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

More than three-quarters rate economic conditions poor

[cnn-photo-caption image= http://i.cdn.turner.com/cnn/2008/images/06/08/art.wall.ap.jpg caption="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. D-MI


    Take your meds and go watch Mr. Rodgers. You sound like a blathering idiot.

    June 9, 2008 11:55 am at 11:55 am |
  2. Amit NYC

    Thanks Republican!

    June 9, 2008 11:55 am at 11:55 am |
  3. M.E.M Kansas city

    This Country is going through correction. Our Government is corrupt. A NEW DAY IS ON THE ARISEN .

    June 9, 2008 11:56 am at 11:56 am |
  4. Jack from California

    Well after almost 8 years of George Bush and for the most part a republican congress we see what they had in mind for the economy – the richest got richer and the rest of us are left paying the bills.

    Despite all the campaign promises the reality is that the republican party is for the rich elite and those foolish enough to believe their empty promises.

    Are you non-rich republican voters waiting for the "next depression" before you see whats going on?

    We need a clear super majority of Democrats and a few years to start things going in the right direction for the majority of Americans.

    June 9, 2008 11:56 am at 11:56 am |
  5. Breaker

    Stop that foolish talk Hillary is better and all that BS.

    The fact is that Hillaly is supporting Obama now.

    The republicans have no solutions and vision.

    They only can spread hatret!!!

    June 9, 2008 11:57 am at 11:57 am |
  6. Hillary no vp

    TO- Still biased for Obama Cnn / when you start comparing young people of this country to what you have printed on here this is an out and out lie you have reached rock bottom /shame on you .
    You are a sore looser to rate our youth as you have.

    June 9, 2008 11:58 am at 11:58 am |
  7. A democrat

    As soon as Obama is sworn in, Oil will go down 50%... the world is with him. Watch this space

    June 9, 2008 12:00 pm at 12:00 pm |
  8. Johnny C.

    Obama will destroy this country.

    As a Black Man, I can honestly say I would have preferred Hillary to Obama, and now will switch parties to vote for John McCain because in poor economic and security times, the last thing we need is someone like Obama.

    All the social programs and taxes Obama wants to impose are not what we need now.

    June 9, 2008 12:00 pm at 12:00 pm |
  9. Another Buckeye 4 Obama

    This great "conservative" government are the ones who got rid of all of the regulations that were put into place after the depression. This is why the high gas prices, high food prices, etc! And until this media (Wall Street) does their job and tells America this, watch the prices keep going up. It is called "speculation without regulation"

    June 9, 2008 12:01 pm at 12:01 pm |
  10. Jason

    Obama was not nominated by popular vote... a group of DNC superdelegates chose him. Isn't it nice of them to vote for us, seeing as how we American citizens really shouldn't be in control of any aspect of our lives? Go ahead, vote for Obama in November and we'll all be 'fixed' just like the economy.

    June 9, 2008 12:01 pm at 12:01 pm |
  11. roger hakin

    The economy is GOOD in this country.

    We alway have about 5 % unemployed
    Those who are unemployed in todays environment do not "want" to "work" or they would have a job.

    Those who think the economy is bad need to read a little history.

    A bad economy is 25 % unemployment as in the depression.

    June 9, 2008 12:02 pm at 12:02 pm |
  12. Steve, Madison WI

    Heckofa job, Bushie!

    June 9, 2008 12:04 pm at 12:04 pm |
  13. JRD

    Stand by Hillary then, and vote for Obama.

    June 9, 2008 12:06 pm at 12:06 pm |
  14. Mimi De La Cruz for OBAMA







    June 9, 2008 12:07 pm at 12:07 pm |
  15. Ray Ito

    Didn't Bush have an MBA in Business Administration? What has his administration done to the economy?

    And McCain is riding on his back?

    June 9, 2008 12:08 pm at 12:08 pm |
  16. Stevo

    The American Dream is all a big con. It's an attempt to turn every one of our young adults into debt slaves for their entire lives. Digging a hole you can never get out of.

    Bigger, better, now... Isn't that really the epitome of greed? Or the American Dream?

    Our young people are doing it to themselves. The housing crash and gas/energy situation will cause a lot of people to budget. Something they haven't been doing for the past 5 years.

    Let's face it... when you buy a house with 100% financing, aren't you just renting at a much higher price. You bet on the future gain to dig you out of that (debt) hole.

    Couldn't anyone with a brain realize that the economy was a house of cards built on lending? Now that the stricter lending standards have been brought back, we are in for a rude awakening.

    Depression 08 is here.

    June 9, 2008 12:10 pm at 12:10 pm |
  17. Brian from Fort Mill, S.C.

    "Mar June 9th, 2008 10:42 am ET

    Two words: Keating Five!

    June 9, 2008 12:11 pm at 12:11 pm |
  18. Joel

    52% will be happy to be alive a year from now. It is impossible to look that far ahead when you are speaking of the economy. Six months at the most. And the outlook is bleak. The next six months will stay the same or get worse. After that, it very much depends upon how the election goes.

    June 9, 2008 12:11 pm at 12:11 pm |
  19. tpipe Owosso MI

    After reading the posts I cannot help myself here. Is it in the Dem handbook to attack Republicans at every turn? I read about Bush and Cheney going to make billions when they leave office from oil companies, I read the Dem controlled House and Senate can't get things done because of the Repubs, I read we need more domestic oil production, then I ask myself.

    How much did the Clintons make after leaving office?
    Can the Dems work with others in the House and Senate to get things done?
    Who is responsible for the lack of domestic oil production and lack of refineries?

    Not an attack........just some questions that need answers.

    June 9, 2008 12:16 pm at 12:16 pm |
  20. Bitter Elitist Sexist

    There is no rationalizing with the radical Hillary fundamentalists. It wouldn't matter if she beat up on babies and drowned puppies, her blind-faith followers are cult-like in their adoration. It is blindingly apparent that Hillary has only her own interests at heart, since everything that comes out of her mouth is "I, me, me, I, my, me, my" etc. Yet her ardent supporters refuse to see any flaws. She is only liked by elderly women, and the poor and un-educated (whom she exploits for her own political gain) who don't have the resources available to make intelligent decisions about their candidates. No offense, but I want my country back from these people. Her (and their) interests don't represent mine, or mainstream America at all.

    On a side note, look at the approval of Obama vs. Clinton outside of the US. People outside of the US can't stand Hillary, and are resigned to the fact that she would never make an effective leader. On the other hand, they can't wait until Obama becomes President, as most see him as someone that finally can be reasoned with, and who respects and values the support of allies. Obama is the once-in-a-lifetime candidate, Hillary and McCain are the not-in-our-lifetime candidates.

    June 9, 2008 12:22 pm at 12:22 pm |
  21. Mike, Syracuse, NY

    To the McSame/McBush/Bush III crowd. If you bothered to research the McCain's record, you'd find he is his own man, and very different than Bush. If you had researched Obama's record, you'd find he doesn't have one. 'Just Words' is a very apt description. Of course you could always count all those times he showed up in the IL Senate and voted 'present'. Now there's a man of change for you. Speaking of change, how do you like the change in gas prices since the Dems took over Congress 2 years ago, or the change in housing, or the change in the economy?

    June 9, 2008 12:33 pm at 12:33 pm |
  22. Dong Amons

    I am pleased that I detected this site , just the right info that I was searching for! .

    December 2, 2011 02:16 am at 2:16 am |
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