The Daily Caller

The Daily Caller

Three-quarters of public say things in the country are going badly

Three-quarters of the American public now believe that the country’s affairs are going pretty or very badly, according to a new CNN/ORC poll released Monday.

When asked how well things are going in the country today, 75 percent of respondents said it was going pretty badly or very badly. That’s a 15 percentage point increase since the end of May, when 60 percent polled said things were going very badly or pretty badly, while 39 percent said things were going very well or fairly well. Now just 24 percent say things are going fairly well or very well.

The poll surveyed 1,008 Americans aged 18 and over in phone interviews from August 5 through August 7. That means people were surveyed after Congress passed a deal raising the debt ceiling on Tuesday and after the Dow crashed 513 points on Thursday, but both before and after Standard & Poor’s downgraded the United States’ credit rating after the markets closed on Friday evening.

The stock market’s precipitous decline over the past few weeks did not seem to be a major factor for most people. Sixty percent said “the fall of the stock market in recent weeks” did not change their opinion of the American economy, while 38 percent said their confidence was shaken.

Part of that may be due to the fact that a number of Americans had little stake in the stock market. Forty-five percent said the stock market falling did not affect their family’s financial position at all and 39 percent said it affected their personal finances only in a minor way. Just 16 percent said it had a major effect.

In general, people are very pessimistic about the state of the economy. Sixty percent said that in their view, “the economy is still in a downturn and conditions are continuing to worsen,” compared to just 36 percent who felt that way at the beginning of April. Thirty-one percent said that “economic recovery has not started but conditions have stabilized and are not getting any worse” and just 9 percent said that recovery had begun.

More Americans seem to have come to terms with the debt ceiling deal, with the public now evenly split on whether they approve or disapprove. Forty-eight percent said they approved of the deal, while 50 percent said they disapproved. Last week, a CNN/ORC poll found that just 44 percent approved of the deal, while 52 percent disapproved.

This poll has a margin of error of plus or minus three percentage points.

  • Ikaria1

    Repulicans want things to go badly because they dont want a blackman with a brain in office in 2012.!

    Plus The Rich Insurance Companies would not stand for a president who wants poor people to have an alternative for affordable Health Insurance. He really sounds like a bad man doesn’t he. He actuall has the gall to want to help people!

    • Dabears54348

      Then maybe he should have gone after the insurance companies and their rich lobby.  Obama is in bed with the corrupt corporate giants and banks.  He just pretends to care about the middle class and poor.  n the end, they don’t line his pockets.  Just another politician that only cares about himself.  Wish everyone would take their blinders off to see it!!!!!

    • KPJ754

      YOU REALLY NEED TO DO SOME RESEARCH!  YOU DON’T KNOW WHAT YOU’RE TALKING ABOUT…& EVERYTHING YOU SAY IS AGAINST THE REPUBLICANS…WE GOT YOUR POINT, YOU’RE A DEM, SO YOU CAN QUIT BEING AN IDIOT TRY MAKING AN ACTUAL POINT INSTEAD!
       

    • JLL

      Keep shoveling… nobodies buying we all hate black people crap anymore. The man could be plaid for all I care. Bad policies are bad policies. Incompetence is colorblind. Try opening your own eyes for once.

  • JLL

    Going badly, gee YOU THINK!??!

  • notalone

    Going badly – more like headed over the cliff!!

  • http://twitter.com/SueDinNY SueDinNY

    How can you “approve” of a bill that basically does nothing to solve the debt problem or out of control spending. This bill basically approves $7 trillion more in debt!!! Unsustainable. The American people have their head in the sand. 

    • bigdave

      THATS JUST A NICE WAY TO PUT WHERE THEIR HEADS REALLY ARE!!! OBAMBOOZLER SUPPORTERS ESPECIALLY. AND I MEAN WAY UP THERE!!!

      • Ikaria1

        Especially if you are a repulican!

    • Ikaria1

      SueDinNY—Where Is Your Brain.  If the U.s did not pass the Debt ceiling approval then all Businessman and Republicans & Dems  including the whole American Public would have been in the toliet. Like Real Financial Ruin. Please Start to Think with your Brain if if have one.!

      • DieLiberalsDie

        Apparently your brain isn’t working.  If it were you would have said, “think with your brain if you have one.”  Not, “if if have one.”  Clean your own house first.

  • theveed

    Good LORD!! are you kidding me??? what the hell is wrong with the remaining 25%?? I mean what will it take, hunger-bloated bellies? women not allowed to drive? 150 dollar Big Mac?