Poll Watch: Americans pessimistic about the state of the economy
By Matt Holdridge
Put this post in the “take it for what it’s worth sections.”
In advance of Ben Bernanke’s upcoming “press conference,” a series of polls have been released showing Americans are increasingly pessimistic about the economy.
A Gallup poll found only 33 percent of Americans thought the economy was getting better, a large drop from January when the poll found 41 percent optimistic about the economy.
The recent Washington Post/ABC News poll found 44 percent thought the economy was getting worse–the highest it has been in over two years.
Finally, released yesterday, NYT/CBS News poll found that 39 percent believe the economy is getting worse, which is a 13-point increase from just last month – and the highest number in years.
What does this mean? Who knows.
While voters’ poor economic outlook has often been bad for currently sitting elected officials, especially presidents or governors, I’ve often noted the fickle nature of these same voters. Combined with other variables (such as gas prices), it’s rather difficult to tell whether the poor economy will be the deciding factor in next year’s election. However, there is no doubt it will play a part.
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