Saturday, December 24, 2011

9% Rate Economy As Good or Excellent

According to a new Rasmussen Reports poll, 9% of Americans rate the current economic situation as good or excellent. Personally, i'm surprised so many see the current situation as favorable with how high unemployment is (roughly 9%, when those who have simply stopped looking for a job are included it is roughly 17%-20%) and with how the economy has been growing at historically low levels for the past 3 years. Makes one wonder what they're seeing. Nonetheless, this is clearly a bad sign for President Obama. If unemployment gets anywhere near the 10% mark, his chances of securing re-election are nonexistent.

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