July 2, 2009
Posted: July 2nd, 2009 05:30 AM ET

From
Americans aren't confident the economy is recovering.
Americans aren't confident the economy is recovering.

WASHINGTON (CNN)– A new national poll indicates that nearly half of all Americans think the economy has stabilized, but only one in eight believe that a recovery has started. And four in ten questioned in the CNN/Opinion Research Corporation survey released Thursday morning feel the country's still in an economic downturn.

"Although polls in recent months have shown some signs of growing optimism, that appears to have stalled," says CNN Polling Director Keating Holland. "In January, 50 percent said the economy was in very poor shape; that figure dropped to 37 percent in April, but now it has risen slightly, to 41 percent."

"The prevailing view? We're in a stall," says CNN Senior Political Analyst Bill Schneider.

The poll suggests that when it comes to an economic recovery, Americans are in agreement with President Barack Obama. Discussing the economy last week at a news conference at the White House, Obama said "we're still not at actual recovery yet. So I anticipate that this is going to be a difficult, difficult year."

One in five questioned said the economic conditions in the country today are good, up nine points from March.
The economy remains the number-one issue on American minds, but that figure has dropped 12 points from March.
"When asked to name the most important issue besides the economy, Americans name health care, followed by the federal deficit and the wars in Iraq and Afghanistan," adds Holland.

The CNN/Opinion Research Corporation poll was conducted Friday through Sunday, with 1,026 adult Americans questioned by telephone. The survey's sampling error is plus or minus three percentage points.

Filed under: Poll


LacrosseMom   July 2nd, 2009 10:23 am ET

It will take time to recover from the BUSH DISASTER. We have been in deep recessions before. IF you are older you will recall the Twin Recessions of 1981 &1982! Guess who the president was? Reagan!

President Obama took Office SIX months ago, and the jobless rate was ....... 8%........ its impossible to turn the economy around in SIX months!

WE WILL RETURN TO PROSPERITY....... YES WE CAN AMERICA!

Hugo   July 2nd, 2009 10:17 am ET

So 1.25% of Americans polled think that the economy is recovering. Hopefully, that will be the same % of the population that votes to continue this madness in 2010 and 2012. California is bankrupt, New York Democrats just passed a 17% increase in state taxes in the dead of night for its citizens and some states have unemployment rates of up to 37%. It is all that nasty Old Bush and Cheney, they did it to our economy, right? If you were in a financial jam would you get a high interest credit card and max it out knowing you could never pay off the debt? Oh wait, that is a bad example to use for liberal Democrats. How about this one, if your neighbor worked hard and grew a garden would you invite all your friends over for a picnic while he was out and eat all of his produce and then ask everyone to spit the seeds back in his yard as thanks for his labor? If you answer yes to either of the above questions then You are why we are here!

dreamer   July 2nd, 2009 10:12 am ET

Untill they put they jobs back china,mexico,and south america took by having artifiacally low wages we will suffer for the profits of the mega buck boards and other way over paid company officials.Now thats a change I would love to vote for.dems and reps don't care just look what they did to this great country.

skyhawkdriver   July 2nd, 2009 10:12 am ET

There is no economic recovery in my state..massachusetts just raised it's state tax to 6.25 percent..gas prices are up to $2.70 a gallon..unemployment is near 10 percent..foreclosures are skyrocketing..there will be no recovery until these things are brought under control..the federal defecit has gone thru the roof..and federal taxes will go up for all of us..for some reason the state and federal governments don't seem to understand that the higher the taxes the less money the people have to spend..you can't help the recovery of the economy if you have less money to spend..without us spending money companies will continue to downsize,layoffs will continue,more people will collect unemployment..unfortunatly this is what the obumbler wants..more unemployed equals more government control..and that is socialism...socialized auto industry..socialized banks..socialized health care

TM in CO   July 2nd, 2009 10:01 am ET

I do believe that this President said that recovery wasn't going to happen overnight. The economy has been sliding since right after 9/11. We have to give it at least a year to see any results. And keep in mind, if the President of the United States (not just Obama, but any past or furture president), we all fail.

phoenix86   July 2nd, 2009 10:01 am ET

That one in eight must be a government employee or a UAW member. They are the ONLY beneficiaries of the Obama economy.

Norm   July 2nd, 2009 10:00 am ET

Not actually being what is considered "middle class" anymore, I can't say I sympathise with these people. They wouldn't require "saving" if they would learn to live within their means instead of wracking up huge credit debts for unneeded luxuries. Take some personal financial responsibility. Have half a brain to know that the criminal credit lenders are ruining your lives, not the government. There's always someone else to blame with this generation.

Pel   July 2nd, 2009 9:50 am ET

One of the key factors in the U.S. having a full recovery will be it's manufacturing base. THE LAW/S WHICH MADE IT EASY FOR COMPANIES TO SHIP JOBS OFF SHORE MUST BE VOTED DOWN BY OUR CONGRESS PEOPLE. No country can have a strong economy and be able to defend it shores by just being a service based economy. Why do yo think the south lost the civil war? They did not have a manufacturing base. Why do you think we won WW1 and WW11. We had a very good manufacturing base.

Let get back to being a MANUFACTURING PRODUCING ECONOMY and stop being top heavy as a service economy.

Mike   July 2nd, 2009 9:49 am ET

That shows that 1 in 8 are totally stupid or totally out of touch with reality.

Right Leaning Independent   July 2nd, 2009 9:47 am ET

I am sure that CNN will follow-up with another poll showing that 7 of 8 CNN bloggers polled still believe that Obama's policies were exactly what was needed to pull the country out of the current recession even though they have done nothing but increase the debt we are all going to have to begin paying back(even the folks on "Main Street")!!!!!!!!

carlo   July 2nd, 2009 9:45 am ET

I'm not surprised at that number. It took years to get into this, and it will take years to get out. However, being the microwave nation that we are, we won't be paitent. We don't know how.

Debby   July 2nd, 2009 9:41 am ET

So let me get this straight only one in eight say the economy recovery is under way and yet Americans are in agreement with Obama's methods. That doesn't make sense CNN.

Simple Math   July 2nd, 2009 9:39 am ET

CNN Polling Director Keating Holland. "In January, 50 percent said the economy was in very poor shape; that figure dropped to 37 percent in April, but now it has risen slightly, to 41 percent."

Keat, 4 percent is not slight.

Larry   July 2nd, 2009 9:38 am ET

The June job report says it all.

Dave in Illinois   July 2nd, 2009 9:38 am ET

Wait a minute. Yesterday the President said the stimulus was working so the people's opinions on the economy and the news stories on unemployment must be wrong. Why does CNN omit that statement in favor of the more negative one last week which makes him look more reasonable.

When will people accept that Obama promises first and then thinks, and that his thinking is decidedly to the left of the majority of people in America who pay taxes.

changing my screen name to see if it helps getting my comments posted   July 2nd, 2009 9:36 am ET

The most important issue besides the economy is health care, huh? Well, as a health economist I can tell you that those two issues are joined at the hip.

Deborah/Kansas City   July 2nd, 2009 9:35 am ET

We will not be able to get the economy into full recovery until healthcare is reformed. Only a public not for profit option can save us. The greed of the big industries can not continue to destroy everyone else and it is time for us all to insist.

gt   July 2nd, 2009 9:35 am ET

come on ... the democrats control everything .....i am afraid the change were getting is not working,,,,

Dennis   July 2nd, 2009 9:34 am ET

The so called "Stimulus" Package is going to be a drag-chute on the economy.

Zora La Rousse, Lugano CH   July 2nd, 2009 9:33 am ET

For the economy to be stabilizing is a positive sign that the wheels for the eventual economic recovery are in motion. I never believed that the recovery would take such a short time. I believed President Obama when he said that it would be a gradual process. There were a lot of mistakes committed by both parties during the past 8 years that needed to be addressed first. Knowing that the end of the Bush Administration was going to be quite a strain on the new administration no matter who was elected, I planned ahead, practiced a little ‘personal accountability and responsibility’ and I'm glad I did.

Randy   July 2nd, 2009 9:33 am ET

This cant be right Obama said we had to pass the trillion dollar stimulus to fix this. He said unemployment will not rise over 8%. Unemployemnt is almost at 10%, so in a month he is off 20%! Now this fool wants to raise everbodys taxs and pass cap and trade which will send unemployment into the teens! He is either the dumbest president to ever live, or he is actually trying to destroy capitalism like his father and preacher have called on for 40years.

A tribute to the Fallen Heroes and their Families   July 2nd, 2009 9:32 am ET

This 4th of July weekend, let's not forget the 5,000 United States servicemen and civilians who gave their lives in Iraq in order to protect freedom and democracy in the country of Israel.

Matt B   July 2nd, 2009 9:32 am ET

President Obama printed over $1trillion to stimulate the ecomony. When he did that, he PROMISED we would never see over 8% unemployment, he PROMISED we would see the impact of this crazy idea that will clearly bring hyperinflation, he PROMISED he could lead us in the right direction. Well, all we have seen is more jobs lost and unemployment shoot up over 9.5%, nobody feels any better about the economy and there is no light at the end of the tunnell. Thanks for putting us more in debt for NOTHING!!

Oh, and thanks to the Dem Congress for increasing their travel expenses 10 fold this year!! That's the type of story I really wanted to read this morning. Is there anything else we can pay for?

Ralph   July 2nd, 2009 9:28 am ET

After hundreds of million dollars blown on ineffective programs to correct the economic downturn, the jobless rate has hit a 26 year high. If you count people who have stopped looking for work and people who have settled for part time work, the rate jumps from 9.6 percent to 16 percent. We were promised that jobs would be created, and the economy would turn around after we spent the money. It appears to me that the administration just does not know what to do. You can no longer blame this on a problem inherited from Bush. The failed policies clearly are making things worse. I am a registered Democrat. Is this the Change we were told to believe in?

Why Not More Topics on Healthcare in Ticker?   July 2nd, 2009 9:27 am ET

CNN, as your poll indicated, second most important issue for the public is healthcare. Why not more articles on this ticker related to healthcare reform? I have read a few recent developments re healthcare reform on other blogs, e.g., AMA's reversal on support of public insurance option (should be repeated in today's ticker), Wal-Mart support to mandate employer-based healthcare for large corp, Sen Lieberman's reluctance to support public insurance option, etc. Why so many topics on this ticker unrelated to the important political issues being discussed?

P.S. I still think you guys conduct and quote way too many polls. Also, with today's technology why aren't you able to contact more than 1,026 adults for your polls? That's not nearly a large enough sample to accurately assess the opinions of a population of 300M+.

Randolph Carter   July 2nd, 2009 9:24 am ET

It's about the jobs, stupid. Employment is the last thing to bounce back after a recession. Until that happens, we're in tough times. It's going to take a while, probably another year or 2 before we're out of this. Heck, I feel fortunate to even have a job (and more fortunate to have good benefits). At the very large corporation where I work, middle management folks are disappearing left and right. Glad I'm a drone and not a suit. Have a nice day!

Bo Perdue   July 2nd, 2009 9:23 am ET

Hey, guys, get this straight: It is Obama's intention to destroy the middle class through joblessness and inflation and to tax the rich into oblivion. He has to do this so he can bring about his idea of what this country should be like, a Marxist state - everything controlled by the government (with him as leader, no doubt???).

Steve in Denver   July 2nd, 2009 9:22 am ET

OK, let's hear the right wing's greatest hits. Obama is running the country into the ground, the "Obama recession" (that started in 2007), etc. Who's on today? Phoenix 86? Doug – New Jersey? C'mon guys, I know you're out there. Let's hear your drivel!

kishen c.rao   July 2nd, 2009 9:18 am ET

It takes its time, because, Bush messed it so hard, it is rather irreparable.....just hold the patience, and pray the lord....to bless the nation, and pres. Obama...we need to fix the health care first, and bring back our industrial sector....cut on immigration...too..........apart from energy saving....please do not cut forestry....save it and wild life....god bless....................

RI Moderate   July 2nd, 2009 9:13 am ET

Of course the recovery hasn't started, though B.O. told us the 'stimulus' would keep unemployment under 8%..

Recovery can only happen on the business side. Taxing and spending and 'creating' government jobs will not get us out of trouble.

The only question is: will we see any recovery before the massive inflation starts?

Mike   July 2nd, 2009 9:11 am ET

Even before the elections forcasters were predicting that the recovery would take us well into 2010. WHy is anyone surprised taht it hasn't happened sooner? We haven't had an economy this bad since the depression. When those who run their businesses get as greedy as they have, then we have to suffer with the results. The lunatics were running the assylums. The audacity of many CEO's who believe they are entitled to them massive bonuses even in the face of their failures in just plain wrong. Whatever happened to being satified with a good income? Why does a CEO who helpde run a major business into bankrupcy feel entitled to astronomical saleries? Greed for power and money is ruining our society.

RR   July 2nd, 2009 9:11 am ET

wait, I thought we had to rush through the stimulus package before anyone had a chance to read it to keep unemployment below 9% and create millions of jobs!

Mike   July 2nd, 2009 9:08 am ET

Are we still sending millions of jobs out of the country, what are we trying to recover from.

J.C.   July 2nd, 2009 9:07 am ET

Our stock market rose for no good reasons, but a recovering market did soften the administration's desire to regulate our financial market. The reality is that many people are still suffering from the loss of jobs and homes. If our financial market doesn't want regulations, all Wall Street has to do is to bring up the market a bit higher.

Thanks to this recession! Many retailer chain stores closed, which tells us being the middleman is no way to sustain our economy.

minnie   July 2nd, 2009 9:06 am ET

We all know the economy is not recovering. Until we clean up Congress and the white house, it is hopeless. But remember we all have a vote coming next election.

Michael   July 2nd, 2009 9:04 am ET

Did anyone expect different from the "efforts" of the Politburo?

Jerry American   July 2nd, 2009 9:03 am ET

The one in eight seemed to have failed basic math , Obama will ensure the death of the middle class for sure if left unbridled.

Polar Bears Against Palin   July 2nd, 2009 9:00 am ET

Shame on you, Barack Obama! YOU are a liar and another wishy-washy middle-of-the-road liberal. Like Jimmy Carter. You are not progressive enough. You are a sell-out. The stimulas package wasn't enough. You cave in to other politicians. Now, you will be gone in 2012. Like so many other limp-wristed liberals will be. Paul Krugman was right. You won't even put the hammer down when it comes to health care.

Don't expect real progressive like myself to vote for you again.

awaitingliberalizationbyCNN   July 2nd, 2009 8:59 am ET

Gee, there is a real surprise. Trillions spent, no results except George Soros, ACORN and the unions are all better off. No surprises here that was the Obama plan. Don't forget the TEA parties this weekend, haven't heard about them? That is because CNN and MSNBC don't cover them except to say that people who are fed up are racist and mean, and it would hurt the democrats and libs as well as dear leader.

Kevin in Ohio   July 2nd, 2009 8:57 am ET

What? I thought the Messiah said the stimulus was working....? The worst of the fallout from Obama's maniacal spending and taxing is yet to come......

stevie   July 2nd, 2009 8:55 am ET

White House releases staff salary list

read that headline and tell me that our government is not in it for them selves............

I thought government was about public service.......

what...........

a............

joke.............

Mich   July 2nd, 2009 8:54 am ET

How is it improving? Jobs set by the stimulus package are mostly Temp. The value of the dollor is bad against the rest of the world currancy. This Cap and Trade bill which is a new tax on the american people doesn't make me feel any better. 9.5% unemployment that sounds like a bad number also. Toxic assest for banks are still out their. And Obama just keeps spending and printing more money. I'm not sure, but this all sounds like a train wreck to me.

UNHAPPY DEM   July 2nd, 2009 8:53 am ET

It will be years before a recovery is possible given the laws the president and congress are trying to push through, which will burden the working class with a higher cost of living through more taxes and higher utility bills, which in turn reduces their buying power. Also the trillions of wasted dollars they are spending will result in higher inflation, which will further reduce their buying power. They have no clue how to run anything.All to provide give away health care and to stop the so called global warming, which has not been sufficiently proven to even exist.They are getting further and further away form the
values stated in our constitution and will probabaly try to amend it before long.

Broke in CA   July 2nd, 2009 8:52 am ET

Wow, One in eight. Didn't think it would be that high, those people must not have jobs or have to work for a living. Seems more stagnant.

munchmom   July 2nd, 2009 8:43 am ET

Well duh! We knew that without a poll telling us. But, why would we not know it? People are still losing jobs–over 400,000 reported being lost just last month and more still happening. States that can't make ends meet, despite "stimulus" money. More and more things like this continue to happen and no one sees the foolishness that continues to happen in Washington. Yes, we are still in bad shape and making reckless, hurried decisions in Congress will not help things. Listen to your constituents and stick to what they are telling you! We are in trouble!!

Deep Brain Diary   July 2nd, 2009 8:41 am ET

[...] always have to wonder how useful polls like this actually are... A new CNN poll says that only 1 of 8 Americans think there is an economic recovery underway.  It seems clear that [...]

blaster   July 2nd, 2009 8:40 am ET

Obama is nothing but a liar. He was shmoozing the Hollywood crowd last month at a fund raiser telling them that the economy had turned the corner, and they all cheered. Last week then he says there is no recovery and it's going to be a difficult year. What happened to the big stimulus and all those jobs it was going to create. Thanks to all the fools who elected this Marxist know-nothing narcissist prima donna.

GI Joe   July 2nd, 2009 8:38 am ET

I think all these polls are pulling people down. I know where I live, people are mostly upbeat about how things are turning around.

If all I did was listen to these polls, I'd probably slit my throat.

Wish it would stop. If something encouraging and positive can't be said, then drop the stupid polls in YOUR depressed area of the country.

Johnny DC   July 2nd, 2009 8:38 am ET

5 in 11 are convinced Obama is the Messiah, whether he performs or not.

5 in 11 are convinced Obama is clueless, whether he succeeds or not.

I'm interested in the 1 in 11 that actually follow politics openminded. The other 10 are worthless and have no sway in elections.

I predict the 1 in 11 are going to come through for Conservatives in the next 2 or 3 election cycles.

The Party of NO stood calmly by for 8 year while the shrub raped and pillaged America, so, why would we listen to you now?   July 2nd, 2009 8:34 am ET

No we are not in a recovery, but the downward spiral has stopped and the DOW no longer swings by 900 points in any one day.

So, while we may not have begun climbing out of the hole, we seem to have found the bottom of the hole.

Dutch/Bad Newz, VA   July 2nd, 2009 8:31 am ET

I think the worst of the recession is over. We are still in a downturn when it relates it jobs. When the jobs start being created, I think that is when the true recovery begins.

Neilz   July 2nd, 2009 8:24 am ET

To say things have stabilized is an optimistic view at best. To say the economic situation is good means you're talking to people who haven't lost their job...yet.
Obama and the media keep trying to make what's left of the middle class feel good enough to revitalize the rampant uncontrolled credit based consumerism that helped get us in this mess. More and more people go unemployed every day. More and more people go homeless everyday. More and more small businesses close everyday. And the wealthy elite are not getting the message. In order for any sort of recovery to take place there has to be work that puts cash in people's pockets. That isn't happening. A few jobs here and there but nothing near the ten million needed to start a recovery.

The Lonely Libertarian of Liverpool NY   July 2nd, 2009 8:20 am ET

We have spent 12.4 trillion dollars (CNN’s Numbers) since 2007 bailing out the mega rich, and have ignored the working middle class. Only 43% of the population actually is working, supporting the rest. We continue to lose 600,000 jobs a week. The rich are still getting richer but now they gain with taxpayer support.
The founding fathers roll in their graves as they watch a nation they gave birth to as a the first nation founded for individual freedom reduced to another nation of big government that has no interest in the liberty of the it's citizens.

Hope to see all of my fellow citizens at their local tea party this Saturday !

Gary in CA   July 2nd, 2009 8:13 am ET

We're definitely in a steep slide to the rock bottom. And I in no way agree with Obama on anything... he is not helping, he's making it much, much worse...

D. Tree   July 2nd, 2009 8:13 am ET

Anyone who thinks that we can just turn this economy around on a dime is either crazy or stupid.

Rebuilding the shattered Economy the Repbulicans RUINED for the last 8 years is going to take time and INVESTMENT.

I'm sick of hearing ignoramuses talk about "socialism" and "spending," when its going to take a lot more time AND money to fix this problem.

Stand back and let the people who know what they're doing get the job done. If we support the president's economic plans, our country WILL recover in the next 1-2 years. Anyone who wants it to happen sooner is frankly acting like a child.

rachel   July 2nd, 2009 8:11 am ET

Yeah my city milwaukee just had city employees including police officers taking forced days off without pay. Not so great here. Also the school I work at all employees had to give up their small raises prevent full time employee lay offs, but that didn't save the agency people or doesnt guarantee part time employees. I am not feeling any good effects of whatever Obama is doing the economy still sucks.

David   July 2nd, 2009 8:09 am ET

That's understandable. How people feel about the economy is about more than dollars, but about security. So the more we hear about layoffs and the conversation about how bad the economy is, the less secure people will be about our economy. No matter what their economic situation may be.

The media has a big influence on how secure the public is, for those who pay attention to what the media has to say. However, once we understand that good news is not profitable, we are able to put the media's noise in perspective.

stormerF   July 2nd, 2009 8:08 am ET

Who cares what the American People think? Obama says the Economy is recovering and if it does not its Bush's fault....What a bunch of fools we have in charge....2010 RE-Elect, NO ONE.

Willy Brown   July 2nd, 2009 8:02 am ET

"one in eight say economic recovery underway" My bet isa that one person is a Obama staffer.

Scott, Tucson   July 2nd, 2009 8:01 am ET

Obama is surely delusional to believe this economy is on the rebound to recovery right now, of course it sounds good coming off from a teleprompter. Just wait for all his new taxes to hit the American people, that ought to send it back into a tailspin.

Realistic Democrat   July 2nd, 2009 7:43 am ET

Still unemployed... I voted for you Mr. Obama. Where are my "wealth redistribution" checks??? My unemployment isn't covering things...

Fair is Fair   July 2nd, 2009 7:42 am ET

Good thing we rushed the porkulus package through so quickly, or else these numbers could be in the negative category.

TCM   July 2nd, 2009 7:36 am ET

......Although polls in recent months have shown some signs of growing optimism, that appears to have stalled," says CNN Polling Director Keating Holland. ".......

Yeah, but that's only the 1021 people you've been interviewing , Mr. Holland...probably in Neverland....once the tax implications that the dems are ramming through congress hit the average joe, the economy's really going to tank....people cannot afford more taxation at the hands of this liberal radical Obama....you libs really are going to suffer at your own selfish hand.

reagan fan forever   July 2nd, 2009 7:34 am ET

Too bad we can't comment on the White House staffers salaries. The article repeatedly states that in most cases they are the SAME as in the Bush administration. What was it you Obama voters expected? (Was it CHANGE?)

ib   July 2nd, 2009 7:14 am ET

With all this spending we are headed toward worse times. When the dollar starts falling in value which has already begun inflation will go out of sight. I lived through the Carter's years and it wasn't fun and Obama is making Carter look like a saint.

independent Jim   July 2nd, 2009 7:04 am ET

Did the stimulus spending save us, or just postpone the inevitable? If the economic stall returns to nosedive, the Dems need to look out in 2010 and 2012. People vote with their pocket books (per James Carvel, "It's the economy, stupid!").

Legna   July 2nd, 2009 6:55 am ET

I am surprised its that many..Going to get a lot worse. We better WAKE UP...

Robin   July 2nd, 2009 6:54 am ET

Deeper in debt and higher unemployment. Change you can believe in.

Art   July 2nd, 2009 6:24 am ET

Retail prices same and down, energy prices up, food prices up, health care prices up, insurance prices up, new car prices up, public transportation prices up, jobs down, pay raise down, money in pocket down, there's the economy.

Mark,B'ham,Al.   July 2nd, 2009 6:15 am ET

The economy is not recovered and may be a lot longer before it recovers. What we need to worry about after that is the hyper-inflation due to the deficit created by this administration with all the spending programs. If the democrats want to spend all this money, they need to make everyone including the poor pay for their share. That way our children and grandchildren will not have to be saddled with this debt. If we want all these entitlements, we need to pay for them know including paying all the deficit off.

Pragmatic   July 2nd, 2009 5:42 am ET

Tough problems, world wide, and going to take time. The alternative was for government to do nothing, Expectations on "fast" have changed: instead of waiting a week for your snapshots to be developed – we can see our pictures a nano-second after their taken. Most President's have 4 year terms ... solutions are going to take more than 6 months.

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