People vote in poll: O's economy failing

Confidence In Economy's Future Is At Lowest Point of Obama's Presidency

Views of the country's short- and long-term economic future are gloomier these days than they have been at any time since President Obama took office in January of last year.

Forty-two percent (42%) of American adults now expect the U.S. economy to be weaker in one year’s time, up three points from January and the highest level found in 14 months of regular tracking on the question, according to a new Rasmussen Reports national telephone survey.

Thirty-six percent (36%) believe the economy will be stronger in a year, down two points from last month. That’s the lowest level of confidence measured since tracking began in January 2009. Another 13% expect the state of the economy to be about the same in one year’s time.

Still, 51% of adults expect the economy to be stronger in five years. Yet while that’s down only slightly from January, it's 13 points lower than in March of last year.

One-in-four adults (25%) expect the economy to be weaker in five years, the highest level of pessimism measured to date. Last March, just 17% felt that way. ...

http://www.rasmussenreports.com/public_content/business/general_business/february_2010/confidence_in_economy_s_future_is_at_lowest_point_of_obama_s_presidency


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