Monday, June 6, 2022

Americans 'Deeply Pessimistic' About US Economy, Inflation

Zero Hedge: Americans 'Deeply Pessimistic' About US Economy, Inflation 

Last week President Biden insisted that "more Americans feel financially comfortable" since he took office. 

Yet, according to a new poll, 83% of Americans are pessimistic about the US economy - describing it as "poor or not so good," while 35% say they aren't satisfied with their financial situation - the highest level of dissatisfaction in the 50 years since the Wall Street Journal-NORC (University of Chicago) poll began. 

The survey found Americans in a sour mood and registering some of the highest levels of economic dissatisfaction in years. The pessimism extended beyond the current economy to include doubts about the nation’s political system, its role as a global leader and its ability to help most people achieve the American dream. -WSJ

The Journal frames sentiment as "deeply pessimistic," and says Americans view the nation as sharply divided over its most important values.  

Read more ....  

WNU Editor: Americans are not only pessimistic, but I sense a growing anger among many. Inflation is making it extremely difficult for tens of millions in the US to live. I shudder to think what the situation will be like this winter.

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