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.
Not too surprising since the President has done nearly everything in his power to transform a medium size recession into another great depression. 🙁
His ‘damn the torpedoes, full speed ahead’ approach to health-care ‘reform’ discourages businesses from even thinking about hiring.
Our only security is in the Lord.