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Americans have a grimmer view of the economy since President Obama was elected, although it hasn’t made a dent in their holiday shopping. Many seem more accepting, too, of higher taxes in the future.
Fifty percent (50%) of American Adults now believe the economy will be weaker in a year’s time. That’s a 27-point jump from October and the lowest finding since September of last year. Thirty-six percent (36%) predict the economy will be weaker five years from now, the highest level of pessimism in nearly four years.
The increase in pessimism comes from Republicans and those not affiliated with either major political party. Just before President Obama was reelected, Republicans were evenly divided as to whether the economy would be better or worse a year from now. Today, only 11% of Republicans believe the economy will be stronger in a year. An overwhelming 74% in the GOP believe it will be worse.
2012-11-24 16:06:40