RSS67% Say Economy Causing Family Stress … Does That Mean Obama & the First Family as Well?
According to a recent Rasmussen poll, 67% of American say that the poor US economy is adding stress to their families. The stress and strain of a continued job unemployment over 9%, an anemic 1.3% GDP, increased gas prices, continued out of control deficit spending, and wasteful $787 billion stimulus spending and an out of control debt that has caused S&P to downgrade US credit to AA+ from AAA has done nothing but cause aggravation to US families.
With the Rasmussen Consumer and Investor Indexes hovering near two-year lows and unemployment rates still in the nine percent (9%) range, it’s perhaps no surprise to find that a majority of Americans say the economy is adding stress to their family.
The latest Rasmussen Reports national telephone survey finds that 67% of American Adults say the state of the economy is causing more stress on their family. That finding is up 10 points from this time last year . Twenty-seven percent (27%) say the economy isn’t causing their family more stress.
Posted August 7, 2011 by Scared Monkeys Barack Obama, Economy, GDP, Jobs, Nanny State - Big Government, Obamanation, Polls, Rasmussen, Unemployment, We the People | 3 comments |
Welcome to Obamaville: Gross Domestic Product (GDP) Rose a Pathetic 1.3% in Second Qtr
More Obamanomics … welcome to Hoover Obamavilles.
More bleak economic news as a result of Democrat and Obama policies. The GDP for the second quarter of 2011 for the US is, drum roll … 1.3%!!! Wow, thank you Barack Obama. Does that even count as growth? Needless to say the markets are reacting prior to opening and are down. Oh wait, it gets worse, if that is possible. First quarter GDP was sharply revised down to a 0.4% from 1.9%. But wait there’s more, fourth quarter growth from 2010 was revised down to a 2.3% from 3.1%.
Growth in gross domestic product — a measure of all goods and services produced within U.S. borders – rose at a 1.3 percent annual rate, the Commerce Department said. First-quarter output was sharply revised down to a 0.4 percent pace from 1.9 percent.
Economists had expected the economy to expand at a 1.8 percent rate in the second quarter.
In addition, fourth-quarter growth was revised down to a 2.3 percent pace from 3.1 percent, indicating that the economy had already started slowing before the high gasoline prices and supply chain disruptions from Japan hit.
Obama and the Democrats have done everything possible to put Americans into Hoovervilles. This President truly is an OBAMANATION and an EPIC FAILURE!!! Unemployment, debt and GDP, OH MY!!! This president has done nothing but harm the economy, they best thing Obama could do to help the United States is resign. Obama has truly become Jimmy Carter. Just like in 1980, the only way that America was to return around from its “malaise” was for Carter to be voted out of office. Does it really surprise anyone that Obama has a 41% approval to be reelected? Look for that number to go down even further. Which begs the question … Has Obama become “landslidable” in 2012? Look for that future post in the near future.
Brian in a Blue State
