June 9th, 2008
07:10 AM ET
3 years ago

More than three-quarters rate economic conditions poor

A new survey shows nearly 80 percent of Americans thing economic conditions are poor.
A new survey shows nearly 80 percent of Americans thing economic conditions are poor.

WASHINGTON (CNN) – More than three-quarters of Americans think economic conditions are poor, a new poll suggests.

Seventy-eight percent of those questioned in a new CNN/Opinion Research Corporation survey out Monday morning rate the economic conditions as poor. That’s up from 75 percent in March.

Only 22 percent rate the economic conditions in the country as good. That’s down from 25 percent in March and 54 percent in September.

But it appears Americans are optimistic. Fifty-two percent said economic conditions a year from now would be good, with 46 percent saying they would be poor.

The economy continues to be issue number one for Americans, with 42 percent saying it is the most important issue in their vote for president, far ahead of the war in Iraq in second place.

The CNN/Opinion Research Corporation survey was taken June 4-5, with 1,035 adult Americans questioned by telephone. The poll’s sampling error is plus or minus 3 percentage points.


Filed under: Economy
soundoff (322 Responses)
  1. Bitter in Texas

    "Poor"?...isn't the word for it! But I can't use the word that comes to mind on this blog.......Best wishes to all Americans and hope we can survive this little "down turn".

    June 9, 2008 06:28 am at 6:28 am |
  2. Timber

    Hillary would have been the best one to fix this economy. If I live to be 100, I will never understand why the media, DNC, Dean and Pelosi were pushing Obama on us from day one. He still only won by the skin of his teeth even having all the media ramming him down our throats. You cannot buy that kind of coverage. Well, there is only one thing now that they cannot make us do and that is to vote for him in November. This Hillary supporter is voting McCain. Yeah, he is not great, but you took the great one out of the race and left us with empty rhetoric. Four more years of republicans will almost be worth seeing all of you fall flat on your faces. No more money from me to the DNC, there is not a brain cell amongst the bunch of them.

    June 9, 2008 06:35 am at 6:35 am |
  3. EBC

    THANK YOU MR. BUSH and SEN. JOHN McCAIN for supporting your buddy. You BOTH are nothing but idiots and are fit to be tied!!

    OUR country is in the toilets because of YOUR failed policies and focus on making the WEALTHY wealthier at the expense of the American People who are left with a BIG TRILLION DOLLAR WAR BILL every MONTH!!!

    Our young men and women are dying because of you.....and for what? Where is the WMDs? Where is the threat?

    June 9, 2008 06:35 am at 6:35 am |
  4. Bill Stapp

    With all the surveys and money spent, I wonder why the federal government is the last to realize how people are feeling.

    There is a time and place for optimism. I have no doubt that even in the most serious situations, some still look on the bright side of things. The federal government is better at doing that than most.

    For all the times they like to quote statistics, our elected federal officials seem to completely ignore the fact that the people think Congress and the President are doing their work poorly. And they seem to also ignore the fact that so many people think the economy is not good.

    I don't mind this blind spot. But one would think that the US $9,000,000,000,000 debt and the US $50,000,000,000,000 additional debt for federal pensions, Medicare, and social security would be noticed by an astute senator... or even an aide.

    They don't feel the pain in Washington D.C. They can't work together to find reasonable solutions.

    Is our politics or bureaucracy so removed from the people that all of us must suffer before action is taken?

    Truly I believe if I were a member of a protected plant species, I could hire a lawyer and get things done faster. Sadly, I am only human.

    Really, from the heart I say we need a change.

    June 9, 2008 06:40 am at 6:40 am |
  5. fred II

    winner takes all, contest between Mr. Obama and mc c:

    3 arm wrestling matches

    3 two mile runs

    mc c: 95% voting with W, now he says he hates war...Americans...the damage has already been done....and why is he hiding his face in the latest pathetic ad? because he is ashamed to show his face to the thousands of our true HEROES, the VETERANS to whom he is denying their rightful benefits, plain and simple: just a ex pow and warmonger. Besides the economy, the GI BILL is going to haunt him.

    rudy had his 9/11
    mc c has his war and more war, lets show him the way rudy went

    June 9, 2008 06:40 am at 6:40 am |
  6. Stacy

    Supporting McCain is = to slitting your own wrists.
    McCain doesn't like the topic of the economy so much...???
    He only wants to talk about war and security.... why? Is that what he promises..... more war without thought on the economy, we did this already and it is making us weaker and militarily stretched .... I don't feel safe , do you?

    June 9, 2008 06:44 am at 6:44 am |
  7. OBAMA FOR PRESIDENT

    NEW MCCAIN SLOGAN * A GREAT DEPRESSION YOU CAN BELIEVE IN! *

    June 9, 2008 06:45 am at 6:45 am |
  8. OBAMA FOR PRESIDENT

    Now Here Is An Issue That Needs To Be Talked About! We Can Move On From The Clinton Conspiracy, And How She Was Pushed Under The Bus!

    June 9, 2008 06:52 am at 6:52 am |
  9. Paul

    I don't think either Obama, Clinton or McCain would be able to do much to help the economy in the near future. It's too reactive, and the problems run deep.

    June 9, 2008 06:57 am at 6:57 am |
  10. Belgian Boy

    The only ones who will see better times under McCain are the big corporates.

    More of them will go overseas to low cost countries, such as Eastern Europe, China or India.

    Add those job losses up to the fact that the war in Iraq will go on, the US starting a new war (not so unthinkable under a republican president), petrol prices going up, the dollar value plumeting, etc and you know what's going to happen to your wallets !

    Björn

    June 9, 2008 07:27 am at 7:27 am |
  11. Watermann

    after East ant West Germany have unified in 2000 we had to invest more than Euro 100 Billion per year to develop the east to western standard. And it is still going on with a surcharge on our income tax of approx. 6 %, the so called "solidarity surcharge". Regarding the USA it is a little bit different. You have been involved (yourself) in various wars such as Korea, Vietnam, Bosnia, Panama, Iraq1, Afghanistan1, Iraq2, Afghanistan2. Now, just consider what could have been done with these Trillions of Dollars. By the way, some 30 years ago, the Russian KGB said that no country on earth can ever control another country by military powe only, Look at the actual situation in Iraq or Afghanistan.

    June 9, 2008 07:35 am at 7:35 am |
  12. steve in nc

    Dear John McCain,
    Outside of the military and a/c offices, you know nothing about solving our unemployment rate....take a step into reality once in a while.

    June 9, 2008 07:36 am at 7:36 am |
  13. Luis

    Ya think?

    Now what does the media created messiah have in mind to turn this aroud (if the American People are stupid enough to elect him)?

    June 9, 2008 07:39 am at 7:39 am |
  14. East Coast Bum

    Oh, ask the federal goverement and the criminal bush and he will say everything is just fine and for us to go "shopping". It will get alot worse before it gets better. Too bad our own goverement will not own up to it and just call it like it is. We are not stupid.

    June 9, 2008 07:45 am at 7:45 am |
  15. Tired of W, OH

    And the other 1/4 are Bush republicans in complete denial.

    June 9, 2008 07:49 am at 7:49 am |
  16. Pol

    Huge news! Thank you for update.

    June 9, 2008 07:53 am at 7:53 am |
  17. HILLARY WAS FORCED OUT BY SEXISM!!!

    TOO BAD THAT WE LET THE BEST CANDIDATE GO IN FAVOR OF THIS FOOL!

    HILLARY HAD SOLUTIONS MONTHS AGO BUT NO ONE LISTENED OR LAUGHED AT HER!

    THE AMERICAN PEOPLE ARE NOT CONVINCED ABOUT OBAMA AS PRESIDENT!

    I THINK HE WILL LOSE TO McCAIN WHEN ALL OF HIS PAST COMES OUT!
    I WILL NOT BE VOTING FOR HIM!!!!!!
    GEE I WONDER IF CNN WILL PRINT THIS POST?

    June 9, 2008 07:53 am at 7:53 am |
  18. Kristen- Philadelphia, PA

    The economy is horrible right now. I wish that the media would stick to covering its downfall and put pressure on folks who can change it to do something. Instead this morning on CNN their big story was Obama’s race? Come on lets stick to the issues, cause while the media and folks in Washington are making out ok, the rest of Americans are really struggling. Food is high, Gas is high, Tuition is high, Health Care is high yet wages are the same? What are average Americans supposed to do?

    June 9, 2008 07:57 am at 7:57 am |
  19. Raymond Duke

    The economy is bad for a lot of people because of the fuel price is driving up everything. That is caused by crooked oil companies , no regulation ,crooked politicians on both sides of the aisle in the pocket s of the oil companies. A lot of what people are calling a bad economy is just plain B.S. . For one thing the housing forclosure market. Who is really getting screwed here , not the sorry lender and wall street who will get bailed out by the goverment, already happeniing. The tax payer will pick up the tab. The other person getting over is the idiot homeowner who went out and bought a 300,000 home because some crook told them they could afford it. They knew they couldn,t but hey , I want to live beyond my means . The heck with these idiots . throw them out in the streets and take and put their kids in a safe place . The only one getting screwed is the taxpayer that enough brains to say you don't go out and buy a 300,00 dollar home idiot when you can only afford a 50,000 one . No pity here and that doesn't mean a bad econony to people who didn't pull that stupid stunt.

    June 9, 2008 07:59 am at 7:59 am |
  20. STILL BROKE~

    ITS THE ECONOMY STUPID!

    June 9, 2008 08:00 am at 8:00 am |
  21. Bob Indianapolis, IN

    Once the evil spirits have been driven out of the White House, we can begin the healing....

    June 9, 2008 08:15 am at 8:15 am |
  22. AMW

    IT IS AMAZING THAT THE OILMEN IN THE COUNTRY DON'T SEEM TOO WORRIED. THEY ARE ALL GETTING RICHER BY THE MINUTE.
    THEIR (OIL MEN IN WH) EFFORTS TO SHOW CONCERN ARE AS PHONY AS IS USUAL. THEY SIMPLY DO NOT CARE ABOUT THE ECONOMY FOR THOSE LESS GREEDY (RICH), THOSE WHO ARE TRYING TO MAKE AN HONEST LIVING. THEY ARE TOO BUSY COUNTING THEIR BUCKS WITH THE EVERY –PRESENT REPUGNENT SMIRK ON THEIR FACES. TOO BUSY COUNTING OIL MONEY TO NOTICE THE BEST AND BRIGHTEST DYING OR MAIMED, TOO BUSY COUNTING TO NOTICE NEED TO REVAMP MEDICAL CARE FOR MILITARY AND REST OF NATION, TOO BUSY COUNTING TO NOTICE THAT GAS PRICES ARE GOING UP EVERY DAY--WHEN SOMEONE TELLS THEM, THEY JUST SHOUT "HALLELUYAH-BET I WILL BE RICHER BY THE END OF THE DAY".
    THEY HAVE ENOUGH PROPAGANISTS ON FOX NEWS TO PROTECT THEM BY NOT REPORTING THE TRUTH.

    June 9, 2008 08:16 am at 8:16 am |
  23. Betty

    And it looks like Bush wants our money to now pay OTHER countries to grow food

    Impeach Bush/Cheney

    June 9, 2008 08:17 am at 8:17 am |
  24. KE

    It appears Americans are optimistic... it says...

    In America, we just let the most clarified woman house arrested.
    In America, we just let the most clarified woman forced to bow out of the race.
    In America, we just found out that America weren't really living up the the brand name "Democracy".
    In America, we were told again our vote doesn't count.

    It appears American are optimistic... it says...

    The majority of American people will find out they were hoodwinked by the media all along with the sugarcoated stories of a man called Barak, nominated (not voted) by the bold but indifferent media and the media personals. And oh how the Republican Party will be very happy to fight against an inadequate young man selected come November. And how the 18 million Americans feel optimistic when they go to the polling places come November.

    It appears American are optimistic... it says...

    June 9, 2008 08:21 am at 8:21 am |
  25. CNN = Cynical News Network

    I'm wondering who is saying the economy is good. Even if you're wealthy...your dollar doesn't go a long way, and that is never good. Perhaps you polled tourists from Europe??? whose Euro runs a loooong way here in the US

    June 9, 2008 08:22 am at 8:22 am |
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