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Americans in new poll deeply pessimistic about economy, inflation

According to a new poll, 83% of Americans are pessimistic about the US economy – describing it as “poor or not so good,” while 35% say they aren’t satisfied with their financial situation – the highest level of dissatisfaction in the 50 years since the Wall Street Journal-NORC (University of Chicago) poll began.

Only 27% of the 1,071 adults polled say they have a good chance of improving their standard of living – a 20% drop from last year, while 46% said they don’t.

Meanwhile, 38% said their financial situation had gotten worse in the past few years – marking the second time since the 2007-2009 recession that more than 30% of respondents said their finances were worse off, according to 50 years of data. Some 60% said they were pessimistic about the ability for most people to achieve the American dream.

Around 2/3 of those polled said it would be ‘somewhat or very easy’ to find a new job with around the same income and benefits – the highest % since 1977. That said, the overall results of the poll suggest that Democrats ‘face a dispirited electorate heading into November’s elections,’ as respondents’ despondent view of things suggests that ‘a connective tissue of pessimism underlies Americans’ economic and social attitudes.”



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