Poll: Americans view economy as poor, split on future
December 21st, 2012
05:00 AM ET
2 years ago

Poll: Americans view economy as poor, split on future

(CNN) - With the so-called fiscal cliff looming and the U.S. economy limping back to life, an overwhelming majority of Americans rate today's economic conditions as poor and are split on where the economy will be four years from now, according to a new survey.

The new CNN/ORC International poll shows only 26% of Americans think the economy is doing well while 74% view economic conditions as poor.

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After President Barack Obama's victory on November 6, White House and congressional leaders have switched focus to finding common ground on the nation's budgets to avoid a series of automatic spending cuts and tax rate increases set to go into effect at the beginning of next year if lawmakers fail to reach a deal. The poll, taken earlier this week, was conducted while negotiations between Obama and House Speaker John Boehner appeared to be at a stalemate.

Both sides have presented budget deals they tout as balanced approaches to taming the nation's growing debt but so far no deal has been met.

The poll also indicates Americans are divided on where the economy will be four years from now. Forty-eight percent foresee economic conditions as good while 51% think conditions will be poor.

The CNN poll was conducted by ORC International December 17-18, with 620 adults nationwide questioned by telephone. The survey's overall sampling error is plus or minus four percentage points.


Filed under: CNN poll • CNN/ORC International poll • Economy
soundoff (9 Responses)
  1. John Q.Public

    The gap between the richest and poorest in the U.S. is slightly larger than it was during the Great Depression. Unemployment including those not recieving benefits is above %20. The only reason there are no soup lines is because of food stamps. Billionaires (Thousand Millions) hoarding wealth they will never spend is revered instead of scorned. It's shameful and ridiculous. And, no, all this will not be fixed, nor likely even improved in four years. The love of money has finally dramatically corrupted the wonderful system that our founders created. Even the Supreme Court has endorsed allowing the wealthy to purchase all the politicians they want to. And without term limits the corruption will only become more entrenched.

    December 21, 2012 05:51 am at 5:51 am |
  2. Gurgyl

    WalMart, JCPenny, McDonald's jobs??? Economy??? Bring MANUFACTURING BACK INTO USA–then talk. Tighten immigration too.

    December 21, 2012 05:55 am at 5:55 am |
  3. Get Real

    Won't matter what WE THE PEOPLE think, the media will SPIN the data to THEIR slanted choice of candidate when it comes to WHO is to BLAME.

    December 21, 2012 06:22 am at 6:22 am |
  4. Disgusted

    The American people NOW think the economy is bad??? It is the same rotten economy we had during the election. Hmmm. Guess someone has woken up. Too bad they slept through the alarm clock!

    December 21, 2012 06:57 am at 6:57 am |
  5. Name lynn

    people around the world is watching and listen to the news and polls we dont know what the economy going to lead to but for now boehner got big problem he needs to step aside an let another republican take his seat until the democrates and republicans come a decision

    December 21, 2012 07:34 am at 7:34 am |
  6. GOP Hate America

    meanwhile they sit in line for 17 hours to be the first to buy a new Iphone. do they even read the poll question when they answer.

    December 21, 2012 07:47 am at 7:47 am |
  7. Rick McDaniel

    There IS no "future" with the socialists destroying America. The country will continue to decline, because of debt, and devaluation of the currency.

    You wanted Obama and the socialists, so now, you reap what you sow.

    December 21, 2012 08:25 am at 8:25 am |
  8. Rudy NYC

    CNN: Boehner's Plan B fiscal cliff bill pulled amid dissension in GOP caucus
    --------------------------–
    Everyone would like to see the economy in better shape. Unfortunately, the message from the GOP is as clear as it has ever been. "You're on your own. We're looking for our own." This country needs a reasonable counterpoint to the Democrats.

    The Republican party is party in free fall. It lacks leadership. One op-ed piece this morning described the party as a cadre of tribal interests. They have become distracted and consumed by infectious superstititions on a range of issues. They have become so consumed with their messaging machine that they have permitted the messengers (most of whom are not policticians, never have and never will be) to become the defacto leaders of the party.

    The members have become the ultimate cowards in failing to stand against their party, failing to speak first for fear of being excommunicated, and failing the American people as a whole. All of the flaws have come to the forefront over the past week beginning with the fact that not one, NOT ONE, Republicans has spoken about gun laws because they are waiting to hear what the NRA will say so that they can all be "on message." That's really pathetic.

    December 21, 2012 08:46 am at 8:46 am |
  9. Wondering where the intelligent people have gone

    Budget – what budget? Oh the spend anything we want Obama budget that puts America deeper in debt while they preach to it's citizens to live within their means on a BUDGET. Get real people – you voted in a financial imbecil – again. Nobody's fault but those who voted for him because of his race and charm; not his ability to run a country.

    December 21, 2012 08:49 am at 8:49 am |