Americans' Outlook on Personal Finances Unchanged Under Obama

[tekisui]

Source: McClatchy

WASHINGTON — Two years of massive federal efforts to stimulate the economy have had no effect on how people feel about their own pocketbooks, according to a new McClatchy-Marist poll.

The survey found that 28 percent of American adults think their family finances will get better in the next year, 20 percent think they'll get worse and 52 percent think they'll stay the same.

That's almost identical to what the poll found in April 2009, near the beginning of the Obama administration. Then, 28 percent thought their finances would get better, 22 percent thought they'd get worse and 50 percent thought they'd stay the same.

The numbers have been very similar in between, as well.

"Through all the ups and downs of the economy, and give and take among the nation's political leadership, Americans' expectations about their personal finances have remained essentially unchanged," said Lee Miringoff, the director of the Marist Institute for Public Opinion at Marist College in Poughkeepsie, N.Y., which conducted the national survey.

Read more: http://www.mcclatchydc.com/2011/07/06/117129/americans-outlook-on-personal.html#ixzz1RQWO5oK8

[Bluenorthwest]

1. That is because nothing is being done for the economy we

live in, no effort has been made to improve the situation. The Banksters are all fine now, but not the regular families and people.

[tekisui]

2. It is going to be hard for Obama to earn the confidence of a 2nd term

when people look at their pocketbooks.