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Most Americans Think Things Are Getting Worse
Townhall.com ^ | September 4, 2014 | Mike Shedlock

Posted on 09/04/2014 8:07:20 AM PDT by Kaslin

In spite of a manufacturing ISM in positive territory for 15 consecutive months, a Gallup Survey shows Economic Confidence at -16, Economic Outlook at -18.

Gallup's Economic Confidence Index is the average of two components: how Americans view current economic conditions and their perception of whether the economy is getting better or worse. In August, 20% said the economy is "excellent" or "good," while 34% said it is poor. This resulted in a current conditions index score of -14, the same current conditions score found for five consecutive months.

Economic outlook has varied a bit more over the past six months, ranging from -14 to -19, although still a much narrower range than in previous years. In August, 38% of Americans said the economy is getting better, while 56% said the economy is getting worse. This resulted in an economic outlook score of -18, similar to the -19 in July.
Gallup Economic Confidence and Current Conditions



click oin chart for sharper image

The Current Conditions Index is derived by taking Excellent plus Good ratings and subtracting Poor.

The Economic Outlook Index is derived by taking those who say the economy is getting better and subtracting those who say it is getting worse.

Both indices have been stable between -13 and -19 for the entire year. The big dip last October is related to Congressional budget bickering.

The economy is is getting better for some, but more say it's getting worse. In aggregate, people do not buy this recovery talk. Should they?


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:
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1 posted on 09/04/2014 8:07:20 AM PDT by Kaslin
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To: Kaslin

‘Most Americans Think Things Are Getting Worse’

That is because by every legitimate measure, they are getting worse!


2 posted on 09/04/2014 8:09:15 AM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Jim from C-Town

Obama Legacy Death Spiral Ping...


3 posted on 09/04/2014 8:10:59 AM PDT by Buckeye McFrog
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To: Kaslin

I don’t think things are getting worse but not improving all that well either and I would cite commercial real-estate as proof of that. For sure if employment were musical chairs, there are fewer chairs to go around and for those without, if they are not trying to build their own chair, their outlook is probably pretty bleak.


4 posted on 09/04/2014 8:13:41 AM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Kaslin

The majority of 109 million takers think the economy is just fine.


5 posted on 09/04/2014 8:14:02 AM PDT by subterfuge (Hey NSA snoop, get a real job you idiot!)
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To: Jim from C-Town

But most Americans will continue re-electing the same clowns and vote for politicans that promise them “free” things. The cycle will continue until this unsustainable system collapses under its own weight and we are visited by great economic hardship.


6 posted on 09/04/2014 8:23:58 AM PDT by Starboard
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To: subterfuge

Right, as long as they’re taken care of. When the music stops its going to get real ugly, and fast.


7 posted on 09/04/2014 8:25:18 AM PDT by Starboard
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To: subterfuge

BTW, the nominal national debt is currently at $17.7 TRILLION, and rising rapidly. The die is cast.


8 posted on 09/04/2014 8:27:06 AM PDT by Starboard
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To: Starboard

The times now remind me of Fall of 1968.... the President had ‘checked out’ after giving away the store with all sorts of programs like “War on Poverty”, blacks rioting everywhere throughout the country the past couple of years, sex and morality going down the tubes, drug use everywhere, the world falling apart all around (Soviets in Cuba armed to the teeth) and the U.S. looking like losers militarily in Vietnam because the President and RATs were not fighting “to win” the war.

What’s worse now is that our current President is a POS Trojan Horse allowing hordes of anti-Americans to come in to this country illegally and unopposed by his own will.


9 posted on 09/04/2014 8:38:47 AM PDT by LibFreeUSA
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To: Jim from C-Town

It’s not just by ‘measures’... it doesn’t feel like the country we loved.


10 posted on 09/04/2014 8:41:08 AM PDT by GOPJ ("If America was a house, the Left would root for the termites." - Greg Gutfeld)
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To: Starboard
Right, as long as they’re taken care of. When the music stops its going to get real ugly, and fast.

That's when the pitchforks come out, along with tar, feathers and ROPES!
Life as a politician won't be so sweet.

11 posted on 09/04/2014 8:46:08 AM PDT by The Sons of Liberty (I want a Speaker who'll stick that pen and phone where no one but Reggie Love can find it!)
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To: Kaslin

Then there are those of us who KNOW things are getting worse.


12 posted on 09/04/2014 9:01:02 AM PDT by Iron Munro (Why democrat voters are like sperm: Only 1 in a million work.)
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To: Kaslin

Mexico calls the USA the other Mexico Obama&CO feel the pride.


13 posted on 09/04/2014 9:09:11 AM PDT by Vaduz
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To: Kaslin

Let’s see. A multinational corporation sells its products in the US, but only employs a minimal number of clerical staff in America, all of whom are green card workers. And it pays no US taxes other than sales taxes.

However, this multinational corporation is having a good year. Does this in any way improve the economy of the United States?


14 posted on 09/04/2014 9:25:17 AM PDT by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: Kaslin
Most Americans are right.

Wait until the Fed stops propping the market up. That IS going to be ugly.

15 posted on 09/04/2014 9:33:01 AM PDT by skimbell
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To: Kaslin

Most Americans are correct.


16 posted on 09/04/2014 9:48:33 AM PDT by WayneS (Don't blame me, I voted for Kodos.)
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To: Kaslin

One reason is that ALL new jobs are going to illegal aliens.

If your are ‘American’—things ARE getting worse.


17 posted on 09/04/2014 9:54:58 AM PDT by Flintlock (Deport them ALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!)
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To: WayneS; skimbell; Iron Munro

Who cares Wayne..

Look at the breaking news sidebar on this site...

It’s filled with nothing but foreign news, posted by the same people over and over...

While America here at home implodes...


18 posted on 09/04/2014 9:55:11 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Kaslin

Some of my fellow Americans are finally waking up!


19 posted on 09/04/2014 11:11:44 AM PDT by PATRIOT1876
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To: Kaslin

And they’ll blame it on George Bush and Republicans and vote for Progressives, en masse, because Progressives are brilliant, intellectual, really-really smart geniuses.
(Just like them.)

IMHO


20 posted on 09/04/2014 11:17:34 AM PDT by ripley
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