8 in 10 Americans: Economy is in poor shape
May 6th, 2011
09:35 AM ET
3 years ago

8 in 10 Americans: Economy is in poor shape

New York (CNNMoney) – More than 80% of Americans surveyed say the economy is in poor shape, with unemployment still the public's top concern, according to the latest CNN/Opinion Research Corporation survey.

Not everyone is down in the dumps. Seventeen percent of Americans say the economy is somewhat good. Only 1% say the economy is very good.

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Filed under: CNN poll • CNNMoney.com • Economy • Polls
soundoff (25 Responses)
  1. David

    Republicans/tea partiers....where are the jobs you promised America???

    May 6, 2011 09:46 am at 9:46 am |
  2. David

    Republicans = incapable of actually being adults and accepting any responsibility for anything gone wrong in America!!!

    May 6, 2011 09:48 am at 9:48 am |
  3. Ancient Texan

    While I give President Obama an "atta boy" kudo for the Bin Laden termination, I can't say the same for the economy. The approach of stimulus and overspending took a bad recession into a far worse and more dangerous area. Spending didn't work for FDR either and indeed lenghtened the depression 7 more years. Only when gearing up for the defense effort during WWII did unemployment and the economy improve. Cutting spending to the bone and getting off the back of small business will bring an end to the problem, but it's going to take a lot of time. Raising taxes on the "rich" (and I am not) wont do it.

    May 6, 2011 10:02 am at 10:02 am |
  4. Rudy NYC

    We, as Americans, need to do a serious gut check on ourselves and our lifestyles. We need to get off of our collective couches and stop the cyncism so prevalent in the national conversaton. We are a nation of big talkers and blamers. We have no one to blame for our economic woes but ourselves.

    We all want to be the big fat cat pulling in the dough while others do the work that we need to be doing ourselves. That is what has happened to the jobs in the country. We have been taught to think that we can be all middle managers and CEOs. It has always been the hard working middle class that has moved this country forward; a middle class that has now decided to sit on their collective couches and rake in the dough. Let someone else take the lead so we can reap the benefits.

    This has brought our nation to the economic brink, and we are still looking for someone to take the lead and solve our collective problems for us. We have to do it ourselves, not sit back and watch an elite few take it all away from us.

    May 6, 2011 10:05 am at 10:05 am |
  5. Peace

    Blame Bush. He tanked the economy. His supporters are claiming contributing to the capture and kill of bin Laden but when it comes on Economy nobody lips up!

    May 6, 2011 10:07 am at 10:07 am |
  6. Dominican mama 4 Obama

    Okay Boo-Hoo Boehner your country awaits the fulfillment of your campaign promise. You ran on JOBS...where are they?????

    May 6, 2011 10:12 am at 10:12 am |
  7. Chipster

    Were any of these 80% of people paying attention at all when the previous administration slashed taxes for the wealthy and started two costly wars? 9/11 hit the U.S. hard, two wars have cost a fortune and the GOP solution is to dismantle Social Security and Medicare for seniors earning less than $1500/mo while protecting Donald Trump's inheritance?! Seniors paid for decades for their small benefit. It's called "entitlements" because they ARE entitled to it!

    May 6, 2011 10:17 am at 10:17 am |
  8. Four and The Door

    So let's raise taxes. That is a sure way to get the other 20% on board! And as an added benefit, Obama will not have to make those tough spending cut decisions during his last 2 years in office. Spending is more enjoyable and makes you popular.

    May 6, 2011 10:23 am at 10:23 am |
  9. David

    Republicans try to take credit for taking out Bin Laden why not be "true" to your "convictions" and take responsibility for the nasty economy you handed the President??

    May 6, 2011 10:26 am at 10:26 am |
  10. David

    Republicans = only "true" to their convictions when it suits them!

    May 6, 2011 10:27 am at 10:27 am |
  11. Frank

    The US economy is in the tank and our President Obama is out campaigning instead of fixing it. The good news is that if he doesn't start to work on improving the economy soon, he wont get re-elected in 2012.

    May 6, 2011 10:27 am at 10:27 am |
  12. ConservaFASCISTS -aka- Mammon

    Where are the jobs these fascists republicans ran on? We've had 13 straight months of private sector job growth and that has nothing to do with any legistlation that the GOBP supported. Where is their jobs bill??? I miss Nancy Pelosi as Speaker. She actually got things DONE!!!

    May 6, 2011 10:29 am at 10:29 am |
  13. Bill from GA

    While dems had control of the House and a super majority in the Senate, jobs went from loosing over 750,000 per month when Pres. Obama first took office, to positive gains, but growth stalled when the repugs were able to filibuster bills in the Senate. Now with repugs controlling the House, there is no new jobs bill; not even talk talk of one since the last election.

    The chart on Political Ticker – Economy adds 244k jobs in April would look really different if the last 3 or 4 years were on it, showing the last of the Bush years WITH OVER 750,000 JOBS LOST PER MONTH. And for those who say, "Dems controlled Congress":I ask,what bills did that Congress pass that destroyed the economy; bills that would have gotten past a Bush veto? Answer: NONE.

    May 6, 2011 10:38 am at 10:38 am |
  14. Al-NY,NY

    If anyone thinks the GOP is going to try to create jobs, they are dreaming. Nothing would make them happier than a high unemployment rate, high poverty, etc in that it's the only way they can "pin" Duh Duh Duh-byas recession on Obama and try to get themselves elected. I wonder why they ran on jobs but did the old bait and switch to their bread and butter wedge social issues as soon as they were in office? They will do NOTHING to create any jobs. Of course, as the unemployment rate moves down, they will try to grab credit, but do the blame game if it's not low enough

    May 6, 2011 10:39 am at 10:39 am |
  15. Rudy NYC

    @Frank
    The US economy is in the tank and our President Obama is out campaigning instead of fixing it. The good news is that if he doesn't start to work on improving the economy soon, he wont get re-elected in 2012.
    --------------
    If the US economy is in the tank, that is a big improvement over the fish out of water he found flapping on the ground when he first took office.

    May 6, 2011 10:55 am at 10:55 am |
  16. Four and The Door

    Why do you Democrats think it takes government spending to create jobs? Did you as a group never take the first economics class?

    Effective management of the federal government to include controlled spending, low taxes and free trade are the best things the federal government can do to encourage jobs growth quickly. Since the Republicans won so big in November, this has been the new direction they have forced in Washington and private sector jobs growth has started immediately.

    Jobs bills that throw money at the problem as we have seen since 2008 don't work.

    May 6, 2011 10:57 am at 10:57 am |
  17. Rudy NYC

    @Bill from GA
    While dems had control of the House and a super majority in the Senate, (the rest is based upon this initial lie.)
    -------------
    Stop the lie dead in its' tracks. The Democrats did not have a super majority in the Senate. That is why the Republicans were able to filibuster so much of the business of the Senate over the past two years. A super majority would have stopped it, if one existed. It didn't.

    May 6, 2011 11:00 am at 11:00 am |
  18. Bill from GA

    Here's a repug jobs bill: They passed legislation in the House to ban tax deductions for any insurance plan funding abortions. Think of all the IRS workers it would take to enforce THAT bill. Good for the economy?

    May 6, 2011 11:01 am at 11:01 am |
  19. Dominican mama 4 Obama

    a middle class that has now decided to sit on their collective couches and rake in the dough. Let someone else take the lead so we
    -------------------------------------------------–
    Please elaborate and quantify how the middle class that has seen their 401ks decimated has decided to "...sit on their collective couches and rake in the dough". How someone who fears that their job might well be shipped overseas managed to do that?
    I believe that Amercia's middle class is the meat and substance of this country and that it is in fact the fat cat CEOs that are sitting at home on their couches raking in the dough of their profits after shipping our jobs to countries that slashed their payroll to a fraction of its' former self.

    "We have no one to blame for our economic woes but ourselves."
    I agree but not for the reasons that you stated above. We lived -collectively- beyond our means for a long, long time. We are experiencing the end results.
    Seven years of prosperity followed by seven years of famine.....

    May 6, 2011 11:02 am at 11:02 am |
  20. Ancient Texan

    Small businesses began hiring when the GOP took control of the House in January and they could have a little confidence in them to not raise taxes on them and add new government regulations. Not knowing what Pelosi, Reid, and Obama had in mind to saddle them with next caused them to not hire earlier. Obamacare, and increased local, and state taxes were already enough to worry about.

    May 6, 2011 11:14 am at 11:14 am |
  21. David

    Four and The Door

    Why do you Democrats think it takes government spending to create jobs? Did you as a group never take the first economics class?

    Effective management of the federal government to include controlled spending, low taxes and free trade are the best things the federal government can do to encourage jobs growth quickly. Since the Republicans won so big in November, this has been the new direction they have forced in Washington and private sector jobs growth has started immediately.

    Jobs bills that throw money at the problem as we have seen since 2008 don't work.

    >>>>>you can scream spending all you want george bush was warned about the potential financial turmoil of a "FAKE" war in Iraq and yet he lied to US all and took us there, if Bush hadnt lied we wouldnt be in this ecenomic predicament! you can attempt to blame Obama all you want we all know the last democrat clinton left us in much better shape. Period.

    May 6, 2011 11:17 am at 11:17 am |
  22. Bill from GA

    To Rudy NYC, try to read past the first few words before you say I'm lying.. And when Pres. Obama first took office, until Senator Kennedy died, THE DEMS DID HAVE A SUPER-MAJORITY. They could have done more with it, but were afraid the repugs would say, "You're acting like we did!!"

    May 6, 2011 11:17 am at 11:17 am |
  23. randy

    Those of you relying on the government to fix the economy have it all wrong. If you think gas prices are too high, drive less. If you think unemployment is too high, find something you like, start a business and hire somebody. If your household bills are too high, shut out a light, dump cable. If you don't have enough money, think about what is important and stop eating out and other frivolous spending. Take some responsibility for yourself, and your country. The less we rely on the folk in government, the less effect they can have and the less important they will be.

    May 6, 2011 11:18 am at 11:18 am |
  24. David

    Ancient Texan

    Small businesses began hiring when the GOP took control of the House in January and they could have a little confidence in them to not raise taxes on them and add new government regulations. Not knowing what Pelosi, Reid, and Obama had in mind to saddle them with next caused them to not hire earlier. Obamacare, and increased local, and state taxes were already enough to worry about.

    No they were just waiting for their govt handout the Republicans were sure to give them! Thats why they waited.

    May 6, 2011 11:19 am at 11:19 am |
  25. randy

    I need to add, yes it is that simple.

    May 6, 2011 11:19 am at 11:19 am |