Wednesday, October 28, 2009
Gloom Spreads on Economy, but GOP Doesn't Gain
Americans are growing increasingly pessimistic about the economy after a mild upswing of attitudes in September. But Republicans haven't been able to profit politically from the economic gloom, according to a new Wall Street Journal/NBC News poll.
The survey found a country in a decidedly negative mood, nearly a year after the election of President Barack Obama. For the first time during the Obama presidency, a majority of Americans sees the country as being on the wrong track.
Fifty-eight percent of those polled say the economic slide still has a ways to go, up from 52% in September and back to the level of pessimism expressed in July. Only 29% said the economy had "pretty much hit bottom," down from 35% last month.
But a dark national view of how everybody in Washington is conducting the public's business appears to be preventing Republicans from benefiting from concerns about the direction of the country or the Democrat-led government's handling of the economy, as the minority party often does.
In fact, disapproval of the Republican Party actually has ticked upward, along with the public's general pessimism. Asked which political party should control Congress after next year's midterm elections, Democrats now hold a clear edge over the GOP, 46% to 38%, a month after the Republicans were nearly as popular. In September, the Democratic edge was 43% to 40%.
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- Forbes Magazine Plans More Layoffs
- Chinese Drywall Found to Differ Chemically
- Gloom Spreads on Economy, but GOP Doesn't Gain
- U.S. Considers Reining In ‘Too Big to Fail’ Instit...
- Still on the Job, but Making Only Half As Much
- Bloomberg Buys BusinessWeek From McGraw-Hill
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