CBS Poll: 81% Say U.S. On Wrong Track
CBS/NY Times Poll Shows Americans Deeply Concerned About Economy
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Play CBS Video Video Poll: Country Headed Wrong Way A CBS/New York Times Poll finds 81 percent of Americans think the U.S. is headed in the wrong direction. It is the lowest approval rating in 25 years. Harry Smith reports and talks to Jeff Greenfield.
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Asked to compare the state of the country to how it was five years ago, 78 percent say things are worse today - the highest percentage since CBS News began asking the question in 1986. Only four percent say things are better now.
The outlook on the economy is as bleak as views on the state of the country as a whole. Just 21 percent say the economy is in good shape - the lowest percentage recorded since October of 1992. That number is down from January of this year, when 38 percent said the economy was in good shape.
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Federal Reserve Chairman Ben Bernanke said on Wednesday that a recession is possible, but 66 percent of those polled say the country is already in a recession - a number that is unchanged from two weeks ago.
In light of those views, it is no surprise that the economy and jobs remains the top concern for Americans - 37 percent of whom name it as such - while the war in Iraq is the top concern for 15 percent of those polled.
As which economic problem facing the country is most important, 21 percent say it is gas and oil prices, while 14 percent named housing and the home mortgage crises. Eleven percent say the most important economic problem is jobs.
Despite rampant worries about the economy and concerns about the home mortgage crisis, Americans are relatively satisfied with their own financial status. Seventy-two percent rate their financial situation as at least somewhat good. But this number is down six points from February, and only nine percent of Americans say their financial situation is very good, which is down nine points in the last few weeks.
Most Americans admit that the state of the economy has taken a personal toll. Seventy-nine percent say they have had to make cutbacks in their daily spending in recent years, although only 28 percent say those cutbacks have been severe.
Although seven in ten Americans say the economy is getting worse, they are cautiously optimistic about its long-term future. Nearly half of Americans with families say they believe their children's standard of living will be better than their own. Twenty eight percent say they believe it will decline and 24 percent think it will be about the same as their own. Sixty-two percent of Americans think their standard of living is better than that of their parents when they were the same age.
Americans' negative views on the economy are taking a toll on evaluations of how President Bush is handling the issue. Only 21 percent of Americans now approve of the president's handling of the economy - his lowest rating to date. Mr. Bush's overall job approval rating stands at 28 percent.
The Campaign
The Democratic presidential race continues to be tight nationally, with Barack Obama maintaining a narrow lead. Among Democratic primary voters who have already participated in a Democratic primary held this year, or still plan to, Obama leads Hillary Clinton 46 percent to 43 percent. Those numbers are unchanged from a month ago.
Expectations that Obama will become the nominee have grown in the last two weeks, with 69 percent of Democratic voters now saying they expect him to defeat Clinton - up from 55 percent in mid-March.
Democratic primary voters view Obama as the more electable candidate. Fifty-six percent think he is better positioned to beat John McCain in November, while only 32 percent think Clinton is.
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The Economy And State Of The Country
Michelle Obama tells how her role as the First Lady has changed her perspective.





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See all 865 CommentsUnfortunately, Americans have in large part lost the will to demand positive change. When Representative Murtha spoke up for redeployment of troops from Iraq, we allowed the war profiteering mainstream media to marginalize and slander him as a traitor. When Representative Conyers spoke up for impeachment, an equally popular idea, masses of people did not speak up in support.
I am afraid that when President Obama tries to propose changes, which by definition will be at the expense of the anointed corporate rich of this country, not enough people will be willing to take a strong stand for action. Not enough Americans are engaged or concerned. I guess they have been sufficiently scared by the powers that be. However, Americans should not complain about getting just what they therefore deserve.
But nothing happens to this President as a result, nothing, just talk, amazing, President Bush has powers beyond reason, nothing and no one can touch him!
"Don''t worry. What could one person do in 4 years?"
Turns out I underestimated Bush''s resolve.
Ahh, back to the genocide advocate we all know.
Why should we fight a war against a nation that never attacked, or threatened us, that had no WMDs, or bio-weapons, so for what cause are we killing those people?
Since there is no real cause, there can be no real victory. This "war" was lost before it began,because it was started based on lies, so no amount of dead Iraqis will create a victory from a lie.
Posted by donbl1 at 09:12 PM : Apr 04, 2008
At least it is not being white washed by Feith and is being spent in the USA...
Been saying that for years, that 19% must be the bush regime''s fundy religious reich wingers
Does the Bush family make up 4% of the total US population?
Nothing like $100M in advertising about how bad it is to affect the national psyche.
Another statistic today, 72% think they are "personally" fairly good or very good financially.
The only reason to have that dichotomy of statistics is the negative advertising which makes us think everyone else must be in the bread line..... but we aren''t.
The haves vs the have nots
Rich vs the poor
It is worse today.
Money talks and bs walks.
Govt vs the people.
Bear Stearns was not bailed out you are correct,
but the Government did secure loans using taxpayer money for the transaction........
Posted by Quetzal0666 at 07:09 PM : Apr 04, 2008
Sorry the quote was some else''s I was laughing at. Totally agree with you.
Bear Stearns was not bailed out you are correct,
but the Government did secure loans using taxpayer money for the transaction........
Posted by minnick8 at 06:37 PM : Apr 04, 2008
I think they went to a GOP convention. That''s the only way that it could only be as low as 81%.
Yeah and the American Economic Train is about to be hit by an Avalanche when it crosses the Rockies, caused by helicopter Ben Bernake skiing on an Avalanche alert when he shouldn''t have been. The US won''''t be on the wrong track then, it will tumbling down a Ravine and into the valley, hopefully somewhere near Aspen.
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