Monday, June 20, 2011
The Social Poets: Poll: Huge Percentage Americans Unhappy With Economy: "From Denny: Gallup pollsters discovered this week that 78 percent of Americans are unhappy about the way things are going in this country. That's a six point increase in dissatisfaction in only 30 days.
In another Gallup poll this week as well, the U.S. Economic Confidence, only 30 percent of Americans believe the economy is getting better. That's down another seven points since last month.
Six straight weeks of Wall Street declines and bleak jobs outlook are the major factors for dissatisfaction. The crippling third reason is the very high price of gasoline at the pump. It's over $1 dollar higher per gallon than a year ago and that was too high for the economy to thrive back then.
Who can afford to drive to their job when it now costs as much as an additional $500 or more a month? People are choosing between paying their house mortgage or driving to work."