Washington (CNN) - Less than a quarter of all Americans say the economy is in good shape, according to a new national poll. But the 24 percent who give the economy a thumbs up in a CNN/Opinion Research Corporation survey released Friday is a six point jump since November.
According to the poll, three out of four say economic conditions right now are poor, but that's the lowest that figure has been since August, 2008. The number who rate the current economic conditions as very poor is down from 44 percent two months ago to 35 percent now.
"Economic optimism has grown by leaps and bounds in the Western states. Fifty percent of westerners said the economy was in very poor shape in November, but only 28 percent feel that way today," says CNN Polling Director Keating Holland. "People with no college degree are also more likely to give the economy a better grade than college graduates. Among college grads, the number who say the economy is in very poor shape dropped by only three points, but it dropped nine points among people without a college degree."
The CNN/Opinion Research Corporation poll was conducted Jan. 14-16, with 1,014 adult Americans questioned by telephone. The survey's overall sampling error is plus or minus three percentage points.
target="_blank">Polling Center, which provides the most comprehensive polling data covering national questions and the top 2010 election races of any news organization in the political landscape.
– CNN Deputy Political Director Paul Steinhauser contributed to this report
We were told it was noto going to be overnight because it took the shrub's administration eight years to flush us down the toilet. The economy IS recovering. If only the rethugs would keep their job creation promises . . . . nah, too much to ask of those who love the rich and corporations.
Wait until the effect of rising fuel prices hits. The liberally biased media is not making a big deal out of it right now like in 2008 when they and their democrat liberal allies and the SEIU/ACORN were using it as part of their campaign to bash Bush. It is worse than it was then and getting worse, but we do have an Obamacare bill most Americans and most states don't want to suck the life out of the economy. Another achievement for the incompetent, corrupt, inept administration and if you are a union, you can opt out.
whats obamas big announcement, that he sold america to HU from China or that he is going to change Illinois to the land of obama rather than the land of Lincoln. Obama is destroying America by killing the American Dream. 2012 will be his waterloo.
The economy wont gain strength if the price of oil keeps rising by leaps & bounds every time the economy shows the slightness gain! GMAB!!!
And absolutely no thanks to the Republican – no help from them!
If the economy is better why are there still between 5 to 6 million people unemployed and not able to collect is this accounted for. I am a 99er i worked since i was 16 now im 39 and have nothing economy isnt getting better by far. Whats getting better is the goverments paycheck thats the only thing getting better....
There will be a slight edge since the left wing liberals were thrown out of congress but we are far from a recovery. 1012 maybe...
We'll be getting another big boost when the Q4 year end numbers are all released in the retail and transportation sectors. New factory orders should be up again.
The people that say the economy is good must be spouting what Obama says, instead of listening to the people that are still unemployed, underemployed, out of unemployment checks and being foreclosed on. Either that, or they work for Chase, AIG or Citibank.
50% to 28% is quite a significant drop, when people start feeling good about the economy their confidence in the President and Congress increases.
Yes, it will take us along time to correct the mismanagement and de-regulations that the bushwhacher and republicans put in place over 8 years. I know that the right wing nuts will say,"There you go again!", but it is the truth even if they don't want to admit it. (Keep hiding your head in the sand like bush has done these two years out of office. Why do you think he isn't in the public's eye? Embarrassed!)
We have been making corrections and the stock markets shows it is a slow process. From 9,300- 11,800 is about a 50% change. of course when the market was going down FOX reported it every day and now that it has gone up, NOTHING!
I forgot their lie of "Fair and Balanced!"