 AM PDT by Olog-hai
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To: Olog-hai

I completely agree with your last sentence, which is why I am on the “Buy American” kick.

Just saying.


16 posted on 08/28/2014 5:33:33 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: PeterPrinciple

Don’t know ... puzzling.


17 posted on 08/28/2014 5:34:09 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: The Duke

With the low information voter, you don’t even have to repeat that often. You could tell them there is 0 unemployment and even the ones who are unemployed would believe it.


18 posted on 08/28/2014 5:55:38 AM PDT by Conspiracy Guy (Stop wishing for a perfect world. You may get it. Who will you talk to then?)
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To: Olog-hai

Brainwashed and Stupid, have become synonyms in this age. It used to be that you had to be born stupid. Now you can become stupid. Science marches on.


19 posted on 08/28/2014 5:57:49 AM PDT by Conspiracy Guy (Stop wishing for a perfect world. You may get it. Who will you talk to then?)
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