Economics Magazine

Americans Assessment On State Of The Nation Most Negative Since 1979

Posted on the 21 January 2013 by Susanduclos @SusanDuclos

By Susan Duclos
The numbers speak for themselves, no commentary needed.
Gallup reports "Americans Downbeat on State of U.S., Prospects for Future."

U.S. President Barack Obama begins his second term at a time when Americans are as negative about the state of the country and its prospects going forward as they have been in more than three decades. Fewer than four in 10 Americans (39%) rate the current status of the U.S. at the positive end of a zero to 10 scale. This is about the same as in 2010, but it is fewer than have said so at any point since 1979. As they usually are, Americans are more upbeat in their predictions of where the U.S. will be in five years (48% positive), but this is also lower than at any time since 1979. Fifty-five percent of Americans say the state of the nation five years ago was positive.

Gallup delves into the previous three low points:
The three previous points in time when ratings were as low as or lower than the 2013 rating were in August 1979 (34%), April 1974 (33%), and January 1971 (39%). The 1979 measure came at a time when the economy was in bad shape and inflation was rampant, while the 1974 measure came in the midst of the Watergate scandal....

Gallup concludes:
Implications
The challenges President Obama faces as he begins his second term in office are evident from the fact that less than four in 10 Americans rate the nation's current situation on the positive end of a zero to 10 scale and that slightly less than half project that the state of the nation will be positive in five years. Both of these assessments are among the more negative Gallup has measured since the Eisenhower administration. The bright side for the Obama administration is that the current low assessments leave much room for improvement.

 This Gallup report was issued on the day Obama celebrated his second and last inauguration.
 'Nuff said.

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