Pew Research: Americans Say Obamanomics Failing Them — Falling Behind the Cost of Living

Obamanomics...Obama SOTU — Good Grief  –Image Courtesy: Austin Ridenour@Twitter

During his ‘State of the Union’ speech last week, the USA Today reported that President Obama said:

“The shadow of the (recession) crisis has passed
and the state of the union is strong.”

Not so fast — According to Pew Research earlier this month, while Americans views of the economy have improved somewhat:

  • 48% say their economic condition is only fair, 24% call themselves poor while only a meager 27% describe economic conditions as good.
  • Likewise, most Americans 55% continue to say they are falling behind the cost of living and when it comes to job opportunities, 57% say that jobs are difficult to find.
  • Overall the strength of the economy is seen as tepid–66% says the economy is recovering but not very strongly, 17% see no economic recovery at all with just 16% that believe the economy is recovering strongly.

Related: 27 Facts Show How the Middle Class Has Fared Under Obama

Leave a Reply

You must be logged in to post a comment.