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Poll: Americans Unhappy With Financial Situation

Poll: Americans Unhappy With Financial Situation

This is one poll that might make democrats and the Obama Administration nervous, especially in an election year.

Apparently you are unhappy with your financial situation.

The new poll from Gallup says more than 40 percent of you are worse off now than you were last year. The numbers are a reversal of what had been a two year trend. Lone Star College economics professor Hank Lewis explains why that is.

“One of the things that has been most frustrating is that we have not seen a robust recovery and the consumer mood is reflecting this,” Lewis told KTRH.

“If we had seen job growth above two percent we would have seen a lot more optimism. People are not seeing much of a gain,” Lewis explained.

At the same time, 55% of you think you'll be better off next year. So why is there optimism about the future when there's a lot of negative feelings right now?

“Part of it is that people figure we’ll get past the bumps and hurdles that have to do with Obamacare, and that we will get past the uncertainty,” Lewis said.

Looking at the numbers more closely 42% said you're worse off with your money situation than you were last year. 35%  said you were better off. 22% said your situation hadn't changed.

 

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