Just when you think there is no way the American people’s extreme pessimism about the state of the economy can get any worse, it manages to drop even more to its lowest level since 2008. According to CNN, an incredible 90 percent of Americans feel economic conditions in this country are poor. From CNN Money:
Three years after a financial crisis pushed the country deep into recession, an overwhelming number of Americans — 90% — say that economic conditions remain poor.
The number, reported Friday in a new CNN/ORC International Poll, is the highest of Barack Obama’s presidency and a significant increase from the 81% who said conditions were poor in June.
The persistent pessimism indicates that Americans are feeling a level of hardship in line with the official statistics.
Looking at the internals of the poll, 40 percent said the economy is “somewhat poor” and a full 50 percent of the country said the economic conditions are “very poor.” These are devastating numbers for an incumbent president looking to run for re-election. The economy/jobs remains the top issue with voters.