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ccording to a new poll, Americans’ views on the economy have deteriorated significantly in the last month, with over half expecting the economy to worsen in the coming year. According to a poll conducted by The Associated Press-NORC Center for Public Affairs Research, only 35 percent of Americans consider the national economy to be good, while 65 percent consider it to be terrible. This indicates a drop from September, when 45 percent of Americans said the economy was doing well. The decline in Americans’ economic sentiment is associated with the rising cost of products across the country making purchasing more difficult. Consumer prices jumped 5.4 percent from a year ago in September, as per the Labor Department. Roughly, 47 percent of Americans believe the economy will worsen in the coming year, compared to only 30 percent who expect it to get better. Joseph Binkley, a resident of Indiana, said that there might be inflation but this is just a temporary economic problem.“ I think it’s mostly a supply-demand issue, as the economy is improving,” he added. Despite the decline in Americans’ economic outlooks,
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THE POWER IS NOW MAGAZINE | DECEMBER 2021
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AMERICA’S OPINION OF THE ECONOMY OF THE COUNTRY IS DETERIORATING ACCORDING TO A NEW POLL