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Zogby Poll: Most Americans believe economy is in decline

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posted on Jan, 23 2008 @ 07:00 PM
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Zogby Poll: Most Americans believe economy is in decline


www.reuters.com

WASHINGTON (Reuters) - Most Americans believe their country's economy is in decline and that its cities are experiencing economic troubles on a variety of fronts, according to a Zogby International Poll released Wednesday.

Americans also count five economic issues among the top 10 problems cities face, said John Zogby, speaking at a meeting of the U.S. Conference of Mayors, which sponsored the poll. These include affordable housing, the housing market, local job development, health care and property taxes.

But they are also worried about their individual well-being, the survey of 32,085 people found.

More than two-thirds of respondents said they get less spending power from their paychecks than they did five years ago, and more than a quarter say unemployment has risen in their cities in the past five years.

About a quarter said homelessness has increased in their cities over the last half-decade as well. In Detroit, Orlando, Tampa and Sacramento, more than a third said the homeless population increased.

Immigration is a leading issue for Americans, Zogby said, and more than half of those surveyed said stricter immigration laws will help their local economies. Nearly half believe illegal immigration has hurt their communities' economies, and two-fifths said any form of immigration hurts their cities.

(visit the link for the full news article)




posted on Jan, 23 2008 @ 07:00 PM
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Well, I wonder what the Budget Finance dept will have to say about this, with their recent utterings of how there won't be a recession. Seems the average american is now in touch with reality. Too bad our gov can't seem to come to grips with it.

www.reuters.com
(visit the link for the full news article)



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