Whopping 90% of Americans think the economy stinks

It's from a new CNN poll which showed 81% believing the economy stunk in June. Those who thought it couldn't get any worse were apparently disabused of that notion: Three years after a financial crisis pushed the country deep into recession, an overwhelming number of Americans - 90% - say that economic conditions remain poor. The number, reported Friday in a new CNN/ORC International Poll, is the highest of Barack Obama's presidency and a significant increase from the 81% who said conditions were poor in June. The persistent pessimism indicates that Americans are feeling a level of hardship in line with the official statistics. Unemployment stands at 9.1%, economic growth is barely above stall speed, and the housing market remains tied in knots. For a White House now fully engaged in re-election efforts, there is one shred of good news: More than two and half years after inauguration day, Americans are still more likely to blame former President George W. Bush for current economic...(Read Full Post)

COMMENTS ON AMERICANTHINKER

RECENT VIDEOS