Did economy turn corner? Americans not sure

Posted by Al Lewis on April 26, 2010
Economy Stupid, Survey Said ...

The wonks on TV, the economists, the guys on Wall Street, and the people who live inside the Beltway keep saying America is turning the corner.

Americans, however, remain unconvinced, according to the latest poll by Harris Interactive. Click here for the survey, or read on for the some of the results:

* 70% say the current job market in their region is bad; only 10% say it is good.

* 38% say the job market will not start growing for another year or longer; 21% say it will start growing between 6 and 12 months from now; and only 12% believe it will begin growing in the next six months.

* 67% give President Obama negative ratings on his overall handling of the economy, more or less unchanged from last month.

* 32% of Americans expect the economy to improve, 33% say it will stay the same, and 25% expect it to get worse.

* 43% feel less secure about their financial situation compared to last year; 23% feel more secure; 32% feel the same as last year.

* 29% believe their household’s financial condition will worsen in the next six months; 50% believe it will remain the same; and 22% believe it will improve.

Seems like everyone believes the economy is improving except the American people. Harris notes that the old “It’s the economy, Stupid” complaint may hurt incumbents in November.

How’s the economy going for you?