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Economic Optimism Index Dives Among Middle Class: Poll
Investor's Business Daily ^ | 02/10/2015 | John Merline

Posted on 02/10/2015 7:34:22 AM PST by IBD editorial writer

Just weeks after President Obama proclaimed that America had turned the corner and his "middle class economics" was working, the public is more pessimistic than they've been in months, and few think Obama's policies have significantly helped the middle class, the latest IBD/TIPP poll finds.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: economy; jobs; middleclass; obama

1 posted on 02/10/2015 7:34:22 AM PST by IBD editorial writer
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To: IBD editorial writer

“Turn the corner” often enough and you are in a box.


2 posted on 02/10/2015 7:36:58 AM PST by headstamp 2
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To: IBD editorial writer

The temporary respit from expensive gas was like giving a quick shot of air from your tank to your diving partner that has run out of air.

And now as the price of gas seems to be going up again, even THAT air is running down. I wonder what the next quick shot of air will be, or will there be one.

They have been kicking the can down the road for years, each time it goes less distance. Are we close to the day they kick it and it is immovable?

Oh man that is gonna be ugly in the “The bigger they are, the harder they fall” vein.


3 posted on 02/10/2015 7:37:00 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: cuban leaf
I said back when gas prices were lower, that it would give American’s a feel good feeling but it would be temporary.

The economy is creating jobs. Wages are rising. However, this is looking more like 2007 than 1984. Wages are still down from 2009 and this recovery still remains sluggish by historical standards.
If this poll is accurate, it may reflect the aftermath of BHO’s speech and his budget were it's clear he wants to spend more.

What the hell is “middle class economics?”

4 posted on 02/10/2015 7:44:55 AM PST by LMAO (("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush))
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To: LMAO

Crap jobs. Slaves for the elites.


5 posted on 02/10/2015 7:51:20 AM PST by cp124 (Government is value subtracted.)
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To: IBD editorial writer

The public also isn’t buying Obama’s claim that his “middle class economics” policies are succeeding”

Only because they are looking at things the wrong way, His policies are trying to Destroy the Middle Class, they think he wants to help them, when the only help he is offering is food stamps.


6 posted on 02/10/2015 7:57:50 AM PST by eyeamok
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To: IBD editorial writer

Then why the rise in approval? Yes, it can be fabricated, but I think there was a real bump with lower gas prices and better unemployment numbers. It may be the traditional 1st of the year optimism we saw throughout his first term (it wasn’t seen last year because of the Obamacare website fiasco.

It will be interesting to see if it settles back down in Feb/Mar.


7 posted on 02/10/2015 8:10:52 AM PST by ilgipper
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To: IBD editorial writer; kristinn; governsleastgovernsbest

Well will this poll result make it on the evening news networks???


8 posted on 02/10/2015 8:33:23 AM PST by SoFloFreeper
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To: IBD editorial writer
"What we know is middle-class economics works," is how Obama put it in remarks to a Philadelphia audience.

Just curious...who was in this audience? High school students? Democrat party workers? Planned parenthood volunteers? Seriously? Who buys this s#|t anymore?

9 posted on 02/10/2015 10:24:40 AM PST by uncitizen (They demand we judge them by the color of their skin)
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To: cuban leaf

I think this country is like a tree that has been “girdled”. For those who don’t know the term it means to make a cut around the trunk of a tree just deep enough to penetrate through the inner bark all the way around. This allows sap to flow up through the inner tree to the leaves but does not allow the flow back down to the roots of the tree. A girdled tree will continue to grow above the cut for a season and maybe most of a second summer but it stops growing immediately below the cut. After a year or so the roots are dead and the whole tree dies and rots where it stands. I like to use the method on sweetgum trees that are in the way because it prevents shoots from appearing below the cut. If you just cut a sweetgum down it will produce a forest of shoots which develop into a cluster of young trees growing from the old stump, girdling prevents this. After the roots die you can cut the tree down and burn it without concern for new sprouts.


10 posted on 02/10/2015 10:32:19 AM PST by RipSawyer (OPM is the religion of the sheeple.)
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To: LMAO

“this is looking more like 2007 than 1984.”
////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

I think it looks a lot like “1984”.


11 posted on 02/10/2015 10:34:18 AM PST by RipSawyer (OPM is the religion of the sheeple.)
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To: RipSawyer

That’s good to know! I’ve got about 25 acres of woods I’m trying to thin.


12 posted on 02/10/2015 10:37:19 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: headstamp 2

Obamanomics at work:

https://www.youtube.com/watch?v=NBn0yWmbd5U


13 posted on 02/10/2015 10:08:43 PM PST by kaehurowing
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