Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 12:06:49 PM CDT

Learn about Newser Points »

« Back to the grid | Next story »

Worry Over Economy Highest in 14-Plus Years

Posted Feb 4, 08 11:35 AM CST in US,  Business 

(Newser) – Americans' concern over the domestic economy is at a level not seen in nearly 15 years, and voters doubt the Bush stimulus package will avert a recession, a new Washington Post-ABC News poll shows. Eight in 10 Americans rate the economy as "not so good" or "poor," and 39% say the economy and job security are their primary electoral concern.

Americans have little faith in lawmakers' plan to inject billions into the economy through checks and tax incentives, but two-thirds of voters are optimistic about their financial situation over the next 12 months. Meanwhile, the public sides with Democrats on the economy, health care, the federal deficit, and taxes; on immigration issues, they're split between parties.

Source Washington Post

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Restaurants, Retailers Gulp as Consumers Tighten Belts

    Apr 27, 08 11:46 AM CDT
    Restaurants, Retailers Gulp as Consumers Tighten Belts The rising price of staples like milk and gas, coupled with layoffs and flat-lining wages, is creating a nation of penny-pinching consumers, the New York Times reports. Industry is taking notice as buyers substitute generic brands for top-of-the-line products and skip eating out at restaurants. More »

  • Pelosi, Dems Hijack Colombia Free-Trade Deal

    Apr 9, 08 6:58 PM CDT
    Pelosi, Dems Hijack Colombia Free-Trade Deal Congressional Democrats thumbed their noses today at Bush's renewed efforts to pass a free-trade pact with Colombia. Bush sent the bill over Monday, mandating Congress to vote yea or nay within 90 days. Or so he thought. Nancy Pelosi is changing the House rules and won't allow a vote until the White House attends to more pressing domestic issues, the New York Times reports. More »

  • Dems Push New Aid Package as Job Market Swoons

    Apr 5, 08 9:25 AM CDT
    Dems Push New Aid Package as Job Market Swoons Democrats are calling for another stimulus package to help American workers as unemployment soars, the New York Times reports. Almost 250,000 American jobs have been lost since the beginning of the year—including 80,000 in March—leading one policy expert to say it's time the government switched focus from the housing crisis to the flagging job market. More »

  • US Drops 80,000 Jobs, Biggest Loss in 5 Years

    Apr 4, 08 8:00 AM CDT
    US Drops 80,000 Jobs, Biggest Loss in 5 Years Unemployment surged in March to 5.1%, the worst it’s been since September 2005, reports the Wall Street Journal. The country lost 80,000 non-farm jobs last month after dropping 76,000 jobs in both January and February. The third sharp drop fuels fears that the US has slipped into a recession and may prompt another interest rate cut by the Fed. More »

  • Troubled US off the Rails: Poll

    Apr 4, 08 3:53 AM CDT
    Troubled US off the Rails: Poll The vast majority of Americans are pessimistic about the nation's future and believe the problem-plagued US is heading in the wrong direction. More than 80% believe that “things have seriously gotten off on the wrong track.” That's the highest dissatisfaction rate since the New York Times/CBS News poll began in the early 90s. The grim findings could spell big trouble for Republicans in November. More »

Shoppers head into a subway station in New York's Lower East Side on Friday, Jan. 25, 2008. The Conference Board report Tuesday that consumer confidence fell sharply in January on worries over deteriorating...   (Associated Press)
Unemployed people wait in line at the California Employment Development Department in San Jose, Calif., in this Wednesday, Jan. 16, 2008 file photo. (AP Photo/Paul Sakuma File)   (Associated Press)
President Bush speaks on the state of the economy during an address to employees at Hallmark Card Inc., Friday, Feb. 1, 2008, in Kansas City, Mo. (AP Photo/Pablo Martinez Monsivais)   (Associated Press)
Two homes are for sale at reduced prices in Lockport, N.Y., Tuesday, Nov. 27, 2007. (AP Photo/David Duprey)   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (1 of 2)

Tags

US economy  • recession  • poll  • stimulus package


Loading...

Loading...

Today's Most Popular


Other Business Stories

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »