November 7th, 2007
11:08 AM ET
11 years ago

Americans have economy on the brain

WASHINGTON (CNN) - The state of the economy is the number-one issue on the minds of Americans as the presidential election approaches, according to a CNN/Opinion Research Corporation poll released Wednesday morning.

Eighty-two percent of Americans said the economy will be extremely or very important to their vote for president. Economic conditions edged out Iraq by two points, with 80 percent of those surveyed saying that the war is 'extremely or very important' to their vote.

Also, among the top five issues on the public's mind when contemplating their next vote for president are health care (76 percent), terrorism (76 percent), and Iran (73 percent).

The state of the overall economy weighed more heavily on the minds of voters than specific economic issues such as gas prices (67 percent), poverty (65 percent), taxes (63 percent) and immigration (61 percent).

The CNN/Opinion Research Corporation telephone poll of 1,024 American adults was conducted over the weekend and had a sampling error of plus-or-minus 3 percentage points.

- CNN Political Assignment Editor Katy Byron

Filed under: Polls
soundoff (96 Responses)
  1. Ivan, Chicago, Illinois

    Ryan of Indianapolis is living in the republican dream world of denial.
    Housing market,record
    foreclosures,energy cost's about to suck the life out of our economy,and the 800 pound gorrilla, the seperate bill to pay for the cost of Bush's Iraq War.
    A TAX BILL that Bush and the Republicans have burden us and our children and grandchildren with.
    A DEMOCRATIC PRESIDENT and a Republican Congress hands over to a Republican President and the same Republican Congress a surplus. And the Republican President and the Republican Congress go on a spending spree and put the American People back in debit. So much for the Republicans calling themselves the party of financial responsiblity.

    November 7, 2007 01:39 pm at 1:39 pm |
  2. Hank, Fort Myers, FL

    Perhaps the average American's taxes won't go up. How about this...make taxes proportional to income (regardless of income)–remove large corporate loopholes on tax write-offs, go after off-shore banked earnings on US citizens over six figures...this seems to be a pretty good strategy to boost tax revenues without increasing taxes on the vast majority of Americans.

    November 7, 2007 01:58 pm at 1:58 pm |
  3. r schier norwalk,ct

    I dont understand how the american public can be so gullible and naive they will believe anything the press tells them. The economy right now is as strong as it was during the good Clinton years and yet all these undeducated people are claiming the sky is falling. Hey americans do your research and stop believing everything the press and dems tell you. THINK FOR YOURSELF…

    Posted By Ryan Indianapolis

    Yet another totally vacuous post from this champion. Where's the beef???
    -collapsing dollar
    -collapsing real estate
    -accelerating foreclosures (just the beginning)
    -stagnant real income growth
    -rampant inflation (follow your own advice: don't believe the propaganda BS)
    -very meager job growth (wish there was someone tracking the median income tied to "new job growth"...closer to Walmart wages, than anything else)
    -increasing unemployment (yes, there are loads of people who have given up, and in turn not counted)
    -continued deteriation of Manufacturing Base

    WHAT ON EARTH do you find APPEALING about the way things have been run for the last 7 years ???? BE SPECIFIC !!!

    November 7, 2007 02:00 pm at 2:00 pm |
  4. joseph, austin, tx

    dont buy a house you cant afford, that would have prevented this housing slump. people in this country think they are entitled to everything, NOT THE CASE. Instead of taxing the hell out of big oil, give them incentive to develope new means of energy, and allow companies to drill here, thus reducing our dependance on foreign oil. things could and should be alot better , but the dow jones and the dollar have been going up and down all my 27 yrs on this earth. The dems would be the death nail to our economy because they need to tax us for their social wellfare plans

    November 7, 2007 02:12 pm at 2:12 pm |
  5. Matt, Houston, TX

    Ya just gotta love these Ron Paul supporters. They are tenacious. Unfortunately, Ron Paul wants to save money by getting rid of several institutions that actually help the poor get out of and off of welfare (not good for the economy), is strict anti-choice, is strict anti-regulatory (which means no protection for the consumer or worker, such as protecting against hidden fees, predatory lending practices, no minimum wage, no protection against child labor, etc.) While his stance to uphold the rights in the constitution are good, he takes the interpretation too far and outside the original founder's intents. Libertarianism is a very seductive thing but when examined closely, shows that it will hurt the masses and reward the very few who are rich and would totally ruin any good relations we may still have with other countries in this globalized world we live in.

    Ron Paul is a good guy, but would be more dangerous in the White House than the current idiot who occupies it now.

    Oh yeah . . . Ryan, you really are a schmuck if you think the economy is in good condition.

    And for the person who said that any Clinton tax raises would heurt, you forget about the package her husband passed. The wealtiest saw their taxes raised while the middle class and low income earners got theirs lowered. How do I know?, because my taxes went down. The result? One of the biggest economic recoveries with the largest GDP since the early 1960's.

    November 7, 2007 02:20 pm at 2:20 pm |
  6. David, Dallas Tx

    xtina said, And I'd love to ask Hillary how taking more taxes from Americans' paychecks ever helped the economy...

    It’s simple. Tax monies are invested into social programs for the poor and the elderly. The poor and the elderly then spend that money, strengthening the local economy.

    Republicans love to point out that the rich invest their wealth, which strengthens an economy. That’s true—and every dollar that’s invested into foreign enterprise is a dollar taken out of our economy and sent to strengthen a foreign economy. And a percentage of every dollar invested in Big Oil or any other multi-national company goes to line the pockets of some Saudi sheik or other foreign entity.

    Taxes which fund social programs for the poor and elderly, on the other hand, end up being spent at the local grocery, drug store, doctor or landlord. It almost never gets saved, much less invested overseas. It strengthens the local economy, by giving the rich business owner’s customers more money to spend at his business.

    Tax money doesn’t just disappear. It’s all spent. The only question is where.

    November 7, 2007 02:27 pm at 2:27 pm |
  7. Mike, Atlanta, GA

    Clearly the folks on this board who think the economy is bad are very young. You can tell this from the silly name-calling and the complete ignorance of this country's economic history.

    By all traditional measures (GDP, unemployment, inflation) the economy is doing great. Of course there are issues, but I defy anyone on this board to point to a time of greater prosperity, let alone one that did not have any issues of its own.

    Let the name calling commence. I have made an argument that the economy is fine so I must be a bad person, right? There is a prize for the first to call me a neocon.

    November 7, 2007 02:34 pm at 2:34 pm |
  8. James, Phoenix AZ

    Kerri – Smuckville, NJ

    No yield curves needed, Einstein. A lower US dollar HELPS the US economy in several ways: increases exports (our products are cheaper), increases US tourism (cheaper for foreigners to come here), US Capital Market becomes more attractive to foreign investors, etc.

    The disadvantages: it costs more for US citizens to travel abroad and buy foreign products.

    If you're not a world traveler and a connoisseur of fine french wine – it's not a big deal.

    Not sure which is worse, Kerri – being a smuck or an idiot! Perhaps you could tell us since you've got both going for you.

    November 7, 2007 02:34 pm at 2:34 pm |
  9. Arkay, MI


    The title of this article should read "Americans have economy on their minds" not 'brain'.

    November 7, 2007 02:34 pm at 2:34 pm |
  10. demwit

    I've been employeed ever since I finished my science and math degree 15 years ago. How about you??

    November 7, 2007 02:38 pm at 2:38 pm |
  11. Juan Markos Ganzalas Remeras de Mexico en Nueve York

    It's not the economy, gringos locos..

    November 7, 2007 02:49 pm at 2:49 pm |
  12. Aaron K, Bondurant, IA

    The economy in the United States of America is the best in the world! It's also in the best shape it's ever been in! USA! USA!


    November 7, 2007 03:03 pm at 3:03 pm |
  13. Shawn, Cincinnati, Ohio

    People need to stop labelling Republican or Democrat and using party loyalty as a blinder. Neither party is doing anything good or has any real plan of action. Both have morphed into simply parties that function to fool the American people adn maintain their own power for their own sake, not to do what is best for the USA.

    The only one out there speaking truth that has a real plan of action and has the most comprehensive all-encompassing policy (economic, foreign policy, monetary, governmental role and power) is RON PAUL.

    November 7, 2007 03:05 pm at 3:05 pm |
  14. Dan, NJ

    These poll numbers should not be a suprise. The government has been spending recklessly during the Bush administration.

    The middle class has been hit hardest with the squeeze and is nervous about where this will lead. I certainly support proposals like Obama's aiming to restructure the tax system, taking about breaks for special interests and the rich. More and more, I support a flat tax based on what you spend, not what you earn (though I admittedly don't know much about how such a system would work).

    November 7, 2007 03:06 pm at 3:06 pm |
  15. Eddie R.

    None of you are being objective about the issue here. You can clearly see who leans to the right or left. "Those who live in glass houses should not throw rocks." No one is perfect. Instead, work together and come up with a plan that will benefit all Americans in this Nation. Congress seems to be running a circus monkey show, making it Blue vs. Red becoming a road block to improvements in our country. If any of you are that concerned about the issue of economy, why not write a paper and submit it to your congressman/congresswoman. Everyone always complains about problems, but never dish out solutions.

    November 7, 2007 03:10 pm at 3:10 pm |
  16. Matt, Houston, TX

    And yet another Ron Paul supporter heard from. Instead of just getting on these things and promoting Ron Paul (using the same words everytime, even though they are from different people . . . hmm, think it's real people or just Ron Paul campaign workers . . . hmm), why not actually discuss the issue in the article?

    November 7, 2007 03:17 pm at 3:17 pm |
  17. jason smith, upstate ny

    How about the environment,ie. climate change???? increasing sustainability, mileage, would think republican dunderheads would understand the relation between reliance on foreign oil and our (lack of) security as the most pressing concern...their ignorance of this, trying to change the topic, distort the truth, and distracting American people from the real threats by concentrating on (and torturing of) innocuous Iraqis is preposterous and dangerous, the only threats there, we brought on our coattails...BTW: waterboarding is STILL torture no matter how Bush Cheney distort it, obfuscate it, etc, Congress is a pushover, spineless cowards....

    Climate change is the most important topic AFFECTING EVERYONE even Republican with your head in your head in your @(*#...and Congress congratulating each other for capitulating to bullies....

    November 7, 2007 03:42 pm at 3:42 pm |
  18. Tom - Dedham, Mass

    There has to be a way to blame "the shrub" for this, let me see:

    He forces people to buy two and three cars including at least one SUV.

    He forces the Democrats to snuff out EVERY meaningful attempt to drill or use nuclear energy over the last 30 years.

    He forced Ted Kennedy to champion new energy ideas EXCEPT when it comes to "Cape Cahd" and then it is an eyesore.

    He forces everyone to buy IPODS, IPHONES, Cell phones, Play stations, Wie Consoles, $100 sneakers, $2500 Big screen TV's and every other high priced item that is "needed" for your home.

    He forced people to buy homes that they knowingly couldn't afford, just so we can bail them out.

    And Bush took action to help bail out the folks that SIGNED OFF ON the bad mortgages, but it got little to NO press.

    $3.00 a gallon, it has been more than that AROUND THE WORLD FOR YEARS but let's make it a political game piece.

    Blame this idiot for many things, but his across the board tax cuts (for people that actually pay taxes) made the CLINTON RECESSION the shortest ever.

    Bill had a good run due to the dotcom industry that guess what, WENT BUST as predicted and he also saved dough by GUTTING the military and the 6-10 attacks on US installations while HE was in office went pretty much undeterred.

    Unemployment is just as low now, the stock market is in new territory.

    Should he be hammered for not putting the screws to the oil companies and for not doing enough in regards to alternative fuels, you bet, these are things that should be done NOW or at least looked at with a little more expedience.

    Most of the economic indicators including the GDP have shown immense growth and considering the recession that he inherited and the FACT that 9-11 would have KILLED a weak economy, we are doing OK.

    Feel free to dispute me, unlike "Hilarity" I can take it, but while you do, look around your house and add up how many of the big ticket items that I listed DO YOU OWN?

    November 7, 2007 03:57 pm at 3:57 pm |
  19. Barbara Jean, Pompano Beach, FL

    I ask everyone how the Economy can be good...unless you are an Oil Speculator...I just don't see it. Even CNN ran this whole report what will happen when Oil goes up to $150.00 a barrel.

    November 7, 2007 04:10 pm at 4:10 pm |
  20. Shawn, Cincinnati, Ohio

    So to all those that blindly bash Republican party for ruining everything (despite the fact that they are BOTH in power and running things, ecluding other parties and ideas) and blindly pusing the Democrat party...

    What is the Democrat plan to reign in spending, end the massive defict, correct our trade imbalance, strengthen the economy, and return meaningful jobs? I have not heard it. All I hear is bashing.

    Neither party is doing anything good for the US. They lock out all other parties, try to preserve and increase their own power, all at the detriment of the American people.

    Both sides are slowly eroding our freedom and rights, invading our privacy, and heading us to a Big Brother government controlled militarized police state in their own way.

    November 7, 2007 04:31 pm at 4:31 pm |
  21. Corey, Baltimore MD

    ah yes, the mythical Bush Tax Cuts.

    Tax cuts if you are rich enough to not need them.

    Or maybe is you have kids (and add to the overpopulation of the planet).

    But if you aren't rich, and you don't feel the need to breed like a rabbit, your taxes go UP!

    I have paid more in taxes since those traitors to their party took office than I ever have in my entire life. It's disgusting.

    And for those of you living in a dream world (or not actually thinking just listening to what Bush and his lackeys have been telling you to think), the Economy is NOT doing well.

    The best indicators for how well the Economy is doing are luxury items. Things you don't need, but would like to have. Games, movies... little things.

    Well those items have been seeing increasing drops in sales, and a greater pinch on the end retailers as increased shipping costs tighten the already slim profit margins. People have less money to spend on such things because the Economy is NOT doing well.

    November 7, 2007 04:33 pm at 4:33 pm |
  22. Shawn, Cincinnati, Ohio

    I thought the issue in the article was the economy and it's relevance in the election. I thought my post discussed the fact that Ron Paul is truely the only one out there who is discussing the issues of weakening dollar, inflation, overspending government, and trade deficits. He is the only one speaking about what needs to be done to address thes issues.

    Instead of simply putting down RP, why don't YOU read the replies. And maybe lookat what RP is actually saying, rather than marginalizing his message because it doesn't fit the continued dysfunction politics as usual of the Republicans AND Democrats.

    Oh, yes, you found me out, I am the one Ron Paul supporter. I spend all day on the internet going to sites all over the world using the guise of different names, making multiple YouTube videos and sending spam to all political sites. I also resistered under 4 million different names the other day and donated a doller 4 million different times. You got me.

    November 7, 2007 04:39 pm at 4:39 pm |
  23. jimbo dayton,ohio

    ryan, i beleive you to be a little out of touch with the majority of americans. this economy is failing and headed in the wrong direction. starting in 1993 with nafta, and now with the war in iraq. a combo dem. and rep. double wammy on the american people. its proven to be big business or nothing on the political stage while the middle class goes the way of the dinosaur and becomes extinct. and since the middle class pays the bulk of the bill, where will the money come from now? but wait!! im sure all the fat cats will still be able to cough up there 15%!! well i stand corrected!! everything is just peachy!!

    November 7, 2007 04:44 pm at 4:44 pm |
  24. Richard Boone, North carolina

    Is it not a little sad that education is nowhere in this poll?
    No great majority cares enough about the education of this country?
    Democracy doesn't succeed with low gas prices or an immigration policy. It succeeds with voters who are educated enough to make good decisions.
    No matter how strong our economy is it won't matter if we have to rely on foreign technology and foreign brains to run it.

    November 7, 2007 04:48 pm at 4:48 pm |
  25. Bill, Redmond WA


    November 7, 2007 04:57 pm at 4:57 pm |
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